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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Arlington at 3001 Steeplechase Trl, Arlington, TX, 76016 priced at $455,000 converts $5,134/mo rent into $1,898/mo cash flow after a $2,227/mo obligation. Total monthly income equals $5,134/mo, and annual cash flow totals $22,781/yr on $150,833 invested. Return on cash invested prints 35.01% in year one, and rental yield reads 13.54% against a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation compiles into $125,708 by year five. Five-year ROI reaches 185.06% and total cumulative return in cash sums $279,124. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,134/mo property income covering a $2,227/mo payment, not borrower’s personal income.
Single Family
Built in 1976
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76016, Arlington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,021 (100%) |
| Owner Occupied HU | 9,426 (78.4%) |
| Renter Occupied HU | 2,230 (18.6%) |
| Vacant Housing Units | 365 ( 3.0%) |
| Median Home Value | $376,342 |
| Average Home Value | $415,726 |
Residential
12,051
Single Family
11,257
Multi-Family
794
Businesses
505
Date | Event | Price |
|---|---|---|
| 2024-08-20 | Listed for sale | $455,000 |
| 2024-08-12 | Contingent | $455,000 |
| 2024-07-16 | Price change | $455,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4827.29 | -14.98% | $445,269 | 12.49% |
| 2023-12-27 | $5677.82 | -25.83% | $395,820 | 8.67% |
| 2022-12-27 | $7654.78 | 4.51% | $364,226 | 15.96% |
Listed by: Doug East • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20626638
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
