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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% |
Investment property for sale in Arlington at 3002 Clear Lake Ct, Arlington, TX, 76017 with 5% annual appreciation on a $275,000 basis while $4,330/mo rent supports operations. Total monthly income totals $4,330/mo and a $1,346/mo payment preserves $2,078/mo for cash returns. Annual cash flow comes to $24,934/yr on $91,163 deployed, and return on cash invested reaches 47.26% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 18.89%. Five-year ROI measures 252.14% and total cumulative return in cash totals $229,859.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,330/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76017, Arlington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,194 (100%) |
| Owner Occupied HU | 11,678 (64.2%) |
| Renter Occupied HU | 5,952 (32.7%) |
| Vacant Housing Units | 564 ( 3.1%) |
| Median Home Value | $336,983 |
| Average Home Value | $398,281 |
Residential
18,099
Single Family
14,813
Multi-Family
3,286
Businesses
886
Date | Event | Price |
|---|---|---|
| 2009-03-31 | Sold | N/A |
| 2009-01-18 | Price change | $189,900 |
| 2008-11-27 | Listed for sale | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $8124.83 | 17.93% | $368,211 | 32.92% |
| 2022-08-30 | $6889.51 | N/A | $277,010 | 9.28% |
| 2021-08-30 | N/A | N/A | $253,488 | N/A |
Listed by: Kim Himes • Kim Himes
Mls Name: NTREIS
Mls ID: #20653514
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.
