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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 3202 Summergrove Dr, Arlington, TX, 76001 priced at $450,000 converts $4,006/mo rent into $688/mo cash flow after a $2,203/mo obligation. Total monthly income equals $4,006/mo, and annual cash flow totals $8,253/yr on $149,175 invested. Return on cash invested prints 25.44% in year one, and rental yield reads 10.68% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 134.06% and total cumulative return in cash sums $199,986. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,006/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1993
8,319 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76001, Arlington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,990 (100%) |
| Owner Occupied HU | 9,116 (76.0%) |
| Renter Occupied HU | 2,582 (21.5%) |
| Vacant Housing Units | 292 ( 2.4%) |
| Median Home Value | $365,432 |
| Average Home Value | $392,695 |
Residential
12,022
Single Family
10,791
Multi-Family
1,231
Businesses
510
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Price change | $450,000 |
| 2024-07-24 | Price change | $460,000 |
| 2024-07-16 | Listed for sale | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-26 | $8881.94 | 3.51% | $402,522 | 16.67% |
| 2022-08-26 | $8580.90 | 7.35% | $345,016 | 10.68% |
| 2021-08-26 | $7993.43 | 12.51% | $311,732 | 14.00% |
Listed by: Ellen Batchelor • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20671938
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.
