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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 3219 Elkhart Ct, Arlington, TX, 76016 with 5% annual appreciation on a $305,000 basis while $2,777/mo rent supports operations. Total monthly income totals $2,777/mo and a $1,493/mo payment preserves $608/mo for cash returns. Annual cash flow comes to $7,295/yr on $101,108 deployed, and return on cash invested reaches 27.12% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 10.93%. Five-year ROI measures 142.74% and total cumulative return in cash totals $144,322.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,777/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
7,666 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $773.13 | -59.83% | $289,968 | 13.10% |
| 2023-04-25 | $1924.45 | -2.83% | $256,390 | 11.06% |
| 2022-04-25 | $1980.54 | 2.35% | $230,864 | 13.20% |
Listed by: Chris Hightower • Hightower REALTORS
Mls Name: NTREIS
Mls ID: #20915706
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.
