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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 3310 Elkhart Ct, Arlington, TX, 76016 offers $2,538/mo rent that, after a $1,493/mo payment, leaves $212/mo cash flow. Total monthly income is $2,538/mo, and annual cash flow is $2,548/yr on $101,108 cash. Return on cash invested measures 22.43% in year one, and rental yield stands at 9.99% at a $305,000 entry. Equity gained on principal adds $1,968/yr while 5% annual appreciation compounds into $84,266 by year five. Five-year ROI records 118.27% and total cumulative return in cash reaches $119,578. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,538/mo property income versus a $1,493/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
10,802 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 |
|---|---|---|
| 2025-04-01 | Listed for sale | $305,000 |
| 2014-08-27 | Sold | N/A |
| 2014-07-30 | Pending sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $6940.44 | 12.21% | $317,556 | 13.29% |
| 2023-04-01 | $6185.05 | -1.31% | $280,301 | 11.24% |
| 2022-04-01 | $6266.92 | 9.39% | $251,977 | 12.78% |
Listed by: Jon Schwerin • Great Western Realty
Mls Name: NTREIS
Mls ID: #20881705
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.
