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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 3312 Elkhart Ct, Arlington, TX, 76016 priced at $400,000 pairs $3,097/mo rent with $252/mo cash flow after a $1,958/mo payment. Total monthly income equals $3,097/mo, and annual cash flow comes to $3,028/yr on $132,600 invested. Return on cash invested is 22.19% in year one, and rental yield stands at 9.29% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 116.32% and total cumulative return in cash reaches $154,240. For financing, Ziffy Mortgage’s DSCR program evaluates $3,097/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
10,628 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 |
|---|---|---|
| 2025-01-23 | Listed for sale | $400,000 |
| 2024-12-11 | Listing removed | $400,000 |
| 2024-09-30 | Price change | $405,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $1185.33 | -55.30% | $384,030 | 13.87% |
| 2023-02-12 | $2651.88 | -2.78% | $337,247 | 11.79% |
| 2022-02-12 | $2727.61 | 2.17% | $301,680 | 10.86% |
Listed by: Brandee Kelley • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20824166
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.
