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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 3404 Steeplewood Trl, Arlington, TX, 76016 priced at $369,000 converts $2,532/mo rent into after a $1,806/mo obligation. Total monthly income equals $2,532/mo. Return on cash invested prints 18.91% in year one, and rental yield reads 8.23% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 98.76% and total cumulative return in cash sums $120,807. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,532/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 1977
6,751 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 |
|---|---|---|
| 2025-02-06 | Listed for sale | $369,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $6243.49 | 10.00% | $297,667 | 10.56% |
| 2023-02-12 | $5675.84 | -6.01% | $269,225 | 5.66% |
| 2022-02-12 | $6038.99 | 13.41% | $254,813 | 16.00% |
Listed by: Cassilyn Crowley • Modern Realty
Mls Name: NTREIS
Mls ID: #20836920
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.
