








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 3407 Dovecreek Dr, Arlington, TX, 76016 generates $3,030/mo in rent and, after a $1,762/mo payment, leaves $470/mo in cash flow. Total monthly income is $3,030/mo, and annual cash flow is $5,640/yr on $119,340 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 10.1% on a $359,999 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 129.38% and total cumulative return in cash sums $154,401. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,030/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
7,840 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $359,999 |
| 2021-08-25 | Sold | N/A |
| 2021-07-27 | Pending sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $5939.67 | 8.51% | $392,516 | 11.48% |
| 2023-05-22 | $5473.68 | -14.48% | $352,107 | 20.38% |
| 2022-05-22 | $6400.33 | -11.12% | $292,497 | 4.15% |



Listed by: Marisol Gallegos • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20944462
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.