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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 3714 Pelican Rest Way, Arlington, TX, 76005 priced at $590,000 converts $6,622/mo rent into $2,003/mo cash flow after a $2,888/mo obligation. Total monthly income equals $6,622/mo, and annual cash flow totals $24,038/yr on $194,110 invested. Return on cash invested prints 32.44% in year one, and rental yield reads 13.47% against a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $163,006 by year five. Five-year ROI reaches 172.22% and total cumulative return in cash sums $334,288. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,622/mo property income covering a $2,888/mo payment, not borrower’s personal income.
Townhouse
Built in 2021
1,524 sqft lot
$N/A/sqft
$1,269 quarterly HOA
Neighborhood data shown for ZIP Code: 76005, Arlington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,853 (100%) |
| Owner Occupied HU | 2,880 (74.7%) |
| Renter Occupied HU | 640 (16.6%) |
| Vacant Housing Units | 333 ( 8.6%) |
| Median Home Value | $492,150 |
| Average Home Value | $581,914 |
Residential
3,809
Single Family
3,214
Multi-Family
595
Businesses
70
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Price change | $590,000 |
| 2024-08-26 | Price change | $619,000 |
| 2024-08-17 | Listed for sale | $640,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $215.57 | N/A | $503,410 | 186.42% |
| 2022-08-30 | N/A | N/A | $175,757 | 151.08% |
| 2021-08-30 | $2184.88 | N/A | $70,000 | N/A |
Listed by: Eric Wald • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20705677
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.
