602 Primavera DrArlingtonTX76002
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 602 Primavera Dr, Arlington, TX, 76002 in Arlington. At $360,000 it earns $3,013/mo in rent and distributes $415/mo to the owner after the $1,619/mo payment, a consistent 10.04% yield. DSCR 1.86 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $99,461 in value; $3,316/yr in principal paydown compounds ownership stake. Total projected return: $164,799.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.5% |
| Monthly Cash Flow | $415 | $450 |
City averages based on Arlington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,013 |
| Total Monthly Debt Service | $2,455 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
0.25 Acres lot
$N/A/sqft
$460 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76002, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,667 (100%) |
| Owner Occupied HU | 8,979 (77.0%) |
| Renter Occupied HU | 2,410 (20.7%) |
| Vacant Housing Units | 278 ( 2.4%) |
| Median Home Value | $352,589 |
| Average Home Value | $404,490 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
10,633
Multi-Family
679
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2005
0.25 Acres lot
$N/A/sqft
$460 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76002, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,667 (100%) |
| Owner Occupied HU | 8,979 (77.0%) |
| Renter Occupied HU | 2,410 (20.7%) |
| Vacant Housing Units | 278 ( 2.4%) |
| Median Home Value | $352,589 |
| Average Home Value | $404,490 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
10,633
Multi-Family
679
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Angel • Compass RE Texas , LLC
Mls Name: NTREIS
Mls ID: #20886467
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.