





Listed by: Steven Nieves • Real Estate Market Experts
Mls Name: NTREIS
Mls ID: #20714669
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Investment property for sale in Arlington at 617 Flooded Gum St, Arlington, TX, 76002 listed at $360,000 pairs $4,474/mo rent with a $1,762/mo payment to leave $1,897/mo cash flow. Total monthly income runs $4,474/mo, and annual cash flow reaches $22,768/yr on $119,340 cash to close. Return on cash invested measures 38.99% in year one, and rental yield registers 14.91% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 206.44% and total cumulative return in cash totals $246,369. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,474/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
7,971 sqft lot
$N/A/sqft
$50 quarterly HOA
Neighborhood data shown for ZIP Code: 76002, Arlington, TX area.
| 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 |
Residential
11,312
Single Family
10,633
Multi-Family
679
Businesses
186
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Listed for sale | $360,000 |
| 2016-06-23 | Listing removed | $195,000 |
| 2016-05-25 | Pending sale | $195,000 |

A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $4828.89 | -15.50% | $349,719 | 20.54% |
| 2022-08-30 | $5714.63 | 2.52% | $290,122 | 15.91% |
| 2021-08-30 | $5574.38 | 9.21% | $250,291 | 15.99% |