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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 6407 Declaration Dr, Arlington, TX, 76002 generates $2,683/mo in rent and, after a $1,444/mo payment, leaves $490/mo in cash flow. Total monthly income is $2,683/mo, and annual cash flow is $5,885/yr on $97,793 invested. Return on cash invested sits at 25.93% in year one, and rental yield is 10.91% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 136.77% and total cumulative return in cash sums $133,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,683/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
8,929 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-19 | Price change | $295,000 |
| 2024-12-12 | Listed for sale | $297,500 |
| 2024-12-03 | Contingent | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $6032.20 | 3.94% | $276,000 | 4.94% |
| 2023-12-27 | $5803.29 | N/A | $263,000 | 13.06% |
| 2022-12-27 | N/A | N/A | $232,627 | 11.94% |
Listed by: Alex Doubet • Heart Realty
Mls Name: NTREIS
Mls ID: #20782169
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.
