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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 6607 Canalview Dr, Arlington, TX, 76016 generates $3,151/mo in rent, after a $2,374/mo payment. Total monthly income is $3,151/mo. Return on cash invested sits at 17.1% in year one, and rental yield is 7.8% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 89.2% and total cumulative return in cash sums $143,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,151/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
10,280 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 |
|---|---|---|
| 2025-06-06 | Listed for sale | $485,000 |
| 2023-08-17 | Sold | N/A |
| 2023-07-30 | Pending sale | $465,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-06 | $8986.52 | N/A | $411,173 | 2.47% |
| 2023-06-06 | N/A | N/A | $401,252 | 19.41% |
| 2022-06-06 | $7340.15 | 4.42% | $336,015 | 11.26% |
Listed by: Micaela Mead • Reside Real Estate LLC
Mls Name: NTREIS
Mls ID: #20951606
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.
