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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% |
Investment property for sale in Arlington at 6700 Switchgrass Rd, Arlington, TX, 76002 offers a 13% rental yield on a $350,000 purchase with $3,792/mo rent. Total monthly income registers $3,792/mo, and a $1,713/mo payment leaves $1,287/mo available for distribution. Annual cash flow reaches $15,443/yr on $116,025 to close, and return on cash invested stands at 33.22% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 175.47% and total cumulative return in cash at $203,594. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,792/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
7,278 sqft lot
$N/A/sqft
$195 annually 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 |
|---|---|---|
| 2024-09-04 | Listed for sale | $350,000 |
| 2021-12-20 | Sold | N/A |
| 2021-11-20 | Pending sale | $307,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-04 | $4369.58 | -21.76% | $267,881 | 3.81% |
| 2022-09-04 | $5585.07 | 6.96% | $258,056 | 26.72% |
| 2021-09-04 | $5221.78 | -1.66% | $203,642 | -0.35% |
Listed by: Wale Ogun • Martnik Realty & Associate LLC
Mls Name: NTREIS
Mls ID: #20719941
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.
