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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 6702 Saddle Ridge Rd, Arlington, TX, 76016 generates $3,154/mo in rent and, after a $2,007/mo payment, leaves $232/mo in cash flow. Total monthly income is $3,154/mo, and annual cash flow is $2,780/yr on $135,915 invested. Return on cash invested sits at 21.95% in year one, and rental yield is 9.23% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 115.04% and total cumulative return in cash sums $156,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,154/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
7,710 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 |
|---|---|---|
| 2024-10-07 | Price change | $410,000 |
| 2024-09-30 | Price change | $420,000 |
| 2024-09-12 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $6882.92 | -12.65% | $441,155 | 24.27% |
| 2022-10-15 | $7879.86 | 22.64% | $355,000 | 41.67% |
| 2021-10-15 | $6425.42 | 131.99% | $250,582 | -7.18% |
Listed by: Drayon Johnson • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20724522
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.
