6801 Joelene Rae DrArlingtonTX76001
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Arlington at 6801 Joelene Rae Dr, Arlington, TX, 76001 listed at $357,000 pairs $2,974/mo rent with a $1,747/mo payment to leave $166/mo cash flow. Total monthly income runs $2,974/mo, and annual cash flow reaches $1,988/yr on $118,346 cash to close. Return on cash invested measures 21.59% in year one, and rental yield registers 10% at a $357,000 basis. Equity gained on principal adds $2,304/yr, and annual property appreciation at 5% supports $98,633 by year five. Five-year ROI tracks 114.06% and total cumulative return in cash totals $134,980. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,974/mo property income relative to a $1,747/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
4,094 sqft lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76001, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,990 (100%) |
| Owner Occupied HU | 9,116 (76.0%) |
| Renter Occupied HU | 2,582 (21.5%) |
| Vacant Housing Units | 292 ( 2.4%) |
| Median Home Value | $365,432 |
| Average Home Value | $392,695 |
Housing Distribution
Address Breakdown
Residential
12,022
Single Family
10,791
Multi-Family
1,231
Businesses
510
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Listed by: Torang Nazmi • AATRealty LLC
Mls Name: NTREIS
Mls ID: #20880928
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.