6809 Joelene Rae Dr, Arlington, TX, 76001 | 8.33% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

6809 Joelene Rae Dr, Arlington, TX, 76001 | 8.33% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1298 sft

745 NW Douglas St, Burleson, TX, 76028

3 Bed
2 Bath
1870 sft

8425 Asheville Ln, Fort Worth, TX, 76123

3 Bed
2 Bath
1676 sft

6112 Fall Creek Ln, Fort Worth, TX, 76123

3 Bed
2 Bath
1934 sft

120 Rockhaven Dr, Alvarado, TX, 76009

Nearby investment properties with comparable prices

4 Bed
3 Bath
2260 sft

6628 Stone Elm Ln, Crowley, TX, 76036

4 Bed
2 Bath
2209 sft

4121 Twisted Creek Dr, Fort Worth, TX, 76036

4 Bed
3 Bath
2059 sft

6640 Valley Lake Ln, Crowley, TX, 76036

4 Bed
3 Bath
2691 sft

835 Waterford Way, Joshua, TX, 76058

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Arlington at 6809 Joelene Rae Dr, Arlington, TX, 76001 offers $2,669/mo rent that, after a $1,882/mo payment. Total monthly income is $2,669/mo. Return on cash invested measures 19.29% in year one, and rental yield stands at 8.33% at a $384,500 entry. Equity gained on principal adds $2,481/yr while 5% annual appreciation compounds into $106,230 by year five. Five-year ROI records 100.75% and total cumulative return in cash reaches $128,421. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,669/mo property income versus a $1,882/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Townhouse

Built in 2022

2,787 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautiful 2022-built home in the sought-after Knights Landing community, conveniently located just off Hwy 287 and I-20, providing easy access to surrounding cities. This spacious property features 4 large bedrooms plus an upstairs bonus room that can be used as a game room, office, media room, family room or even a 5th bedroom. With 2.5 bathrooms, an open floor plan, and a thoughtfully designed layout, this home is perfect for both entertaining and everyday living. The kitchen offers abundant cabinetry, a walk-in pantry, and a clear view into the living room and backyard. Youll also enjoy a welcoming foyer, wide hallways, and a convenient mudroom area just off the garage entrance. The primary suite boasts large windows for plenty of natural light, dual sinks in the bathroom, and a spacious walk-in closet. As a bonus, one of the communitys two dog parks is conveniently located just across the street. Knights Landing offers plenty of green space and family-friendly amenities, making it an excellent place to call home.

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