








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 6818 Joelene Rae Dr, Arlington, TX, 76001 with 5% annual appreciation on a $339,990 basis while $2,663/mo rent supports operations. 65% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,933 alongside rental yield of 9.4%. Five-year ROI measures 103.72% and total cumulative return in cash totals $116,895. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,663/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
2,613 sqft lot
$N/A/sqft
$270 monthly HOA
Neighborhood data shown for ZIP Code: 76001, Arlington, TX area.
| 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 |
Residential
12,022
Single Family
10,791
Multi-Family
1,231
Businesses
510
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Price change | $339,990 |
| 2024-11-18 | Price change | $349,490 |
| 2024-09-30 | Listed for sale | $349,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $1164.08 | -0.50% | $52,500 | N/A |
| 2023-02-12 | $1169.95 | 130.57% | $52,500 | 148.82% |
| 2022-02-12 | $507.41 | N/A | $21,100 | N/A |



Listed by: Alan Simonton • Knob & Key Realty Partners LLC
Mls Name: NTREIS
Mls ID: #20565853
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.