702 Grassland Way, Arlington, TX, 76002 | $570/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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702 Grassland Way, Arlington, TX, 76002 | $570/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Arlington at 702 Grassland Way, Arlington, TX, 76002 uses $129,252 cash to close to unlock $6,837/yr annual cash flow and $570/mo monthly cash flow. Total monthly income runs $3,342/mo, and a $1,908/mo payment keeps the spread at $570/mo. Purchase price stands at $389,900, and rental yield measures 10.29% with $3,342/mo rent. Return on cash invested shows 25.2% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 132.41% and total cumulative return in cash records $171,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,342/mo property income covering a $1,908/mo payment rather than investor’s personal income.

Single Family

Built in 2018

6,054 sqft lot

$N/A/sqft

No HOA

More details about the property

This home located in the desirable Southwind Meadows subdivision, single story brick home is nestled with 4-bedroom, 2-bathroom home which offers both elegance and modern convenience. The open floor plan boasts an island kitchen with beautiful updated granite countertops, stainless steel appliances, and a gas range with convection oven features, that seamlessly flow into the family room and breakfast nook. Brand new tile throughout main living area and kitchen. All four bedrooms are conveniently located on the main level, including the spacious master suite, which features a large walk-in closet & walk-in shower. This home also a features a flex room, which can become anything you like...Formal dining room, den, game room, office, diva den, or man cave, just make it yours. This home also features an extra large backyard for the kids to run around and play and is conveniently located in the desirable Mansfield ISD! ***Just added new tile floor throughout main areas and brand new water tank!*** Built by Lennar, this well-maintained, one-owner home includes a Lennar Tech Package, providing smart home features for added comfort. This home also features solar panels for low energy bills and will come free of charge with purchase of home as the solar panels are already paid for by owner, which includes the Tesla equipment-battery on the side of home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76002, Arlington, TX area.

Housing Distribution

Housing Statistics

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