704 Spring Miller CtArlingtonTX76002
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Nearby investment properties with comparable prices
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 704 Spring Miller Ct, Arlington, TX, 76002 at $150,000 posts ROI 23.01% with $129/mo cash flow from $1,195/mo rent. Total monthly income equals $1,195/mo, and annual cash flow records $1,542/yr on $49,725 to close. Return on cash invested measures 23.01% and rental yield reads 9.56% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 120.72% and total cumulative return in cash totals $60,030.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,195/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1981
0.55 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
10,633
Multi-Family
679
Businesses
186
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