803 Cara LnArlingtonTX76012
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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
Rental property for sale in Arlington at 803 Cara Ln, Arlington, TX, 76012 priced at $335,000 converts $2,424/mo rent into $41/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,424/mo, and annual cash flow totals $497/yr on $111,053 invested. Return on cash invested prints 20.36% in year one, and rental yield reads 8.68% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 106.49% and total cumulative return in cash sums $118,256. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,424/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Condo
Built in 2001
6,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76012, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,027 (100%) |
| Owner Occupied HU | 6,690 (60.7%) |
| Renter Occupied HU | 3,808 (34.5%) |
| Vacant Housing Units | 529 ( 4.8%) |
| Median Home Value | $347,932 |
| Average Home Value | $380,864 |
Housing Distribution
Address Breakdown
Residential
10,579
Single Family
9,161
Multi-Family
1,418
Businesses
1,101
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