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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 2214 Lavern St, Arlington, TX, 76013 generates $3,360/mo in rent and, after a $1,908/mo payment, leaves $497/mo in cash flow. Total monthly income is $3,360/mo, and annual cash flow is $5,965/yr on $129,252 invested. Return on cash invested sits at 24.52% in year one, and rental yield is 10.34% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 129.13% and total cumulative return in cash sums $166,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.
Multi Family
Built in 1982
7,492 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 76013, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,640 (100%) |
| Owner Occupied HU | 6,970 (47.6%) |
| Renter Occupied HU | 6,956 (47.5%) |
| Vacant Housing Units | 714 ( 4.9%) |
| Median Home Value | $344,661 |
| Average Home Value | $366,792 |
Housing Distribution
Address Breakdown
Residential
13,908
Single Family
9,694
Multi-Family
4,214
Businesses
1,491
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $389,900 |
| 2023-08-14 | Sold | $N/A |
| 2023-07-31 | Pending sale | $375,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $7561.24 | 18.35% | $345,960 | 19.48% |
| 2023-04-09 | $6389.08 | -5.44% | $289,548 | 6.58% |
| 2022-04-09 | $6756.71 | 44.42% | $271,670 | 48.90% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: MultiFamily
- Year Built: 1982
- Architectural Style: N/A
- Building Area: 1,892
- Living Area: 1,892 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- Flooring: Ceramic Tile, Laminate
- Interior Features: High Speed Internet, Cable TV
- Exterior Features: Other, Storage
- Parking Features: Assigned
Location
- City: Arlington
- Subdivision: Miller Sub
- Lot Size: 7,492 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Sewer Available, Water Available, Cable Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Crow
- Middle School: N/A
- High School: Arlington
Listed by: Jennifer Viner • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20897028
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.