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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
Investment property for sale in Arlington at 2423 Summer Place Dr, Arlington, TX, 76014 uses $41,438 cash to close to unlock $911/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $965/mo, and a $612/mo payment keeps the spread at $76/mo. Purchase price stands at $125,000, and rental yield measures 9.26% with $965/mo rent. Return on cash invested shows 22.11% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 115.85% and total cumulative return in cash records $48,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $965/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1984
3,267 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 76014, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,539 (100%) |
| Owner Occupied HU | 5,440 (43.4%) |
| Renter Occupied HU | 6,458 (51.5%) |
| Vacant Housing Units | 641 ( 5.1%) |
| Median Home Value | $236,771 |
| Average Home Value | $311,689 |
Housing Distribution
Address Breakdown
Residential
11,991
Single Family
8,590
Multi-Family
3,401
Businesses
378
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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: SingleFamily
- Year Built: 1984
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Covered, Driveway
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 3,267 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: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Erin Bergin • The Collective Living Co
Mls Name: NTREIS
Mls ID: #21106099