Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 539 Norwood Cir E, Arlington, TX, 76013 listed at $379,900 pairs $2,935/mo rent with a $1,859/mo payment to leave $111/mo cash flow. Total monthly income runs $2,935/mo, and annual cash flow reaches $1,329/yr on $125,937 cash to close. Return on cash invested measures 20.96% in year one, and rental yield registers 9.27% at a $379,900 basis. Equity gained on principal adds $2,451/yr, and annual property appreciation at 5% supports $104,959 by year five. Five-year ROI tracks 110.14% and total cumulative return in cash totals $138,701. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,935/mo property income relative to a $1,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1979
5,706 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 |
|---|---|---|
| 2024-07-23 | Price change | $379,900 |
| 2024-07-10 | Listed for sale | $390,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $7783.66 | 0.97% | $352,749 | 13.80% |
| 2022-08-14 | $7709.22 | 37.94% | $309,968 | 42.22% |
| 2021-08-14 | $5588.73 | N/A | $217,952 | 11.69% |
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: 1979
- Architectural Style: N/A
- Building Area: 2,554
- Living Area: 2,554 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric, Fireplace(s)
- Cooling: Central Air, Ceiling Fan(s), Electric
- Flooring: Carpet, Ceramic Tile, Laminate
- Interior Features: Central Vacuum, High Speed Internet, Cable TV
- Exterior Features: N/A
- Parking Features: Additional Parking, Covered, Carport
Location
- City: Arlington
- Subdivision: Norwood Square
- Lot Size: 5,706 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: Electricity Available, Electricity Connected, Sewer Available, Water Available, Cable Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Swift
- Middle School: N/A
- High School: Arlington
Listed by: Winston Bowdre • Winston Alan Realty
Mls Name: NTREIS
Mls ID: #20670422
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.