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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 5508/5510 Creekridge Dr, Arlington, TX, 76018 earns $569/mo cash flow from $2,880/mo rent with a $1,591/mo payment. Total monthly income totals $2,880/mo, and annual cash flow totals $6,823/yr on $107,738 capital. ROI tracks 26.24% on current figures, and rental yield reads 10.63% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 138.03% and total cumulative return in cash sums $148,705. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Multi Family
Built in 1984
5,505 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 76018, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,202 (100%) |
| Owner Occupied HU | 6,350 (69.0%) |
| Renter Occupied HU | 2,541 (27.6%) |
| Vacant Housing Units | 311 ( 3.4%) |
| Median Home Value | $287,045 |
| Average Home Value | $275,786 |
Housing Distribution
Address Breakdown
Residential
9,173
Single Family
8,264
Multi-Family
909
Businesses
586
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $325,000 |
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: MultiFamily
- Year Built: 1984
- Architectural Style: N/A
- Building Area: 1,974
- Living Area: 1,974 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric, Fireplace(s)
- Cooling: Central Air, Ceiling Fan(s), Electric
- Flooring: Carpet, Laminate
- Interior Features: Chandelier, High Speed Internet, Cable TV, Vaulted Ceiling(s)
- Exterior Features: Rain Gutters
- Parking Features: Attached Carport, Alley Access, Concrete, Driveway, No Garage, Off Street, Outside, On Street
Location
- City: Arlington
- Subdivision: Windmill Meadows
- Lot Size: 5,505 sqft
- Lot Features: Corner Lot, Subdivision, Few Trees
- 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 Connected, Phone Available, Sewer Available, Separate Meters, Underground Utilities, Water Available, Cable Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Fitzgerald
- Middle School: N/A
- High School: Bowie
Listed by: Rob Hurt • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20754082
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.