1 Ridgeway AveEureka SpringsAR72632
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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 Eureka Springs at 1 Ridgeway Ave, Eureka Springs, AR, 72632 offers $1,024/mo rent that, after a $2,075/mo payment. Total monthly income is $1,024/mo. Return on cash invested measures 6.89% in year one, and rental yield stands at 2.9% at a $424,000 entry. Equity gained on principal adds $2,736/yr while 5% annual appreciation compounds into $117,143 by year five. Five-year ROI records 32.82% and total cumulative return in cash reaches $46,131. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,024/mo property income versus a $2,075/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
5,357 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72632, Eureka Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,993 (100%) |
| Owner Occupied HU | 1,657 (55.4%) |
| Renter Occupied HU | 774 (25.9%) |
| Vacant Housing Units | 562 (18.8%) |
| Median Home Value | $280,258 |
| Average Home Value | $346,352 |
Housing Distribution
Address Breakdown
Residential
2,540
Single Family
2,483
Multi-Family
57
Businesses
531
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Listed by: Aspen Vaught • Keller Williams Market Pro Realty
Mls Name: ArkansasOne MLS
Mls ID: #1311729