1007 Stratford DrWest MemphisAR72301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in West Memphis at 1007 Stratford Dr, West Memphis, AR, 72301 uses $79,527 cash to close to unlock $2,677/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,665/mo, and a $1,174/mo payment keeps the spread at $223/mo. Purchase price stands at $239,900, and rental yield measures 8.33% with $1,665/mo rent. Return on cash invested shows 23.28% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 120.72% and total cumulative return in cash records $96,007. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,665/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72301, West Memphis, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 4,340 (39.6%) |
| Renter Occupied HU | 5,326 (48.6%) |
| Vacant Housing Units | 1,297 (11.8%) |
| Median Home Value | $138,388 |
| Average Home Value | $160,679 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
8,952
Multi-Family
784
Businesses
1,073
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Laughter-Foley • Laughter Realty, Inc
Mls Name: Eastern Arkansas Realtors Association
Mls ID: #44143