104 Cove Chapel RdSpringfieldAR72157
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 104 Cove Chapel Rd, Springfield, AR, 72157 in Springfield fits: $245,000, 4.58% gross yield, and a projected 5% annual appreciation rate adding $67,689 in value within five years. Rental yield 4.58%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.85) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $2,256/yr in principal paydown and $67,689 in appreciation project a total return of $58,192.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 8.0% |
| Monthly Cash Flow | $(537) | $300 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $936 |
| Total Monthly Debt Service | $1,375 |
| DSCR Ratio | 0.68x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2019
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72157, Springfield, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 572 (73.3%) |
| Renter Occupied HU | 110 (14.1%) |
| Vacant Housing Units | 98 (12.6%) |
| Median Home Value | $200,000 |
| Average Home Value | $209,755 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
637
Multi-Family
0
Businesses
33
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
Manufactured
Built in 2019
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72157, Springfield, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 572 (73.3%) |
| Renter Occupied HU | 110 (14.1%) |
| Vacant Housing Units | 98 (12.6%) |
| Median Home Value | $200,000 |
| Average Home Value | $209,755 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
637
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Edwards • Live.Love.Arkansas Realty Group
Mls Name: CARMLS
Mls ID: #25028591