104 Cove Chapel RdSpringfieldAR72157
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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 Springfield at 104 Cove Chapel Rd, Springfield, AR, 72157 priced at $245,000 pairs $936/mo rent with after a $1,199/mo payment. Total monthly income equals $936/mo. Return on cash invested is 11.98% in year one, and rental yield stands at 4.58% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 60.13% and total cumulative return in cash reaches $48,840. For financing, Ziffy Mortgage’s DSCR program evaluates $936/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
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
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Listed by: Heather Edwards • Live.Love.Arkansas Realty Group
Mls Name: CARMLS
Mls ID: #25028591