1053 Grange RdSmithvilleAR72466
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
Rental property for sale in Smithville at 1053 Grange Rd, Smithville, AR, 72466 priced at $349,000 converts $2,684/mo rent into $586/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,684/mo, and annual cash flow totals $7,035/yr on $115,694 invested. Return on cash invested prints 25.99% in year one, and rental yield reads 9.23% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 135.24% and total cumulative return in cash sums $156,468. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,684/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in N/A
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72466, Smithville, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 635 (100%) |
| Owner Occupied HU | 413 (65.0%) |
| Renter Occupied HU | 101 (15.9%) |
| Vacant Housing Units | 121 (19.1%) |
| Median Home Value | $142,188 |
| Average Home Value | $193,238 |
Housing Distribution
Address Breakdown
Residential
603
Single Family
603
Multi-Family
0
Businesses
7
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Nearby investment properties with comparable prices
Listed by: Shauna Baxter • Carpenter Real Estate
Mls Name: My State MLS
Mls ID: #11485780