1071 Highway 36Mount VernonAR72111
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1071 Highway 36, Mount Vernon, AR, 72111 in Mount Vernon worth modelling. At $215,000 with a 8% gross yield, the $1,433/mo rent leaves $140/mo after the $967/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.48 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $59,401 by year five; $1,980/yr in principal reduction adds further equity. Total projected return: $90,388.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 7.0% |
| Monthly Cash Flow | $140 | $300 |
City averages based on Mount Vernon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,433 |
| Total Monthly Debt Service | $1,207 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1976
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72111, Mount Vernon, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 544 (74.9%) |
| Renter Occupied HU | 92 (12.7%) |
| Vacant Housing Units | 90 (12.4%) |
| Median Home Value | $250,980 |
| Average Home Value | $352,624 |
Housing Distribution
Address Breakdown
Residential
581
Single Family
581
Multi-Family
0
Businesses
14
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
Single Family
Built in 1976
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72111, Mount Vernon, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 544 (74.9%) |
| Renter Occupied HU | 92 (12.7%) |
| Vacant Housing Units | 90 (12.4%) |
| Median Home Value | $250,980 |
| Average Home Value | $352,624 |
Housing Distribution
Address Breakdown
Residential
581
Single Family
581
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dara Tapley • RE/MAX Elite Conway Branch
Mls Name: CARMLS
Mls Provider:
Mls ID: #25028729
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.