11 Durango WayHot SpringsAR71909
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 Hot Springs at 11 Durango Way, Hot Springs, AR, 71909 priced at $320,000 converts $2,256/mo rent into $219/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,256/mo, and annual cash flow totals $2,624/yr on $106,080 invested. Return on cash invested prints 22.38% in year one, and rental yield reads 8.46% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 116.35% and total cumulative return in cash sums $123,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,256/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1977
10,454 sqft lot
$N/A/sqft
$114 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71909, Hot Springs Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,653 (100%) |
| Owner Occupied HU | 8,230 (77.3%) |
| Renter Occupied HU | 1,134 (10.6%) |
| Vacant Housing Units | 1,289 (12.1%) |
| Median Home Value | $288,567 |
| Average Home Value | $337,292 |
Housing Distribution
Address Breakdown
Residential
10,339
Single Family
10,236
Multi-Family
103
Businesses
319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Langley • RE/MAX of Hot Springs Village
Mls Name: CARMLS
Mls Provider:
Mls ID: #25012913
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.