1104 E 23rd St #ATexarkanaAR71854
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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
Investment property for sale in Texarkana at 1104 E 23rd St #A, Texarkana, AR, 71854 listed at $294,000 pairs $1,800/mo rent with a $1,439/mo payment to leave $33/mo cash flow. Total monthly income runs $1,800/mo, and annual cash flow reaches $392/yr on $97,461 cash to close. Return on cash invested measures 20.31% in year one, and rental yield registers 7.35% at a $294,000 basis. Equity gained on principal adds $1,897/yr, and annual property appreciation at 5% supports $81,227 by year five. Five-year ROI tracks 104.78% and total cumulative return in cash totals $102,120. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $1,439/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71854, Texarkana, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,673 (100%) |
| Owner Occupied HU | 8,517 (51.1%) |
| Renter Occupied HU | 5,820 (34.9%) |
| Vacant Housing Units | 2,336 (14.0%) |
| Median Home Value | $186,158 |
| Average Home Value | $207,121 |
Housing Distribution
Address Breakdown
Residential
16,309
Single Family
14,590
Multi-Family
1,719
Businesses
1,075
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