111 Oak StLake CityAR72437
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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 Lake City at 111 Oak St, Lake City, AR, 72437 offers a 7.66% rental yield on a $149,900 purchase with $957/mo rent. Total monthly income registers $957/mo, and a $734/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $541/yr on $49,692 to close, and return on cash invested stands at 21% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 108.62% and total cumulative return in cash at $53,975. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $957/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72437, Lake City, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 1,063 (68.8%) |
| Renter Occupied HU | 373 (24.1%) |
| Vacant Housing Units | 109 ( 7.1%) |
| Median Home Value | $210,477 |
| Average Home Value | $233,921 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,229
Multi-Family
32
Businesses
63
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Listed by: Beth Crockett • Mark Morris Realty
Mls Name: Northeast Arkansas BOR
Mls ID: #10122579
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. Information is deemed reliable but not guaranteed.