1116 & 1106 Chaffee RdCharlestonAR72933
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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 Charleston at 1116 & 1106 Chaffee Rd, Charleston, AR, 72933 offers a 6.88% rental yield on a $250,000 purchase with $1,434/mo rent. 91% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 97.24% and total cumulative return in cash at $80,590. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72933, Charleston, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,227 (100%) |
| Owner Occupied HU | 1,529 (68.7%) |
| Renter Occupied HU | 457 (20.5%) |
| Vacant Housing Units | 241 (10.8%) |
| Median Home Value | $174,750 |
| Average Home Value | $217,654 |
Housing Distribution
Address Breakdown
Residential
1,952
Single Family
1,952
Multi-Family
0
Businesses
112
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Listed by: Opal Daves • The Heritage Group Real Estate - Barling
Mls Name: Western River Valley BOR
Mls ID: #1082648