115 Elk Meadow DrFountain LakeAR71901
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 115 Elk Meadow Dr, Fountain Lake, AR, 71901 in Fountain Lake. At $325,300 it earns $2,242/mo in rent and distributes $286/mo to the owner after the $1,463/mo payment, a consistent 8.27% yield. DSCR 1.53 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $89,874 in value; $2,996/yr in principal paydown compounds ownership stake. Total projected return: $141,536.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.0% |
| Monthly Cash Flow | $286 | $300 |
City averages based on Fountain Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,242 |
| Total Monthly Debt Service | $1,826 |
| DSCR Ratio | 1.23x |
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 2018
10.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71901, Hot Springs National Park, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,428 (100%) |
| Owner Occupied HU | 7,567 (52.4%) |
| Renter Occupied HU | 4,775 (33.1%) |
| Vacant Housing Units | 2,086 (14.5%) |
| Median Home Value | $242,632 |
| Average Home Value | $287,903 |
Housing Distribution
Address Breakdown
Residential
13,667
Single Family
12,228
Multi-Family
1,439
Businesses
1,419
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 2018
10.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71901, Hot Springs National Park, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,428 (100%) |
| Owner Occupied HU | 7,567 (52.4%) |
| Renter Occupied HU | 4,775 (33.1%) |
| Vacant Housing Units | 2,086 (14.5%) |
| Median Home Value | $242,632 |
| Average Home Value | $287,903 |
Housing Distribution
Address Breakdown
Residential
13,667
Single Family
12,228
Multi-Family
1,439
Businesses
1,419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: United Country
Mls ID: #03048-150366