116 E Olympia AveManilaAR72442
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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 Manila at 116 E Olympia Ave, Manila, AR, 72442 offers a 0% rental yield on a $188,500 purchase with $0/mo rent. 38% in year one. Equity gained on principal adds $1,216/yr while 5% annual appreciation supports $52,079 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $923/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72442, Manila, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,189 (58.2%) |
| Renter Occupied HU | 596 (29.2%) |
| Vacant Housing Units | 257 (12.6%) |
| Median Home Value | $173,505 |
| Average Home Value | $194,100 |
Housing Distribution
Address Breakdown
Residential
1,459
Single Family
1,459
Multi-Family
0
Businesses
118
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No similar rental properties found nearby.
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Listed by: Dustin Thomas • Halsey Real Estate
Mls Name: Northeast Arkansas BOR
Mls ID: #10123470
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.