118 E Main StCharlestonAR72933
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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
Rental property for sale in Charleston at 118 E Main St, Charleston, AR, 72933 priced at $245,000 converts $1,864/mo rent into $391/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,864/mo, and annual cash flow totals $4,697/yr on $81,218 invested. Return on cash invested prints 25.69% in year one, and rental yield reads 9.13% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 133.66% and total cumulative return in cash sums $108,552. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,864/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1951
1.60 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: Lacy Flanagan • Flanagan Realty
Mls Name: Western River Valley BOR
Mls ID: #1083832