118 Richwood DrFairfield bayAR72088
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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 Fairfield bay at 118 Richwood Dr, Fairfield bay, AR, 72088 listed at $120,000 pairs $916/mo rent with a $587/mo payment. Total monthly income runs $916/mo. Return on cash invested measures 14.09% in year one, and rental yield registers 9.16% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 75.61% and total cumulative return in cash totals $30,079. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $916/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1980
N/A lot
$N/A/sqft
$388 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72088, Fairfield Bay, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,997 (100%) |
| Owner Occupied HU | 1,047 (52.4%) |
| Renter Occupied HU | 196 ( 9.8%) |
| Vacant Housing Units | 754 (37.8%) |
| Median Home Value | $156,010 |
| Average Home Value | $207,782 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,396
Multi-Family
58
Businesses
86
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Listed by: Jeff Cornelius • Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Mls Name: CARMLS
Mls Provider:
Mls ID: #25029550
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.