118 Richwood DrFairfield bayAR72088
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 118 Richwood Dr, Fairfield bay, AR, 72088 in Fairfield bay achieves a 1.70 ratio at $120,000: $916/mo rent versus $540/mo debt service. Rental yield 9.16%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.16% yield compounds alongside 5% annual appreciation projecting $33,154 in value. Total projected cumulative return: $34,629.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $(193) | $500 |
City averages based on Fairfield bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $916 |
| Total Monthly Debt Service | $1,062 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.