119 Terry StHot SpringsAR71901
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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 Hot Springs at 119 Terry St, Hot Springs, AR, 71901 priced at $332,000 converts $1,956/mo rent into after a $1,625/mo obligation. Total monthly income equals $1,956/mo. Return on cash invested prints 19.48% in year one, and rental yield reads 7.07% against a $332,000 entry. Equity gained on principal adds $2,142/yr, while 5% annual appreciation compiles into $91,725 by year five. Five-year ROI reaches 100.31% and total cumulative return in cash sums $110,403. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,956/mo property income covering a $1,625/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.40 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
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Listed by: Shelly Mcdonald • Hot Springs 1st Choice Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #24023108
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.