1196 Cornbridge RdMineral SpringsAR71851
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
Investment Highlights
Investment property for sale in Mineral Springs at 1196 Cornbridge Rd, Mineral Springs, AR, 71851 uses $81,218 cash to close to unlock $1,469/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $1,595/mo, and a $1,199/mo payment keeps the spread at $122/mo. Purchase price stands at $245,000, and rental yield measures 7.81% with $1,595/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 112.34% and total cumulative return in cash records $91,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,595/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1955
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71851, Mineral Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,006 (100%) |
| Owner Occupied HU | 538 (53.5%) |
| Renter Occupied HU | 244 (24.3%) |
| Vacant Housing Units | 224 (22.3%) |
| Median Home Value | $119,167 |
| Average Home Value | $171,687 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
549
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A