1402 Forrest DrSearcyAR72143
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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 Searcy at 1402 Forrest Dr, Searcy, AR, 72143 uses $52,046 cash to close to unlock $3,572/yr annual cash flow and $298/mo monthly cash flow. Total monthly income runs $1,241/mo, and a $768/mo payment keeps the spread at $298/mo. Purchase price stands at $157,000, and rental yield measures 9.49% with $1,241/mo rent. Return on cash invested shows 26.77% in year one, and 5% annual appreciation builds toward $43,376 over five years. Five-year ROI reaches 139.42% and total cumulative return in cash records $72,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,241/mo property income covering a $768/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72143, Searcy, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,481 (100%) |
| Owner Occupied HU | 8,891 (57.4%) |
| Renter Occupied HU | 4,950 (32.0%) |
| Vacant Housing Units | 1,640 (10.6%) |
| Median Home Value | $215,433 |
| Average Home Value | $276,449 |
Housing Distribution
Address Breakdown
Residential
15,047
Single Family
13,515
Multi-Family
1,532
Businesses
1,459
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Listed by: John Kilpatrick • RE/MAX Advantage
Mls Name: CARMLS
Mls Provider:
Mls ID: #25038408
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.