15 W Waketa DrCherokee VillageAR72529
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 Cherokee Village at 15 W Waketa Dr, Cherokee Village, AR, 72529 uses $33,813 cash to close to unlock $2,221/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $798/mo, and a $499/mo payment keeps the spread at $185/mo. Purchase price stands at $102,000, and rental yield measures 9.39% with $798/mo rent. Return on cash invested shows 26.48% in year one, and 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 138.01% and total cumulative return in cash records $46,664. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $798/mo property income covering a $499/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72529, Cherokee Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,031 (100%) |
| Owner Occupied HU | 1,818 (60.0%) |
| Renter Occupied HU | 459 (15.1%) |
| Vacant Housing Units | 754 (24.9%) |
| Median Home Value | $109,713 |
| Average Home Value | $152,625 |
Housing Distribution
Address Breakdown
Residential
2,465
Single Family
2,465
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan B Ramsey • Venture Realty Group - Batesville
Mls Name: CARMLS
Mls Provider:
Mls ID: #25016450
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.