15047 Highway 62GarfieldAR72732
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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 Garfield at 15047 Highway 62, Garfield, AR, 72732 generates $1,710/mo in rent and, after a $688/mo payment, leaves $849/mo in cash flow. Total monthly income is $1,710/mo, and annual cash flow is $10,194/yr on $46,630 invested. Return on cash invested sits at 41.77% in year one, and rental yield is 14.59% on a $140,665 entry. Equity gained on principal adds $908/yr, while 5% annual appreciation builds toward $38,863 over five years. Five-year ROI reaches 220.03% and total cumulative return in cash sums $102,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,710/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72732, Garfield, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 1,809 (63.6%) |
| Renter Occupied HU | 279 ( 9.8%) |
| Vacant Housing Units | 758 (26.6%) |
| Median Home Value | $375,000 |
| Average Home Value | $464,483 |
Housing Distribution
Address Breakdown
Residential
2,235
Single Family
2,219
Multi-Family
16
Businesses
71
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