1508 Terrace DrHeber SpringsAR72543
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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 Heber Springs at 1508 Terrace Dr, Heber Springs, AR, 72543 offers a 10.68% rental yield on a $164,000 purchase with $1,460/mo rent. Total monthly income registers $1,460/mo, and a $803/mo payment leaves $474/mo available for distribution. Annual cash flow reaches $5,686/yr on $54,366 to close, and return on cash invested stands at 30.37% in year one. Equity gained on principal adds $1,058/yr while 5% annual appreciation supports $45,310 over five years. Portfolio math shows five-year ROI at 158.7% and total cumulative return in cash at $86,277. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,460/mo property income against a $803/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72543, Heber Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,371 (100%) |
| Owner Occupied HU | 3,959 (53.7%) |
| Renter Occupied HU | 1,695 (23.0%) |
| Vacant Housing Units | 1,717 (23.3%) |
| Median Home Value | $206,592 |
| Average Home Value | $259,269 |
Housing Distribution
Address Breakdown
Residential
6,396
Single Family
6,244
Multi-Family
152
Businesses
654
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Listed by: Crystal Brack • Michele Phillips & Co. Realtors Searcy Branch
Mls Name: CARMLS
Mls ID: #25048579