16 E Pittman StFarmingtonAR72730
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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 Farmington at 16 E Pittman St, Farmington, AR, 72730 uses $95,439 cash to close to unlock $3,126/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $1,991/mo, and a $1,409/mo payment keeps the spread at $261/mo. Purchase price stands at $287,900, and rental yield measures 8.3% with $1,991/mo rent. Return on cash invested shows 23.18% in year one, and 5% annual appreciation builds toward $79,541 over five years. Five-year ROI reaches 120.2% and total cumulative return in cash records $114,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,991/mo property income covering a $1,409/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72730, Farmington, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,549 (100%) |
| Owner Occupied HU | 3,153 (69.3%) |
| Renter Occupied HU | 1,133 (24.9%) |
| Vacant Housing Units | 263 ( 5.8%) |
| Median Home Value | $334,077 |
| Average Home Value | $349,619 |
Housing Distribution
Address Breakdown
Residential
4,814
Single Family
4,750
Multi-Family
64
Businesses
342
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Listed by: Tammy Lawrence • Fathom Realty
Mls Name: ArkansasOne MLS
Mls ID: #1322701