16 Megan LnConwayAR72032
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
Rental property for sale in Conway at 16 Megan Ln, Conway, AR, 72032 priced at $390,000 converts $2,551/mo rent into $207/mo cash flow after a $1,909/mo obligation. Total monthly income equals $2,551/mo, and annual cash flow totals $2,478/yr on $129,285 invested. Return on cash invested prints 21.83% in year one, and rental yield reads 7.85% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 112.89% and total cumulative return in cash sums $145,952. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,551/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Single Family
Built in 2018
3.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72032, Conway, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,883 (100%) |
| Owner Occupied HU | 8,950 (56.3%) |
| Renter Occupied HU | 5,540 (34.9%) |
| Vacant Housing Units | 1,393 ( 8.8%) |
| Median Home Value | $226,101 |
| Average Home Value | $281,895 |
Housing Distribution
Address Breakdown
Residential
15,066
Single Family
13,267
Multi-Family
1,799
Businesses
1,551
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