1600 Parkway DrCrossettAR71635
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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 Crossett at 1600 Parkway Dr, Crossett, AR, 71635 uses $41,438 cash to close to unlock $17,321/yr annual cash flow and $1,443/mo monthly cash flow. Total monthly income runs $2,195/mo, and a $612/mo payment keeps the spread at $1,443/mo. Purchase price stands at $125,000, and rental yield measures 21.07% with $2,195/mo rent. Return on cash invested shows 61.71% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 326.85% and total cumulative return in cash records $135,437. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,195/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71635, Crossett, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,271 (100%) |
| Owner Occupied HU | 3,141 (59.6%) |
| Renter Occupied HU | 1,409 (26.7%) |
| Vacant Housing Units | 721 (13.7%) |
| Median Home Value | $98,432 |
| Average Home Value | $124,399 |
Housing Distribution
Address Breakdown
Residential
4,811
Single Family
4,676
Multi-Family
135
Businesses
489
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Listed by: Ginger Pittman • Rawls-Campbell Agency
Mls Name: CARMLS
Mls Provider:
Mls ID: #25021833
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