1603 Abernathy StFordyceAR71742
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1603 Abernathy St, Fordyce, AR, 71742 in Fordyce speaks for itself: 12.16% gross on a $215,000 price, generating $2,179/mo in rent and $887/mo in net income after the $967/mo debt service. DSCR 2.25, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,641 stacks alongside $59,401 in projected five-year appreciation and $1,980/yr in principal reduction. Projected total cumulative return: $138,388.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 8.0% |
| Monthly Cash Flow | $887 | $250 |
City averages based on Fordyce market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,179 |
| Total Monthly Debt Service | $1,207 |
| DSCR Ratio | 1.81x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71742, Fordyce, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,235 (100%) |
| Owner Occupied HU | 1,194 (53.4%) |
| Renter Occupied HU | 642 (28.7%) |
| Vacant Housing Units | 399 (17.9%) |
| Median Home Value | $115,802 |
| Average Home Value | $158,187 |
Housing Distribution
Address Breakdown
Residential
2,021
Single Family
1,905
Multi-Family
116
Businesses
298
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
Single Family
Built in 1964
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71742, Fordyce, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,235 (100%) |
| Owner Occupied HU | 1,194 (53.4%) |
| Renter Occupied HU | 642 (28.7%) |
| Vacant Housing Units | 399 (17.9%) |
| Median Home Value | $115,802 |
| Average Home Value | $158,187 |
Housing Distribution
Address Breakdown
Residential
2,021
Single Family
1,905
Multi-Family
116
Businesses
298
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hannah Moore • Southern Realty Group - Camden Branch
Mls Name: CARMLS
Mls Provider:
Mls ID: #24029103
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.