1604 Ridgefield 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
Rental property for sale in Heber Springs at 1604 Ridgefield Dr, Heber Springs, AR, 72543 generates $2,065/mo in rent and, after a $1,248/mo payment, leaves $532/mo in cash flow. Total monthly income is $2,065/mo, and annual cash flow is $6,388/yr on $84,499 invested. Return on cash invested sits at 27.47% in year one, and rental yield is 9.72% on a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 143.19% and total cumulative return in cash sums $120,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,065/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.28 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: Jo Anne Wyatt • Crye*Leike Brock Real Estate
Mls Name: CARMLS
Mls ID: #25033229