1615 N Spring Rd UNIT 10HarrisonAR72601
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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 Harrison at 1615 N Spring Rd UNIT 10, Harrison, AR, 72601 earns from $864/mo rent with a $832/mo payment. Total monthly income totals $864/mo. ROI tracks 16.55% on current figures, and rental yield reads 6.1% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 84.66% and total cumulative return in cash sums $47,709. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $864/mo property income instead of your personal income.
Condo
Built in 2006
1,585 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72601, Harrison, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,593 (100%) |
| Owner Occupied HU | 9,193 (63.0%) |
| Renter Occupied HU | 4,066 (27.9%) |
| Vacant Housing Units | 1,334 ( 9.1%) |
| Median Home Value | $214,852 |
| Average Home Value | $274,400 |
Housing Distribution
Address Breakdown
Residential
13,474
Single Family
12,913
Multi-Family
561
Businesses
1,055
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Listed by: Eunice Whiteley • Weichert, REALTORS-Market Edge
Mls Name: ArkansasOne MLS
Mls Provider:
Mls ID: #1305284
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. Information is deemed reliable but not guaranteed.