1702 Granada DrSpringdaleAR72762
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1702 Granada Dr, Springdale, AR, 72762 in Springdale is a solid income-producing rental, 9.39% gross yield, $2,857/mo rent, $663/mo net cash flow on a $365,000 buy. DSCR 1.74 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $100,843 and $3,362/yr in principal reduction project a total cumulative return of $180,816.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.6% |
| Monthly Cash Flow | $663 | $850 |
City averages based on Springdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,857 |
| Total Monthly Debt Service | $2,049 |
| DSCR Ratio | 1.39x |
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 1989
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72762, Springdale, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,292 (100%) |
| Owner Occupied HU | 11,552 (63.2%) |
| Renter Occupied HU | 5,784 (31.6%) |
| Vacant Housing Units | 956 ( 5.2%) |
| Median Home Value | $358,929 |
| Average Home Value | $419,906 |
Housing Distribution
Address Breakdown
Residential
17,961
Single Family
16,454
Multi-Family
1,507
Businesses
1,168
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 1989
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72762, Springdale, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,292 (100%) |
| Owner Occupied HU | 11,552 (63.2%) |
| Renter Occupied HU | 5,784 (31.6%) |
| Vacant Housing Units | 956 ( 5.2%) |
| Median Home Value | $358,929 |
| Average Home Value | $419,906 |
Housing Distribution
Address Breakdown
Residential
17,961
Single Family
16,454
Multi-Family
1,507
Businesses
1,168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joni Crowley • Smith and Associates Real Estate Services
Mls Name: ArkansasOne MLS
Mls Provider:
Mls ID: #1309431
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.