18 N Hermitage DrTexarkanaAR71854
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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 Texarkana at 18 N Hermitage Dr, Texarkana, AR, 71854 priced at $199,900 converts $1,979/mo rent into $778/mo cash flow after a $978/mo obligation. Total monthly income equals $1,979/mo, and annual cash flow totals $9,333/yr on $66,267 invested. Return on cash invested prints 33.99% in year one, and rental yield reads 11.88% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 178.14% and total cumulative return in cash sums $118,045. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,979/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1963
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71854, Texarkana, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,673 (100%) |
| Owner Occupied HU | 8,517 (51.1%) |
| Renter Occupied HU | 5,820 (34.9%) |
| Vacant Housing Units | 2,336 (14.0%) |
| Median Home Value | $186,158 |
| Average Home Value | $207,121 |
Housing Distribution
Address Breakdown
Residential
16,309
Single Family
14,590
Multi-Family
1,719
Businesses
1,075
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