1802 Dave Ward DrConwayAR72034
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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 Conway at 1802 Dave Ward Dr, Conway, AR, 72034 generates $1,557/mo in rent and, after a $1,170/mo payment, leaves $120/mo in cash flow. Total monthly income is $1,557/mo, and annual cash flow is $1,441/yr on $79,229 invested. Return on cash invested sits at 21.73% in year one, and rental yield is 7.82% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 112.41% and total cumulative return in cash sums $89,064. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,557/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72034, Conway, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,911 (100%) |
| Owner Occupied HU | 11,063 (48.3%) |
| Renter Occupied HU | 10,164 (44.4%) |
| Vacant Housing Units | 1,684 ( 7.4%) |
| Median Home Value | $279,278 |
| Average Home Value | $335,421 |
Housing Distribution
Address Breakdown
Residential
22,326
Single Family
17,950
Multi-Family
4,376
Businesses
1,066
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Listed by: Karen D Ferguson • RE/MAX Elite Conway Branch
Mls Name: CARMLS
Mls Provider:
Mls ID: #25017381
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.