188 Connerly Bayou RdLake VillageAR71653
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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 Lake Village at 188 Connerly Bayou Rd, Lake Village, AR, 71653 offers $1,199/mo rent that, after a $649/mo payment, leaves $402/mo cash flow. Total monthly income is $1,199/mo, and annual cash flow is $4,823/yr on $43,957 cash. Return on cash invested measures 30.88% in year one, and rental yield stands at 10.85% at a $132,600 entry. Equity gained on principal adds $856/yr while 5% annual appreciation compounds into $36,635 by year five. Five-year ROI records 161.43% and total cumulative return in cash reaches $70,959. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,199/mo property income versus a $649/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71653, Lake Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,386 (100%) |
| Owner Occupied HU | 1,273 (53.4%) |
| Renter Occupied HU | 594 (24.9%) |
| Vacant Housing Units | 519 (21.8%) |
| Median Home Value | $182,617 |
| Average Home Value | $229,916 |
Housing Distribution
Address Breakdown
Residential
2,034
Single Family
1,911
Multi-Family
123
Businesses
225
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Listed by: Connor G Wilkerson • Wilkerson Real Estate Company
Mls Name: CARMLS
Mls Provider:
Mls ID: #25028153
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.