188 Hummingbird LnEureka SpringsAR72632
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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 Eureka Springs at 188 Hummingbird Ln, Eureka Springs, AR, 72632 offers $1,246/mo rent that, after a $783/mo payment, leaves $284/mo cash flow. Total monthly income is $1,246/mo, and annual cash flow is $3,413/yr on $53,007 cash. Return on cash invested measures 26.35% in year one, and rental yield stands at 9.35% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 137.2% and total cumulative return in cash reaches $72,726. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,246/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1990
1,354 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72632, Eureka Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,993 (100%) |
| Owner Occupied HU | 1,657 (55.4%) |
| Renter Occupied HU | 774 (25.9%) |
| Vacant Housing Units | 562 (18.8%) |
| Median Home Value | $280,258 |
| Average Home Value | $346,352 |
Housing Distribution
Address Breakdown
Residential
2,540
Single Family
2,483
Multi-Family
57
Businesses
531
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Listed by: Robert Knapp • Coldwell Banker K-C Realty
Mls Name: ArkansasOne MLS
Mls ID: #1327018