188 Robert Corder RdGriffithvilleAR72060
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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 Griffithville at 188 Robert Corder Rd, Griffithville, AR, 72060 priced at $445,000 converts $1,246/mo rent into after a $2,178/mo obligation. Total monthly income equals $1,246/mo. Return on cash invested prints 8.29% in year one, and rental yield reads 3.36% against a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation compiles into $122,945 by year five. Five-year ROI reaches 40.3% and total cumulative return in cash sums $59,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,246/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Single Family
Built in 1967
118 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72060, Griffithville, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 218 (68.1%) |
| Renter Occupied HU | 39 (12.2%) |
| Vacant Housing Units | 63 (19.7%) |
| Median Home Value | $123,077 |
| Average Home Value | $133,635 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
12
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Listed by: Natasha L Weathers • Dalrymple
Mls Name: CARMLS
Mls ID: #25036553