19 Spring StQuitmanAR72131
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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
Investment property for sale in Quitman at 19 Spring St, Quitman, AR, 72131 uses $42,929 cash to close to unlock $2,861/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,017/mo, and a $634/mo payment keeps the spread at $238/mo. Purchase price stands at $129,500, and rental yield measures 9.42% with $1,017/mo rent. Return on cash invested shows 26.57% in year one, and 5% annual appreciation builds toward $35,778 over five years. Five-year ROI reaches 138.43% and total cumulative return in cash records $59,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,017/mo property income covering a $634/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72131, Quitman, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,563 (100%) |
| Owner Occupied HU | 1,666 (65.0%) |
| Renter Occupied HU | 378 (14.7%) |
| Vacant Housing Units | 519 (20.2%) |
| Median Home Value | $240,625 |
| Average Home Value | $300,824 |
Housing Distribution
Address Breakdown
Residential
2,094
Single Family
2,094
Multi-Family
0
Businesses
103
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