190 Waggoner StNormanAR71960
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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 Norman at 190 Waggoner St, Norman, AR, 71960 priced at $150,000 converts $768/mo rent into after a $734/mo obligation. Total monthly income equals $768/mo. Return on cash invested prints 16.69% in year one, and rental yield reads 6.14% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 85.37% and total cumulative return in cash sums $42,450. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $768/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71960, Norman, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 426 (62.1%) |
| Renter Occupied HU | 98 (14.3%) |
| Vacant Housing Units | 162 (23.6%) |
| Median Home Value | $130,645 |
| Average Home Value | $184,020 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
26
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