1902 E Schafer RdLonokeAR72086
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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 Lonoke at 1902 E Schafer Rd, Lonoke, AR, 72086 uses $116,025 cash to close to unlock $2,258/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $2,292/mo, and a $1,713/mo payment keeps the spread at $188/mo. Purchase price stands at $350,000, and rental yield measures 7.86% with $2,292/mo rent. Return on cash invested shows 21.86% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 113.07% and total cumulative return in cash records $131,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72086, Lonoke, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,444 (100%) |
| Owner Occupied HU | 3,069 (69.1%) |
| Renter Occupied HU | 1,027 (23.1%) |
| Vacant Housing Units | 348 ( 7.8%) |
| Median Home Value | $213,330 |
| Average Home Value | $279,173 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,296
Multi-Family
38
Businesses
365
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