198 Polk Rd #8WickesAR71973
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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 Wickes at 198 Polk Rd #8, Wickes, AR, 71973 generates $1,715/mo in rent, after a $2,912/mo payment. Total monthly income is $1,715/mo. Return on cash invested sits at 8.65% in year one, and rental yield is 3.46% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 42.19% and total cumulative return in cash sums $82,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,715/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
30.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71973, Wickes, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 516 (100%) |
| Owner Occupied HU | 288 (55.8%) |
| Renter Occupied HU | 116 (22.5%) |
| Vacant Housing Units | 112 (21.7%) |
| Median Home Value | $122,368 |
| Average Home Value | $164,323 |
Housing Distribution
Address Breakdown
Residential
377
Single Family
377
Multi-Family
0
Businesses
27
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