2 Magda LnHot SpringsAR71909
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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 Hot Springs at 2 Magda Ln, Hot Springs, AR, 71909 priced at $186,700 pairs $2,147/mo rent with $987/mo cash flow after a $914/mo payment. Total monthly income equals $2,147/mo, and annual cash flow comes to $11,838/yr on $61,891 invested. Return on cash invested is 39.04% in year one, and rental yield stands at 13.8% on a $186,700 basis. Equity gained on principal adds $1,205/yr, and 5% annual appreciation accumulates to $51,582 by year five. Five-year ROI measures 205.48% and total cumulative return in cash reaches $127,172. For financing, Ziffy Mortgage’s DSCR program evaluates $2,147/mo property income against a $914/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.31 Acres lot
$N/A/sqft
$38 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71909, Hot Springs Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,653 (100%) |
| Owner Occupied HU | 8,230 (77.3%) |
| Renter Occupied HU | 1,134 (10.6%) |
| Vacant Housing Units | 1,289 (12.1%) |
| Median Home Value | $288,567 |
| Average Home Value | $337,292 |
Housing Distribution
Address Breakdown
Residential
10,339
Single Family
10,236
Multi-Family
103
Businesses
319
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