204 Freeman StHot SpringsAR71913
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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 204 Freeman St, Hot Springs, AR, 71913 offers $1,002/mo rent that, after a $631/mo payment, leaves $227/mo cash flow. Total monthly income is $1,002/mo, and annual cash flow is $2,723/yr on $42,764 cash. Return on cash invested measures 26.28% in year one, and rental yield stands at 9.32% at a $129,000 entry. Equity gained on principal adds $832/yr while 5% annual appreciation compounds into $35,640 by year five. Five-year ROI records 136.74% and total cumulative return in cash reaches $58,477. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,002/mo property income versus a $631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71913, Hot Springs National Park, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,176 (100%) |
| Owner Occupied HU | 13,504 (51.6%) |
| Renter Occupied HU | 7,431 (28.4%) |
| Vacant Housing Units | 5,241 (20.0%) |
| Median Home Value | $247,974 |
| Average Home Value | $325,048 |
Housing Distribution
Address Breakdown
Residential
23,925
Single Family
21,402
Multi-Family
2,523
Businesses
1,770
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Listed by: Jason Edington • Keller Williams Realty Hot Springs
Mls Name: CARMLS
Mls ID: #26002271