212 Morrison AveHot SpringsAR71901
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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 212 Morrison Ave, Hot Springs, AR, 71901 priced at $168,000 converts $1,336/mo rent into $326/mo cash flow after a $822/mo obligation. Total monthly income equals $1,336/mo, and annual cash flow totals $3,917/yr on $55,692 invested. Return on cash invested prints 26.94% in year one, and rental yield reads 9.54% against a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation compiles into $46,415 by year five. Five-year ROI reaches 140.37% and total cumulative return in cash sums $78,173. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,336/mo property income covering a $822/mo payment, not borrower’s personal income.
Single Family
Built in 1940
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71901, Hot Springs National Park, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,428 (100%) |
| Owner Occupied HU | 7,567 (52.4%) |
| Renter Occupied HU | 4,775 (33.1%) |
| Vacant Housing Units | 2,086 (14.5%) |
| Median Home Value | $242,632 |
| Average Home Value | $287,903 |
Housing Distribution
Address Breakdown
Residential
13,667
Single Family
12,228
Multi-Family
1,439
Businesses
1,419
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Listed by: Andy Meyers • Meyers Realty Company
Mls Name: CARMLS
Mls ID: #25017919