216 New York AveFarmingtonAR72730
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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 Farmington at 216 New York Ave, Farmington, AR, 72730 generates $2,407/mo in rent and, after a $1,576/mo payment, leaves $385/mo in cash flow. Total monthly income is $2,407/mo, and annual cash flow is $4,624/yr on $106,743 invested. Return on cash invested sits at 24.24% in year one, and rental yield is 8.97% on a $322,000 entry. Equity gained on principal adds $2,078/yr, while 5% annual appreciation builds toward $88,963 over five years. Five-year ROI reaches 126.21% and total cumulative return in cash sums $134,719. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,407/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72730, Farmington, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,549 (100%) |
| Owner Occupied HU | 3,153 (69.3%) |
| Renter Occupied HU | 1,133 (24.9%) |
| Vacant Housing Units | 263 ( 5.8%) |
| Median Home Value | $334,077 |
| Average Home Value | $349,619 |
Housing Distribution
Address Breakdown
Residential
4,814
Single Family
4,750
Multi-Family
64
Businesses
342
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Listed by: Jennifer McMurray • McMurray and Associates Real Estate
Mls Name: NABOR AR
Mls Provider:
Mls ID: #1301527
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.