218 Cherry StLake CityAR72437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lake City at 218 Cherry St, Lake City, AR, 72437 offers $1,368/mo rent that, after a $670/mo payment, leaves $545/mo cash flow. Total monthly income is $1,368/mo, and annual cash flow is $6,543/yr on $45,349 cash. Return on cash invested measures 34.34% in year one, and rental yield stands at 12% at a $136,800 entry. Equity gained on principal adds $883/yr while 5% annual appreciation compounds into $37,795 by year five. Five-year ROI records 180.07% and total cumulative return in cash reaches $81,662. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,368/mo property income versus a $670/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72437, Lake City, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 1,063 (68.8%) |
| Renter Occupied HU | 373 (24.1%) |
| Vacant Housing Units | 109 ( 7.1%) |
| Median Home Value | $210,477 |
| Average Home Value | $233,921 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,229
Multi-Family
32
Businesses
63
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