23 Candlelight DrConwayAR72032
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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
Investment property for sale in Conway at 23 Candlelight Dr, Conway, AR, 72032 offers a 10.67% rental yield on a $199,900 purchase with $1,777/mo rent. Total monthly income registers $1,777/mo, and a $978/mo payment leaves $550/mo available for distribution. Annual cash flow reaches $6,596/yr on $66,267 to close, and return on cash invested stands at 29.86% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 156.17% and total cumulative return in cash at $103,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,777/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$313 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72032, Conway, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,883 (100%) |
| Owner Occupied HU | 8,950 (56.3%) |
| Renter Occupied HU | 5,540 (34.9%) |
| Vacant Housing Units | 1,393 ( 8.8%) |
| Median Home Value | $226,101 |
| Average Home Value | $281,895 |
Housing Distribution
Address Breakdown
Residential
15,066
Single Family
13,267
Multi-Family
1,799
Businesses
1,551
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Listed by: Cami Goodell • RE/MAX Elite Conway Branch
Mls Name: CARMLS
Mls Provider:
Mls ID: #25039665
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.