23063 Lookout Point RdSiloam SpringsAR72761
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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 Siloam Springs at 23063 Lookout Point Rd, Siloam Springs, AR, 72761 uses $59,339 cash to close to unlock $5,641/yr annual cash flow and $470/mo monthly cash flow. Total monthly income runs $1,546/mo, and a $876/mo payment keeps the spread at $470/mo. Purchase price stands at $179,000, and rental yield measures 10.36% with $1,546/mo rent. Return on cash invested shows 29.42% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 153.66% and total cumulative return in cash records $91,179. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,546/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1980
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72761, Siloam Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,021 (100%) |
| Owner Occupied HU | 5,952 (59.4%) |
| Renter Occupied HU | 3,437 (34.3%) |
| Vacant Housing Units | 632 ( 6.3%) |
| Median Home Value | $298,425 |
| Average Home Value | $423,917 |
Housing Distribution
Address Breakdown
Residential
9,752
Single Family
9,366
Multi-Family
386
Businesses
928
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Listed by: Robert Smiley • Exit Realty Harper Carlton Group
Mls Name: ArkansasOne MLS
Mls ID: #1314957