231 Independence DrHot SpringsAR71913
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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 Hot Springs at 231 Independence Dr, Hot Springs, AR, 71913 listed at $373,457 pairs $2,116/mo rent with a $1,828/mo payment. Total monthly income runs $2,116/mo. Return on cash invested measures 18.66% in year one, and rental yield registers 6.8% at a $373,457 basis. Equity gained on principal adds $2,410/yr, and annual property appreciation at 5% supports $103,179 by year five. Five-year ROI tracks 95.89% and total cumulative return in cash totals $118,714. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,116/mo property income relative to a $1,828/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71913, Hot Springs National Park, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,176 (100%) |
| Owner Occupied HU | 13,504 (51.6%) |
| Renter Occupied HU | 7,431 (28.4%) |
| Vacant Housing Units | 5,241 (20.0%) |
| Median Home Value | $247,974 |
| Average Home Value | $325,048 |
Housing Distribution
Address Breakdown
Residential
23,925
Single Family
21,402
Multi-Family
2,523
Businesses
1,770
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Listed by: Stephanie Ashcraft • Century 21 Parker & Scroggins Realty - Hot Springs
Mls Name: CARMLS
Mls ID: #25033080