238 Lake Estates DrHorseshoe LakeAR72348
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder238 Lake Estates Dr, Horseshoe Lake, AR, 72348 in Horseshoe Lake earns a respectable 7.89% gross yield at $165,000, but after the $742/mo mortgage the net cash flow is $93/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.46) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $45,586 over five years, making equity the dominant return driver. Total projected return: $68,438.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 7.0% |
| Monthly Cash Flow | $93 | $250 |
City averages based on Horseshoe Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,085 |
| Total Monthly Debt Service | $926 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72348, Hughes, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 536 (43.2%) |
| Renter Occupied HU | 376 (30.3%) |
| Vacant Housing Units | 328 (26.5%) |
| Median Home Value | $150,000 |
| Average Home Value | $232,043 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
739
Multi-Family
0
Businesses
76
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
Single Family
Built in 1962
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72348, Hughes, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 536 (43.2%) |
| Renter Occupied HU | 376 (30.3%) |
| Vacant Housing Units | 328 (26.5%) |
| Median Home Value | $150,000 |
| Average Home Value | $232,043 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
739
Multi-Family
0
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristi Brawley • Crye-leike Realtors
Mls Name: Eastern Arkansas Realtors Association
Mls ID: #43738
Disclaimer: Copyright Eastern Arkansas Realtors Association. All rights reserved. Information is deemed reliable but not guaranteed.