2392 Mc #24FoukeAR71837
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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
Rental property for sale in Fouke at 2392 Mc #24, Fouke, AR, 71837 generates $3,216/mo in rent, after a $3,181/mo payment. Total monthly income is $3,216/mo. Return on cash invested sits at 16.18% in year one, and rental yield is 5.94% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 82.61% and total cumulative return in cash sums $176,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,216/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71837, Fouke, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,472 (100%) |
| Owner Occupied HU | 1,632 (66.0%) |
| Renter Occupied HU | 454 (18.4%) |
| Vacant Housing Units | 386 (15.6%) |
| Median Home Value | $184,314 |
| Average Home Value | $201,290 |
Housing Distribution
Address Breakdown
Residential
1,849
Single Family
1,849
Multi-Family
0
Businesses
65
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