24 Hargis PlCotterAR72626
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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 Cotter at 24 Hargis Pl, Cotter, AR, 72626 offers $3,240/mo rent that, after a $3,695/mo payment. Total monthly income is $3,240/mo. Return on cash invested measures 13.58% in year one, and rental yield stands at 5.15% at a $755,000 entry. Equity gained on principal adds $4,872/yr while 5% annual appreciation compounds into $208,593 by year five. Five-year ROI records 68.73% and total cumulative return in cash reaches $170,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,240/mo property income versus a $3,695/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72626, Cotter, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 430 (53.5%) |
| Renter Occupied HU | 198 (24.7%) |
| Vacant Housing Units | 175 (21.8%) |
| Median Home Value | $240,000 |
| Average Home Value | $253,017 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
618
Multi-Family
39
Businesses
47
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Listed by: Gary Stubenfoll • BEAMAN REALTY
Mls Name: Mountain Home MLS
Mls ID: #131393
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. Information is deemed reliable but not guaranteed.