242 Snead DrFairfield BayAR72088
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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 Fairfield Bay at 242 Snead Dr, Fairfield Bay, AR, 72088 offers $2,636/mo rent that, after a $1,566/mo payment, leaves $713/mo cash flow. Total monthly income is $2,636/mo, and annual cash flow is $8,552/yr on $106,080 cash. Return on cash invested measures 27.97% in year one, and rental yield stands at 9.88% at a $320,000 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,410 by year five. Five-year ROI records 145.85% and total cumulative return in cash reaches $154,719. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,636/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72088, Fairfield Bay, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,997 (100%) |
| Owner Occupied HU | 1,047 (52.4%) |
| Renter Occupied HU | 196 ( 9.8%) |
| Vacant Housing Units | 754 (37.8%) |
| Median Home Value | $156,010 |
| Average Home Value | $207,782 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,396
Multi-Family
58
Businesses
86
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Listed by: Susan R Hyman • Landry Greers Ferry Lake Realty
Mls Name: CARMLS
Mls ID: #25030562