245 Justin StElkinsAR72727
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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 Elkins at 245 Justin St, Elkins, AR, 72727 offers a 9.93% rental yield on a $289,900 purchase with $2,398/mo rent. Total monthly income registers $2,398/mo, and a $1,419/mo payment leaves $581/mo available for distribution. Annual cash flow reaches $6,975/yr on $96,102 to close, and return on cash invested stands at 27.17% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 141.91% and total cumulative return in cash at $136,377. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,398/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72727, Elkins, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,954 (100%) |
| Owner Occupied HU | 2,253 (76.3%) |
| Renter Occupied HU | 409 (13.8%) |
| Vacant Housing Units | 292 ( 9.9%) |
| Median Home Value | $246,921 |
| Average Home Value | $318,877 |
Housing Distribution
Address Breakdown
Residential
2,666
Single Family
2,666
Multi-Family
0
Businesses
97
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Listed by: Hiedi Shively • Coldwell Banker Harris McHaney & Faucette-Bentonvi
Mls Name: NABOR AR
Mls Provider:
Mls ID: #1301799
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.