2577 Highway 62 ESalemAR72576
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
Investment Highlights
Total monthly income runs $977/mo, and a $905/mo payment. Purchase price stands at $185,000, and rental yield measures 6.34% with $977/mo rent. Return on cash invested shows 17.28% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 88.53% and total cumulative return in cash records $54,291. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $977/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1974
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72576, Salem, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,169 (63.7%) |
| Renter Occupied HU | 421 (23.0%) |
| Vacant Housing Units | 244 (13.3%) |
| Median Home Value | $124,265 |
| Average Home Value | $196,052 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,322
Multi-Family
26
Businesses
153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices