2617 Shipps DrNorforkAR72658
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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 Norfork at 2617 Shipps Dr, Norfork, AR, 72658 earns from $2,254/mo rent with a $2,349/mo payment. Total monthly income totals $2,254/mo. ROI tracks 15.15% on current figures, and rental yield reads 5.64% at a $479,900 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 over five years. Five-year ROI reaches 77.12% and total cumulative return in cash sums $122,685. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,254/mo property income instead of your personal income.
Single Family
Built in 2010
7.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72658, Norfork, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,041 (100%) |
| Owner Occupied HU | 664 (63.8%) |
| Renter Occupied HU | 129 (12.4%) |
| Vacant Housing Units | 248 (23.8%) |
| Median Home Value | $223,894 |
| Average Home Value | $300,267 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
719
Multi-Family
25
Businesses
35
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