270 Lake Hamilton Dr APT A3Hot Springs National ParkAR71913
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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 Hot Springs National Park at 270 Lake Hamilton Dr APT A3, Hot Springs National Park, AR, 71913 priced at $244,500 converts $1,246/mo rent into after a $1,197/mo obligation. Total monthly income equals $1,246/mo. Return on cash invested prints 13.26% in year one, and rental yield reads 6.12% against a $244,500 entry. Equity gained on principal adds $1,578/yr, while 5% annual appreciation compiles into $67,551 by year five. Five-year ROI reaches 68.16% and total cumulative return in cash sums $55,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,246/mo property income covering a $1,197/mo payment, not borrower’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71913, Hot Springs National Park, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,176 (100%) |
| Owner Occupied HU | 13,504 (51.6%) |
| Renter Occupied HU | 7,431 (28.4%) |
| Vacant Housing Units | 5,241 (20.0%) |
| Median Home Value | $247,974 |
| Average Home Value | $325,048 |
Housing Distribution
Address Breakdown
Residential
23,925
Single Family
21,402
Multi-Family
2,523
Businesses
1,770
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Listed by: Ivy Wood • Hot Springs 1st Choice Realty
Mls Name: HSDS
Mls Provider:
Mls ID: #150435
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.