2708 Mimosa DrNewportAR72112
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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 Newport at 2708 Mimosa Dr, Newport, AR, 72112 generates $1,595/mo in rent and, after a $1,076/mo payment, leaves $273/mo in cash flow. Total monthly income is $1,595/mo, and annual cash flow is $3,281/yr on $72,897 invested. Return on cash invested sits at 24.41% in year one, and rental yield is 8.7% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 126.78% and total cumulative return in cash sums $92,416. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,595/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72112, Newport, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,580 (100%) |
| Owner Occupied HU | 2,301 (50.2%) |
| Renter Occupied HU | 1,654 (36.1%) |
| Vacant Housing Units | 625 (13.6%) |
| Median Home Value | $102,868 |
| Average Home Value | $139,801 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,779
Multi-Family
187
Businesses
482
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