28 Morningside DrConwayAR72034
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Conway rentals match the income profile of 28 Morningside Dr, Conway, AR, 72034. Listed at $239,500, gross rent is $1,494/mo and net cash flow is $582/mo, a 10.13% yield well above national averages. DSCR 1.39 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $66,169 by year five with $2,206/yr in annual principal reduction, projecting $94,126 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 8.2% |
| Monthly Cash Flow | $582 | $450 |
City averages based on Conway market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,494 |
| Total Monthly Debt Service | $1,344 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72034, Conway, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,911 (100%) |
| Owner Occupied HU | 11,063 (48.3%) |
| Renter Occupied HU | 10,164 (44.4%) |
| Vacant Housing Units | 1,684 ( 7.4%) |
| Median Home Value | $279,278 |
| Average Home Value | $335,421 |
Housing Distribution
Address Breakdown
Residential
22,326
Single Family
17,950
Multi-Family
4,376
Businesses
1,066
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
Single Family
Built in 1983
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72034, Conway, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,911 (100%) |
| Owner Occupied HU | 11,063 (48.3%) |
| Renter Occupied HU | 10,164 (44.4%) |
| Vacant Housing Units | 1,684 ( 7.4%) |
| Median Home Value | $279,278 |
| Average Home Value | $335,421 |
Housing Distribution
Address Breakdown
Residential
22,326
Single Family
17,950
Multi-Family
4,376
Businesses
1,066
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Howard • CBRPM Russellville
Mls Name: CARMLS
Mls Provider:
Mls ID: #25015520
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.