28 Narragansett PlSherwoodAR72120
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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 Sherwood at 28 Narragansett Pl, Sherwood, AR, 72120 uses $53,007 cash to close to unlock $2,865/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,215/mo, and a $783/mo payment keeps the spread at $239/mo. Purchase price stands at $159,900, and rental yield measures 9.12% with $1,215/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 131.75% and total cumulative return in cash records $69,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,215/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72120, Sherwood, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,991 (100%) |
| Owner Occupied HU | 10,941 (68.4%) |
| Renter Occupied HU | 4,048 (25.3%) |
| Vacant Housing Units | 1,002 ( 6.3%) |
| Median Home Value | $259,734 |
| Average Home Value | $284,022 |
Housing Distribution
Address Breakdown
Residential
15,780
Single Family
14,145
Multi-Family
1,635
Businesses
718
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Listed by: Susan Vaught • RE/MAX Homefinders
Mls Name: CARMLS
Mls Provider:
Mls ID: #25019790
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