2817 Highway 8 WNormanAR71960
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
Investment Highlights
Rental property for sale in Norman at 2817 Highway 8 W, Norman, AR, 71960 generates $780/mo in rent, after a $3,230/mo payment. Total monthly income is $780/mo. Return on cash invested sits at 2.45% in year one, and rental yield is 1.42% on a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation builds toward $182,346 over five years. Five-year ROI reaches 8.93% and total cumulative return in cash sums $19,389. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $780/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71960, Norman, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 426 (62.1%) |
| Renter Occupied HU | 98 (14.3%) |
| Vacant Housing Units | 162 (23.6%) |
| Median Home Value | $130,645 |
| Average Home Value | $184,020 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Browning • Trademark Real Estate, Inc.
Mls Name: CARMLS
Mls Provider:
Mls ID: #25014242
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.