2830 Driftwood StConwayAR72034
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 Conway at 2830 Driftwood St, Conway, AR, 72034 priced at $384,000 converts $2,820/mo rent into $504/mo cash flow after a $1,879/mo obligation. Total monthly income equals $2,820/mo, and annual cash flow totals $6,046/yr on $127,296 invested. Return on cash invested prints 24.66% in year one, and rental yield reads 8.81% against a $384,000 entry. Equity gained on principal adds $2,478/yr, while 5% annual appreciation compiles into $106,092 by year five. Five-year ROI reaches 128.11% and total cumulative return in cash sums $163,076. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,820/mo property income covering a $1,879/mo payment, not borrower’s personal income.
Single Family
Built in 2009
10,018 sqft lot
$N/A/sqft
$100 annually 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
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Listed by: Cindy Drye • Crye-Leike REALTORS Conway
Mls Name: CARMLS
Mls Provider:
Mls ID: #25017936
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.