29 W Lakeshore DrCherokee VillageAR72529
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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 Cherokee Village at 29 W Lakeshore Dr, Cherokee Village, AR, 72529 priced at $189,900 converts $1,493/mo rent into $352/mo cash flow after a $929/mo obligation. Total monthly income equals $1,493/mo, and annual cash flow totals $4,223/yr on $62,952 invested. Return on cash invested prints 26.62% in year one, and rental yield reads 9.43% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 138.55% and total cumulative return in cash sums $87,221. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,493/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72529, Cherokee Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,031 (100%) |
| Owner Occupied HU | 1,818 (60.0%) |
| Renter Occupied HU | 459 (15.1%) |
| Vacant Housing Units | 754 (24.9%) |
| Median Home Value | $109,713 |
| Average Home Value | $152,625 |
Housing Distribution
Address Breakdown
Residential
2,465
Single Family
2,465
Multi-Family
0
Businesses
40
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Listed by: Burdetta Pendergrass • United Country Cotham & Co.
Mls Name: CARMLS
Mls ID: #25040028