2988 Mimosa AveSpringdaleAR72762
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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 Springdale at 2988 Mimosa Ave, Springdale, AR, 72762 offers a 8.42% rental yield on a $242,000 purchase with $1,698/mo rent. Total monthly income registers $1,698/mo, and a $1,184/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,925/yr on $80,223 to close, and return on cash invested stands at 23.56% in year one. Equity gained on principal adds $1,562/yr while 5% annual appreciation supports $66,860 over five years. Portfolio math shows five-year ROI at 122.16% and total cumulative return in cash at $97,998. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,698/mo property income against a $1,184/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,562 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72762, Springdale, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,292 (100%) |
| Owner Occupied HU | 11,552 (63.2%) |
| Renter Occupied HU | 5,784 (31.6%) |
| Vacant Housing Units | 956 ( 5.2%) |
| Median Home Value | $358,929 |
| Average Home Value | $419,906 |
Housing Distribution
Address Breakdown
Residential
17,961
Single Family
16,454
Multi-Family
1,507
Businesses
1,168
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Listed by: The Incrementum Group • PAK Home Realty
Mls Name: ArkansasOne MLS
Mls Provider:
Mls ID: #1324263
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. Information is deemed reliable but not guaranteed.