3 Conejo LnHot Springs VillageAR71909
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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 Hot Springs Village at 3 Conejo Ln, Hot Springs Village, AR, 71909 priced at $249,500 converts $2,213/mo rent into $713/mo cash flow after a $1,221/mo obligation. Total monthly income equals $2,213/mo, and annual cash flow totals $8,561/yr on $82,709 invested. Return on cash invested prints 30.26% in year one, and rental yield reads 10.64% against a $249,500 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation compiles into $68,932 by year five. Five-year ROI reaches 158.14% and total cumulative return in cash sums $130,797. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,213/mo property income covering a $1,221/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71909, Hot Springs Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,653 (100%) |
| Owner Occupied HU | 8,230 (77.3%) |
| Renter Occupied HU | 1,134 (10.6%) |
| Vacant Housing Units | 1,289 (12.1%) |
| Median Home Value | $288,567 |
| Average Home Value | $337,292 |
Housing Distribution
Address Breakdown
Residential
10,339
Single Family
10,236
Multi-Family
103
Businesses
319
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Listed by: Chuck Luther • RE/MAX of Hot Springs Village
Mls Name: CARMLS
Mls ID: #25021629