3 Cove DrMaumelleAR72113
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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 Maumelle at 3 Cove Dr, Maumelle, AR, 72113 offers $2,350/mo rent that, after a $2,105/mo payment. Total monthly income is $2,350/mo. Return on cash invested measures 17.93% in year one, and rental yield stands at 6.56% at a $430,000 entry. Equity gained on principal adds $2,775/yr while 5% annual appreciation compounds into $118,801 by year five. Five-year ROI records 91.98% and total cumulative return in cash reaches $131,115. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,350/mo property income versus a $2,105/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72113, Maumelle, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,412 (100%) |
| Owner Occupied HU | 6,909 (55.7%) |
| Renter Occupied HU | 4,812 (38.8%) |
| Vacant Housing Units | 691 ( 5.6%) |
| Median Home Value | $297,719 |
| Average Home Value | $313,317 |
Housing Distribution
Address Breakdown
Residential
12,595
Single Family
9,876
Multi-Family
2,719
Businesses
959
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Listed by: Kyndle Daniels • IRealty Arkansas - Sherwood
Mls Name: CARMLS
Mls Provider:
Mls ID: #25018689
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.