3 Grassy Lake RdMayflowerAR72106
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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 Mayflower at 3 Grassy Lake Rd, Mayflower, AR, 72106 priced at $217,000 converts $1,560/mo rent into $256/mo cash flow after a $1,062/mo obligation. Total monthly income equals $1,560/mo, and annual cash flow totals $3,068/yr on $71,936 invested. Return on cash invested prints 24.17% in year one, and rental yield reads 8.63% against a $217,000 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation compiles into $59,953 by year five. Five-year ROI reaches 125.5% and total cumulative return in cash sums $90,281. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $1,062/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72106, Mayflower, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,450 (100%) |
| Owner Occupied HU | 1,667 (68.0%) |
| Renter Occupied HU | 496 (20.2%) |
| Vacant Housing Units | 287 (11.7%) |
| Median Home Value | $256,807 |
| Average Home Value | $328,445 |
Housing Distribution
Address Breakdown
Residential
2,262
Single Family
2,223
Multi-Family
39
Businesses
155
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