3 Penaranda LnHot SpringsAR71909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 at 3 Penaranda Ln, Hot Springs, AR, 71909 offers $1,662/mo rent that, after a $1,126/mo payment, leaves $279/mo cash flow. Total monthly income is $1,662/mo, and annual cash flow is $3,350/yr on $76,245 cash. Return on cash invested measures 24.3% in year one, and rental yield stands at 8.67% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 126.22% and total cumulative return in cash reaches $96,235. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,662/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah E Barnett • Taylor Realty Group HSV
Mls Name: CARMLS
Mls ID: #26002133