304 Main StLetonaAR72085
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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 Letona at 304 Main St, Letona, AR, 72085 generates $1,344/mo in rent and, after a $685/mo payment, leaves $503/mo in cash flow. Total monthly income is $1,344/mo, and annual cash flow is $6,032/yr on $46,410 invested. Return on cash invested sits at 32.91% in year one, and rental yield is 11.52% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 172.33% and total cumulative return in cash sums $79,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,344/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72085, Letona, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29 (100%) |
| Owner Occupied HU | 19 (65.5%) |
| Renter Occupied HU | 8 (27.6%) |
| Vacant Housing Units | 2 ( 6.9%) |
| Median Home Value | $112,500 |
| Average Home Value | $135,395 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
2
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Listed by: Susan G Neaville • RE/MAX Advantage
Mls Name: CARMLS
Mls Provider:
Mls ID: #25022180
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.