306 E 19th StHopeAR71801
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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
Investment property for sale in Hope at 306 E 19th St, Hope, AR, 71801 uses $82,875 cash to close to unlock $13,978/yr annual cash flow and $1,165/mo monthly cash flow. Total monthly income runs $2,668/mo, and a $1,224/mo payment keeps the spread at $1,165/mo. Purchase price stands at $250,000, and rental yield measures 12.81% with $2,668/mo rent. Return on cash invested shows 36.78% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 193.05% and total cumulative return in cash records $159,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,668/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71801, Hope, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,957 (100%) |
| Owner Occupied HU | 3,690 (53.0%) |
| Renter Occupied HU | 2,133 (30.7%) |
| Vacant Housing Units | 1,134 (16.3%) |
| Median Home Value | $137,800 |
| Average Home Value | $168,683 |
Housing Distribution
Address Breakdown
Residential
6,662
Single Family
6,623
Multi-Family
39
Businesses
470
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Listed by: Lindsey Townsend • Lance & Associates Real Estate
Mls Name: CARMLS
Mls Provider:
Mls ID: #24016704
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.