307 E Center StMorriltonAR72110
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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 Morrilton at 307 E Center St, Morrilton, AR, 72110 uses $56,355 cash to close to unlock $1,970/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,186/mo, and a $832/mo payment keeps the spread at $164/mo. Purchase price stands at $170,000, and rental yield measures 8.37% with $1,186/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 121.43% and total cumulative return in cash records $68,433. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,186/mo property income covering a $832/mo payment rather than investor’s personal income.
Multi Family
Built in 2004
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72110, Morrilton, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,486 (100%) |
| Owner Occupied HU | 3,190 (58.1%) |
| Renter Occupied HU | 1,637 (29.8%) |
| Vacant Housing Units | 659 (12.0%) |
| Median Home Value | $164,522 |
| Average Home Value | $198,505 |
Housing Distribution
Address Breakdown
Residential
4,966
Single Family
4,828
Multi-Family
138
Businesses
616
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