308 Elaine AveCamdenAR71701
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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 Camden at 308 Elaine Ave, Camden, AR, 71701 offers $1,733/mo rent that, after a $1,224/mo payment, leaves $230/mo cash flow. Total monthly income is $1,733/mo, and annual cash flow is $2,758/yr on $82,872 cash. Return on cash invested measures 23.24% in year one, and rental yield stands at 8.32% at a $249,990 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,068 by year five. Five-year ROI records 120.45% and total cumulative return in cash reaches $99,823. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,733/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71701, Camden, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,133 (100%) |
| Owner Occupied HU | 5,102 (55.9%) |
| Renter Occupied HU | 2,674 (29.3%) |
| Vacant Housing Units | 1,357 (14.9%) |
| Median Home Value | $128,571 |
| Average Home Value | $238,540 |
Housing Distribution
Address Breakdown
Residential
8,250
Single Family
8,170
Multi-Family
80
Businesses
608
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