31 Farris LndgQuitmanAR72131
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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 Quitman at 31 Farris Lndg, Quitman, AR, 72131 earns from $2,507/mo rent with a $3,891/mo payment. Total monthly income totals $2,507/mo. ROI tracks 9.64% on current figures, and rental yield reads 3.78% at a $795,000 purchase. Equity gained on principal adds $5,130/yr, and 5% annual appreciation supports $219,644 over five years. Five-year ROI reaches 47.51% and total cumulative return in cash sums $124,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,507/mo property income instead of your personal income.
Single Family
Built in 2023
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72131, Quitman, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,563 (100%) |
| Owner Occupied HU | 1,666 (65.0%) |
| Renter Occupied HU | 378 (14.7%) |
| Vacant Housing Units | 519 (20.2%) |
| Median Home Value | $240,625 |
| Average Home Value | $300,824 |
Housing Distribution
Address Breakdown
Residential
2,094
Single Family
2,094
Multi-Family
0
Businesses
103
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Listed by: Jeffrey Curry-Ledbetter • Charlotte John Company (Little Rock)
Mls Name: CARMLS
Mls Provider:
Mls ID: #25011412
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.