3123 Hickory StTexarkanaAR71854
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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 Texarkana at 3123 Hickory St, Texarkana, AR, 71854 offers a 11.8% rental yield on a $185,100 purchase with $1,820/mo rent. Total monthly income registers $1,820/mo, and a $906/mo payment leaves $707/mo available for distribution. Annual cash flow reaches $8,488/yr on $61,361 to close, and return on cash invested stands at 33.74% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,140 over five years. Portfolio math shows five-year ROI at 176.85% and total cumulative return in cash at $108,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,820/mo property income against a $906/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71854, Texarkana, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,673 (100%) |
| Owner Occupied HU | 8,517 (51.1%) |
| Renter Occupied HU | 5,820 (34.9%) |
| Vacant Housing Units | 2,336 (14.0%) |
| Median Home Value | $186,158 |
| Average Home Value | $207,121 |
Housing Distribution
Address Breakdown
Residential
16,309
Single Family
14,590
Multi-Family
1,719
Businesses
1,075
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