316 Hazel StHot SpringsAR71901
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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 Hot Springs at 316 Hazel St, Hot Springs, AR, 71901 offers $1,330/mo rent that, after a $2,687/mo payment. Total monthly income is $1,330/mo. Return on cash invested measures 6.97% in year one, and rental yield stands at 2.91% at a $549,000 entry. Equity gained on principal adds $3,543/yr while 5% annual appreciation compounds into $151,679 by year five. Five-year ROI records 33.2% and total cumulative return in cash reaches $59,960. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,330/mo property income versus a $2,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71901, Hot Springs National Park, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,428 (100%) |
| Owner Occupied HU | 7,567 (52.4%) |
| Renter Occupied HU | 4,775 (33.1%) |
| Vacant Housing Units | 2,086 (14.5%) |
| Median Home Value | $242,632 |
| Average Home Value | $287,903 |
Housing Distribution
Address Breakdown
Residential
13,667
Single Family
12,228
Multi-Family
1,439
Businesses
1,419
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Listed by: David Miller • Progressive REALTORS, Inc.
Mls Name: CARMLS
Mls Provider:
Mls ID: #24025235
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.