317 Prospect StNewportAR72112
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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 Newport at 317 Prospect St, Newport, AR, 72112 uses $39,747 cash to close to unlock $3,313/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $997/mo, and a $587/mo payment keeps the spread at $276/mo. Purchase price stands at $119,900, and rental yield measures 9.98% with $997/mo rent. Return on cash invested shows 28.25% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 147.42% and total cumulative return in cash records $58,596. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $997/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72112, Newport, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,580 (100%) |
| Owner Occupied HU | 2,301 (50.2%) |
| Renter Occupied HU | 1,654 (36.1%) |
| Vacant Housing Units | 625 (13.6%) |
| Median Home Value | $102,868 |
| Average Home Value | $139,801 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,779
Multi-Family
187
Businesses
482
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