318 W Church StSalemAR72576
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 318 W Church St, Salem, AR, 72576 in Salem is listed at $125,000 and delivers $1,157/mo in rent and $405/mo in net monthly cash flow. The 11.11% yield and 2.06 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $34,535 over five years, and $1,151/yr in principal reduction supplements cash return. Total projected cumulative return: $73,435.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 10.0% |
| Monthly Cash Flow | $405 | $1,200 |
City averages based on Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,157 |
| Total Monthly Debt Service | $702 |
| DSCR Ratio | 1.65x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2010
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72576, Salem, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,169 (63.7%) |
| Renter Occupied HU | 421 (23.0%) |
| Vacant Housing Units | 244 (13.3%) |
| Median Home Value | $124,265 |
| Average Home Value | $196,052 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,322
Multi-Family
26
Businesses
153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2010
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72576, Salem, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,169 (63.7%) |
| Renter Occupied HU | 421 (23.0%) |
| Vacant Housing Units | 244 (13.3%) |
| Median Home Value | $124,265 |
| Average Home Value | $196,052 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,322
Multi-Family
26
Businesses
153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices