320 Michigan StDelightAR71940
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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 Delight at 320 Michigan St, Delight, AR, 71940 offers a 9.2% rental yield on a $126,500 purchase with $970/mo rent. Total monthly income registers $970/mo, and a $619/mo payment leaves $210/mo available for distribution. Annual cash flow reaches $2,517/yr on $41,935 to close, and return on cash invested stands at 25.91% in year one. Equity gained on principal adds $816/yr while 5% annual appreciation supports $34,950 over five years. Portfolio math shows five-year ROI at 134.8% and total cumulative return in cash at $56,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $970/mo property income against a $619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71940, Delight, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 819 (100%) |
| Owner Occupied HU | 559 (68.3%) |
| Renter Occupied HU | 127 (15.5%) |
| Vacant Housing Units | 133 (16.2%) |
| Median Home Value | $90,882 |
| Average Home Value | $118,247 |
Housing Distribution
Address Breakdown
Residential
678
Single Family
678
Multi-Family
0
Businesses
31
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