3202 Highway 242 WLexaAR72355
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3202 Highway 242 W, Lexa, AR, 72355 in Lexa deserves attention. This $604,100 property earns $6,425/mo in rent, a 12.76% gross yield, and nets $2,631/mo after the $2,716/mo payment. DSCR 2.37 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $166,902 compounds alongside $5,564/yr in yearly equity build, for a total cumulative return of $398,651.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 8.5% |
| Monthly Cash Flow | $2,631 | $1,200 |
City averages based on Lexa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,425 |
| Total Monthly Debt Service | $3,554 |
| DSCR Ratio | 1.81x |
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.
Single Family
Built in 2009
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72355, Lexa, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,033 (100%) |
| Owner Occupied HU | 657 (63.6%) |
| Renter Occupied HU | 225 (21.8%) |
| Vacant Housing Units | 151 (14.6%) |
| Median Home Value | $151,607 |
| Average Home Value | $163,212 |
Housing Distribution
Address Breakdown
Residential
1,045
Single Family
1,045
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Single Family
Built in 2009
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72355, Lexa, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,033 (100%) |
| Owner Occupied HU | 657 (63.6%) |
| Renter Occupied HU | 225 (21.8%) |
| Vacant Housing Units | 151 (14.6%) |
| Median Home Value | $151,607 |
| Average Home Value | $163,212 |
Housing Distribution
Address Breakdown
Residential
1,045
Single Family
1,045
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.