3302 Highway 29 SHopeAR71801
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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 Hope at 3302 Highway 29 S, Hope, AR, 71801 listed at $110,000 pairs $873/mo rent with a $538/mo payment to leave $212/mo cash flow. Total monthly income runs $873/mo, and annual cash flow reaches $2,546/yr on $36,465 cash to close. Return on cash invested measures 26.89% in year one, and rental yield registers 9.52% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 140.19% and total cumulative return in cash totals $51,120. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $873/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71801, Hope, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,957 (100%) |
| Owner Occupied HU | 3,690 (53.0%) |
| Renter Occupied HU | 2,133 (30.7%) |
| Vacant Housing Units | 1,134 (16.3%) |
| Median Home Value | $137,800 |
| Average Home Value | $168,683 |
Housing Distribution
Address Breakdown
Residential
6,662
Single Family
6,623
Multi-Family
39
Businesses
470
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Listed by: Jackie Crider • Walker Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25011573
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