3323 Booneville Lake WayGreenwoodAR72936
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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
Rental property for sale in Greenwood at 3323 Booneville Lake Way, Greenwood, AR, 72936 priced at $949,500 converts $3,325/mo rent into after a $4,647/mo obligation. Total monthly income equals $3,325/mo. Return on cash invested prints 10.91% in year one, and rental yield reads 4.2% against a $949,500 entry. Equity gained on principal adds $6,127/yr, while 5% annual appreciation compiles into $262,329 by year five. Five-year ROI reaches 54.31% and total cumulative return in cash sums $169,645. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,325/mo property income covering a $4,647/mo payment, not borrower’s personal income.
Single Family
Built in 2007
37.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72936, Greenwood, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,093 (100%) |
| Owner Occupied HU | 4,431 (72.7%) |
| Renter Occupied HU | 1,295 (21.3%) |
| Vacant Housing Units | 367 ( 6.0%) |
| Median Home Value | $234,255 |
| Average Home Value | $262,427 |
Housing Distribution
Address Breakdown
Residential
5,610
Single Family
5,514
Multi-Family
96
Businesses
407
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Listed by: Chris Hacker • Mossy Oak Properties Field, Farm, & Homes
Mls Name: Western River Valley BOR
Mls ID: #1079596
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.