340 Griffin RdHardyAR72542
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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 Hardy at 340 Griffin Rd, Hardy, AR, 72542 priced at $127,500 converts $983/mo rent into $217/mo cash flow after a $624/mo obligation. Total monthly income equals $983/mo, and annual cash flow totals $2,600/yr on $42,266 invested. Return on cash invested prints 26.06% in year one, and rental yield reads 9.25% against a $127,500 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation compiles into $35,226 by year five. Five-year ROI reaches 135.62% and total cumulative return in cash sums $57,322. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $983/mo property income covering a $624/mo payment, not borrower’s personal income.
Single Family
Built in N/A
2.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72542, Hardy, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,437 (100%) |
| Owner Occupied HU | 1,346 (55.2%) |
| Renter Occupied HU | 382 (15.7%) |
| Vacant Housing Units | 709 (29.1%) |
| Median Home Value | $149,390 |
| Average Home Value | $187,678 |
Housing Distribution
Address Breakdown
Residential
1,870
Single Family
1,825
Multi-Family
45
Businesses
269
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