340 Nix RdMount VernonAR72111
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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 Mount Vernon at 340 Nix Rd, Mount Vernon, AR, 72111 offers a 8.31% rental yield on a $380,000 purchase with $2,630/mo rent. Total monthly income registers $2,630/mo, and a $1,860/mo payment leaves $346/mo available for distribution. Annual cash flow reaches $4,148/yr on $125,970 to close, and return on cash invested stands at 23.2% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 120.27% and total cumulative return in cash at $151,501. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,630/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72111, Mount Vernon, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 544 (74.9%) |
| Renter Occupied HU | 92 (12.7%) |
| Vacant Housing Units | 90 (12.4%) |
| Median Home Value | $250,980 |
| Average Home Value | $352,624 |
Housing Distribution
Address Breakdown
Residential
581
Single Family
581
Multi-Family
0
Businesses
14
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Listed by: Wanda Goodrich • Century 21 Parker & Scroggins Realty - Conway
Mls Name: CARMLS
Mls ID: #25035878