341 County Road 962Lake CityAR72437
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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
Total monthly income runs $1,144/mo, and a $978/mo payment. Purchase price stands at $199,900, and rental yield measures 6.87% with $1,144/mo rent. Return on cash invested shows 18.87% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 97.04% and total cumulative return in cash records $64,309. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,144/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72437, Lake City, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 1,063 (68.8%) |
| Renter Occupied HU | 373 (24.1%) |
| Vacant Housing Units | 109 ( 7.1%) |
| Median Home Value | $210,477 |
| Average Home Value | $233,921 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,229
Multi-Family
32
Businesses
63
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