342 Lightning Ridge RdEureka SpringsAR72632
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Nearby investment properties with comparable prices
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 Eureka Springs at 342 Lightning Ridge Rd, Eureka Springs, AR, 72632 offers $866/mo rent that, after a $563/mo payment, leaves $175/mo cash flow. Total monthly income is $866/mo, and annual cash flow is $2,095/yr on $38,123 cash. Return on cash invested measures 25.4% in year one, and rental yield stands at 9.04% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 132.14% and total cumulative return in cash reaches $50,373. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $866/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
6.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72632, Eureka Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,993 (100%) |
| Owner Occupied HU | 1,657 (55.4%) |
| Renter Occupied HU | 774 (25.9%) |
| Vacant Housing Units | 562 (18.8%) |
| Median Home Value | $280,258 |
| Average Home Value | $346,352 |
Housing Distribution
Address Breakdown
Residential
2,540
Single Family
2,483
Multi-Family
57
Businesses
531
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Listed by: Karen Kinsel • Century 21 Woodland Real Estate Beaver Lake
Mls Name: ArkansasOne MLS
Mls ID: #1330197