343 Highway 124 WDamascusAR72039
Nearby investment properties with comparable rents
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
Investment property for sale in Damascus at 343 Highway 124 W, Damascus, AR, 72039 offers a 7.37% rental yield on a $330,000 purchase with $2,028/mo rent. Total monthly income registers $2,028/mo, and a $1,615/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $534/yr on $109,395 to close, and return on cash invested stands at 20.4% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 105.23% and total cumulative return in cash at $115,115. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,028/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72039, Damascus, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 967 (100%) |
| Owner Occupied HU | 686 (70.9%) |
| Renter Occupied HU | 155 (16.0%) |
| Vacant Housing Units | 126 (13.0%) |
| Median Home Value | $236,667 |
| Average Home Value | $284,719 |
Housing Distribution
Address Breakdown
Residential
948
Single Family
948
Multi-Family
0
Businesses
84
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Nearby investment properties with comparable prices
Listed by: Kimberly Sutterfield • Homeward Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25024411
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