343 W 13th StNewarkAR72562
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 Newark at 343 W 13th St, Newark, AR, 72562 offers a 12.25% rental yield on a $141,000 purchase with $1,439/mo rent. Total monthly income registers $1,439/mo, and a $690/mo payment leaves $592/mo available for distribution. Annual cash flow reaches $7,099/yr on $46,742 to close, and return on cash invested stands at 35.1% in year one. Equity gained on principal adds $910/yr while 5% annual appreciation supports $38,956 over five years. Portfolio math shows five-year ROI at 184.05% and total cumulative return in cash at $86,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,439/mo property income against a $690/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72562, Newark, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 668 (66.1%) |
| Renter Occupied HU | 233 (23.0%) |
| Vacant Housing Units | 110 (10.9%) |
| Median Home Value | $192,308 |
| Average Home Value | $217,103 |
Housing Distribution
Address Breakdown
Residential
864
Single Family
845
Multi-Family
19
Businesses
34
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Nearby investment properties with comparable prices
Listed by: Seth Davis • Habitat Land Company
Mls Name: CARMLS
Mls Provider:
Mls ID: #25027403
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