343 W 13th StNewarkAR72562
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 343 W 13th St, Newark, AR, 72562 in Newark speaks for itself: 12.25% gross on a $141,000 price, generating $1,439/mo in rent and $591/mo in net income after the $634/mo debt service. DSCR 2.27, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,095 stacks alongside $38,956 in projected five-year appreciation and $1,299/yr in principal reduction. Projected total cumulative return: $91,421.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 7.0% |
| Monthly Cash Flow | $591 | $250 |
City averages based on Newark market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,439 |
| Total Monthly Debt Service | $791 |
| DSCR Ratio | 1.82x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seth Davis • Habitat Land Company
Mls Name: CARMLS
Mls Provider:
Mls ID: #25027403
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.