35 Morgan DrAustinAR72007
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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
Rental property for sale in Austin at 35 Morgan Dr, Austin, AR, 72007 priced at $315,000 converts $1,900/mo rent into $6/mo cash flow after a $1,542/mo obligation. Total monthly income equals $1,900/mo, and annual cash flow totals $75/yr on $104,423 invested. Return on cash invested prints 19.98% in year one, and rental yield reads 7.24% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 103.02% and total cumulative return in cash sums $107,573. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,900/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72007, Austin, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,034 (100%) |
| Owner Occupied HU | 3,174 (78.7%) |
| Renter Occupied HU | 630 (15.6%) |
| Vacant Housing Units | 230 ( 5.7%) |
| Median Home Value | $246,267 |
| Average Home Value | $265,922 |
Housing Distribution
Address Breakdown
Residential
4,005
Single Family
4,005
Multi-Family
0
Businesses
85
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Listed by: Lindsey Simmons • Baxley-Penfield-Moudy Realtors
Mls Name: CARMLS
Mls Provider:
Mls ID: #25017400
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