356 N Park AveLockesburgAR71846
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 356 N Park Ave, Lockesburg, AR, 71846 in Lockesburg is a conservative rental investment at $219,000. Rental yield 7.03%. A 1.30 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $60,506; $2,017/yr in principal paydown supplements. Total projected return: $80,722.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 9.0% |
| Monthly Cash Flow | $(34) | $200 |
City averages based on Lockesburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,283 |
| Total Monthly Debt Service | $1,229 |
| DSCR Ratio | 1.04x |
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 1985
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71846, Lockesburg, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,246 (100%) |
| Owner Occupied HU | 804 (64.5%) |
| Renter Occupied HU | 210 (16.9%) |
| Vacant Housing Units | 232 (18.6%) |
| Median Home Value | $140,667 |
| Average Home Value | $164,817 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,007
Multi-Family
0
Businesses
55
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 1985
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71846, Lockesburg, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,246 (100%) |
| Owner Occupied HU | 804 (64.5%) |
| Renter Occupied HU | 210 (16.9%) |
| Vacant Housing Units | 232 (18.6%) |
| Median Home Value | $140,667 |
| Average Home Value | $164,817 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,007
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Freda J Arndt • Hale Real Estate Sales
Mls Name: CARMLS
Mls Provider:
Mls ID: #24011121
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.