3612 Northlake RdAlexanderAR72002
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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
Investment property for sale in Alexander at 3612 Northlake Rd, Alexander, AR, 72002 uses $46,410 cash to close to unlock $2,552/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $1,054/mo, and a $685/mo payment keeps the spread at $213/mo. Purchase price stands at $140,000, and rental yield measures 9.03% with $1,054/mo rent. Return on cash invested shows 25.41% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 132.12% and total cumulative return in cash records $61,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,054/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72002, Alexander, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,643 (100%) |
| Owner Occupied HU | 6,573 (76.0%) |
| Renter Occupied HU | 1,441 (16.7%) |
| Vacant Housing Units | 629 ( 7.3%) |
| Median Home Value | $248,017 |
| Average Home Value | $316,608 |
Housing Distribution
Address Breakdown
Residential
8,170
Single Family
8,091
Multi-Family
79
Businesses
230
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