3613 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
Rental property for sale in Alexander at 3613 Northlake Rd, Alexander, AR, 72002 priced at $269,900 converts $1,730/mo rent into $108/mo cash flow after a $1,321/mo obligation. Total monthly income equals $1,730/mo, and annual cash flow totals $1,291/yr on $89,472 invested. Return on cash invested prints 21.35% in year one, and rental yield reads 7.69% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 110.36% and total cumulative return in cash sums $98,742. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,730/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1985
2 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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Listed by: Lana Clifton • Keller Williams Realty LR Branch
Mls Name: CARMLS
Mls Provider:
Mls ID: #25012921
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