3720 McConnell DrConwayAR72034
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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 Conway at 3720 McConnell Dr, Conway, AR, 72034 uses $116,025 cash to close to unlock $1,805/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $2,290/mo, and a $1,713/mo payment keeps the spread at $150/mo. Purchase price stands at $350,000, and rental yield measures 7.85% with $2,290/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 111.1% and total cumulative return in cash records $128,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,290/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.29 Acres lot
$N/A/sqft
$75 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72034, Conway, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,911 (100%) |
| Owner Occupied HU | 11,063 (48.3%) |
| Renter Occupied HU | 10,164 (44.4%) |
| Vacant Housing Units | 1,684 ( 7.4%) |
| Median Home Value | $279,278 |
| Average Home Value | $335,421 |
Housing Distribution
Address Breakdown
Residential
22,326
Single Family
17,950
Multi-Family
4,376
Businesses
1,066
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Listed by: Evelyn Dean • RE/MAX Elite Conway Branch
Mls Name: CARMLS
Mls Provider:
Mls ID: #25020788
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.