38 1st StNorforkAR72658
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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 Norfork at 38 1st St, Norfork, AR, 72658 priced at $100,000 converts $783/mo rent into $182/mo cash flow after a $489/mo obligation. Total monthly income equals $783/mo, and annual cash flow totals $2,188/yr on $33,150 invested. Return on cash invested prints 26.51% in year one, and rental yield reads 9.4% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 138.11% and total cumulative return in cash sums $45,784. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $783/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72658, Norfork, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,041 (100%) |
| Owner Occupied HU | 664 (63.8%) |
| Renter Occupied HU | 129 (12.4%) |
| Vacant Housing Units | 248 (23.8%) |
| Median Home Value | $223,894 |
| Average Home Value | $300,267 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
719
Multi-Family
25
Businesses
35
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