400 N 32nd StWest MemphisAR72301
INVESTMENT ANALYSIS
Investment Verdict
Solid Income400 N 32nd St, West Memphis, AR, 72301 in West Memphis is a solid income-producing rental, 9.59% gross yield, $1,310/mo rent, $325/mo net cash flow on a $164,000 buy. DSCR 1.78 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $45,310 and $1,510/yr in principal reduction project a total cumulative return of $82,941.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.0% |
| Monthly Cash Flow | $325 | $300 |
City averages based on West Memphis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,310 |
| Total Monthly Debt Service | $921 |
| DSCR Ratio | 1.42x |
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72301, West Memphis, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 4,340 (39.6%) |
| Renter Occupied HU | 5,326 (48.6%) |
| Vacant Housing Units | 1,297 (11.8%) |
| Median Home Value | $138,388 |
| Average Home Value | $160,679 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
8,952
Multi-Family
784
Businesses
1,073
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72301, West Memphis, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 4,340 (39.6%) |
| Renter Occupied HU | 5,326 (48.6%) |
| Vacant Housing Units | 1,297 (11.8%) |
| Median Home Value | $138,388 |
| Average Home Value | $160,679 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
8,952
Multi-Family
784
Businesses
1,073
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Capps • Post House Properties
Mls Name: Eastern Arkansas Realtors Association
Mls ID: #44129