402 N Ferguson StHopeAR71801
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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 Hope at 402 N Ferguson St, Hope, AR, 71801 uses $43,062 cash to close to unlock $2,975/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $1,029/mo, and a $636/mo payment keeps the spread at $248/mo. Purchase price stands at $129,900, and rental yield measures 9.51% with $1,029/mo rent. Return on cash invested shows 26.82% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 139.66% and total cumulative return in cash records $60,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,029/mo property income covering a $636/mo payment rather than investor’s personal income.
Townhouse
Built in 2008
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71801, Hope, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,957 (100%) |
| Owner Occupied HU | 3,690 (53.0%) |
| Renter Occupied HU | 2,133 (30.7%) |
| Vacant Housing Units | 1,134 (16.3%) |
| Median Home Value | $137,800 |
| Average Home Value | $168,683 |
Housing Distribution
Address Breakdown
Residential
6,662
Single Family
6,623
Multi-Family
39
Businesses
470
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Listed by: Jason Edington • Keller Williams Realty Hot Springs
Mls Name: CARMLS
Mls Provider:
Mls ID: #24024483
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.