404 Elm StLake CityAR72437
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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 Lake City at 404 Elm St, Lake City, AR, 72437 priced at $134,900 converts $1,031/mo rent into $220/mo cash flow after a $660/mo obligation. Total monthly income equals $1,031/mo, and annual cash flow totals $2,644/yr on $44,719 invested. Return on cash invested prints 25.82% in year one, and rental yield reads 9.17% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 134.37% and total cumulative return in cash sums $60,089. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,031/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72437, Lake City, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 1,063 (68.8%) |
| Renter Occupied HU | 373 (24.1%) |
| Vacant Housing Units | 109 ( 7.1%) |
| Median Home Value | $210,477 |
| Average Home Value | $233,921 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,229
Multi-Family
32
Businesses
63
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