408 S Wright StSiloam SpringsAR72761
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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 Siloam Springs at 408 S Wright St, Siloam Springs, AR, 72761 generates $2,399/mo in rent and, after a $1,708/mo payment, leaves $301/mo in cash flow. Total monthly income is $2,399/mo, and annual cash flow is $3,615/yr on $115,694 invested. Return on cash invested sits at 23.03% in year one, and rental yield is 8.25% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 119.39% and total cumulative return in cash sums $138,132. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,399/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72761, Siloam Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,021 (100%) |
| Owner Occupied HU | 5,952 (59.4%) |
| Renter Occupied HU | 3,437 (34.3%) |
| Vacant Housing Units | 632 ( 6.3%) |
| Median Home Value | $298,425 |
| Average Home Value | $423,917 |
Housing Distribution
Address Breakdown
Residential
9,752
Single Family
9,366
Multi-Family
386
Businesses
928
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Listed by: Jennifer Welch • Crye-Leike REALTORS, Gentry
Mls Name: ArkansasOne MLS
Mls ID: #1329836