429 Caddo AveNormanAR71960
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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 Norman at 429 Caddo Ave, Norman, AR, 71960 priced at $220,000 pairs $780/mo rent with after a $1,077/mo payment. Total monthly income equals $780/mo. Return on cash invested is 10.98% in year one, and rental yield stands at 4.25% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 54.77% and total cumulative return in cash reaches $39,947. For financing, Ziffy Mortgage’s DSCR program evaluates $780/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71960, Norman, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 426 (62.1%) |
| Renter Occupied HU | 98 (14.3%) |
| Vacant Housing Units | 162 (23.6%) |
| Median Home Value | $130,645 |
| Average Home Value | $184,020 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
26
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Listed by: Loren Pierce • Keller Williams Realty LR Branch
Mls Name: CARMLS
Mls Provider:
Mls ID: #25014636
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