43 Spokane StFarmingtonAR72730
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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 Farmington at 43 Spokane St, Farmington, AR, 72730 priced at $285,000 converts $1,601/mo rent into after a $1,395/mo obligation. Total monthly income equals $1,601/mo. Return on cash invested prints 18.48% in year one, and rental yield reads 6.74% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 94.96% and total cumulative return in cash sums $89,718. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,601/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 2004
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72730, Farmington, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,549 (100%) |
| Owner Occupied HU | 3,153 (69.3%) |
| Renter Occupied HU | 1,133 (24.9%) |
| Vacant Housing Units | 263 ( 5.8%) |
| Median Home Value | $334,077 |
| Average Home Value | $349,619 |
Housing Distribution
Address Breakdown
Residential
4,814
Single Family
4,750
Multi-Family
64
Businesses
342
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Listed by: Katie-Claire Stewart • McGraw REALTORS
Mls Name: ArkansasOne MLS
Mls Provider:
Mls ID: #1303650
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. Information is deemed reliable but not guaranteed.