470 Adams DrQuitmanAR72131
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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 Quitman at 470 Adams Dr, Quitman, AR, 72131 priced at $450,000 converts $1,556/mo rent into after a $2,203/mo obligation. Total monthly income equals $1,556/mo. Return on cash invested prints 10.66% in year one, and rental yield reads 4.15% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 53.03% and total cumulative return in cash sums $79,110. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,556/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 2000
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72131, Quitman, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,563 (100%) |
| Owner Occupied HU | 1,666 (65.0%) |
| Renter Occupied HU | 378 (14.7%) |
| Vacant Housing Units | 519 (20.2%) |
| Median Home Value | $240,625 |
| Average Home Value | $300,824 |
Housing Distribution
Address Breakdown
Residential
2,094
Single Family
2,094
Multi-Family
0
Businesses
103
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Listed by: Jerry D Holmes • RE/MAX Advantage Heber Springs
Mls Name: CARMLS
Mls Provider:
Mls ID: #25022902
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.