48 Condray Ln, Quitman, AR, 72131 | 6.77% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Quitman at 48 Condray Ln, Quitman, AR, 72131 generates $1,342/mo in rent, after a $1,165/mo payment. Total monthly income is $1,342/mo. Return on cash invested sits at 18.56% in year one, and rental yield is 6.77% on a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 95.42% and total cumulative return in cash sums $75,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,342/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

17 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