487 S Garfield AvePiggottAR72454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Piggott at 487 S Garfield Ave, Piggott, AR, 72454 offers $959/mo rent that, after a $538/mo payment, leaves $298/mo cash flow. Total monthly income is $959/mo, and annual cash flow is $3,578/yr on $36,465 cash. Return on cash invested measures 29.72% in year one, and rental yield stands at 10.46% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 155.33% and total cumulative return in cash reaches $56,640. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $959/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72454, Piggott, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,591 (100%) |
| Owner Occupied HU | 1,507 (58.2%) |
| Renter Occupied HU | 693 (26.7%) |
| Vacant Housing Units | 391 (15.1%) |
| Median Home Value | $130,893 |
| Average Home Value | $201,206 |
Housing Distribution
Address Breakdown
Residential
2,259
Single Family
2,204
Multi-Family
55
Businesses
185
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