502 S 3rd StParisAR72855
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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 Paris at 502 S 3rd St, Paris, AR, 72855 priced at $115,000 converts $900/mo rent into $209/mo cash flow after a $563/mo obligation. Total monthly income equals $900/mo, and annual cash flow totals $2,503/yr on $38,123 invested. Return on cash invested prints 26.47% in year one, and rental yield reads 9.39% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 137.86% and total cumulative return in cash sums $52,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $900/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72855, Paris, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,851 (100%) |
| Owner Occupied HU | 1,825 (64.0%) |
| Renter Occupied HU | 655 (23.0%) |
| Vacant Housing Units | 371 (13.0%) |
| Median Home Value | $152,771 |
| Average Home Value | $195,011 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,697
Multi-Family
33
Businesses
300
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