502 Wright StHackettAR72937
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 502 Wright St, Hackett, AR, 72937 in Hackett. At $109,900 it earns $997/mo in rent and distributes $336/mo to the owner after the $494/mo payment, a consistent 10.89% yield. DSCR 2.02 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $30,363 in value; $1,012/yr in principal paydown compounds ownership stake. Total projected return: $63,280.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 10.0% |
| Monthly Cash Flow | $336 | $500 |
City averages based on Hackett market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $997 |
| Total Monthly Debt Service | $617 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1989
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72937, Hackett, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,691 (100%) |
| Owner Occupied HU | 1,239 (73.3%) |
| Renter Occupied HU | 281 (16.6%) |
| Vacant Housing Units | 171 (10.1%) |
| Median Home Value | $216,503 |
| Average Home Value | $253,448 |
Housing Distribution
Address Breakdown
Residential
1,371
Single Family
1,371
Multi-Family
0
Businesses
46
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
Manufactured
Built in 1989
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72937, Hackett, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,691 (100%) |
| Owner Occupied HU | 1,239 (73.3%) |
| Renter Occupied HU | 281 (16.6%) |
| Vacant Housing Units | 171 (10.1%) |
| Median Home Value | $216,503 |
| Average Home Value | $253,448 |
Housing Distribution
Address Breakdown
Residential
1,371
Single Family
1,371
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Grinnell Group • Keller Williams Platinum Realty
Mls Name: Western River Valley BOR
Mls ID: #1080033
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.