505 W Cleveland StHazenAR72064
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.35% yield at 505 W Cleveland St, Hazen, AR, 72064 in Hazen is solid, but the $881/mo payment compresses net cash flow to $185/mo at $196,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $54,151 by year five, and $1,805/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.55) without U.S. income documentation. Total projected return: $86,129.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 8.0% |
| Monthly Cash Flow | $185 | $1,200 |
City averages based on Hazen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,363 |
| Total Monthly Debt Service | $1,100 |
| DSCR Ratio | 1.24x |
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.
Single Family
Built in 1965
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72064, Hazen, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 743 (63.7%) |
| Renter Occupied HU | 274 (23.5%) |
| Vacant Housing Units | 149 (12.8%) |
| Median Home Value | $132,125 |
| Average Home Value | $160,882 |
Housing Distribution
Address Breakdown
Residential
733
Single Family
696
Multi-Family
37
Businesses
90
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
Single Family
Built in 1965
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72064, Hazen, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 743 (63.7%) |
| Renter Occupied HU | 274 (23.5%) |
| Vacant Housing Units | 149 (12.8%) |
| Median Home Value | $132,125 |
| Average Home Value | $160,882 |
Housing Distribution
Address Breakdown
Residential
733
Single Family
696
Multi-Family
37
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melody Stackhouse • Rice Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25011469
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