506 NW 7th StAtkinsAR72823
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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 Atkins at 506 NW 7th St, Atkins, AR, 72823 generates $1,488/mo in rent and, after a $807/mo payment, leaves $497/mo in cash flow. Total monthly income is $1,488/mo, and annual cash flow is $5,962/yr on $54,664 invested. Return on cash invested sits at 30.82% in year one, and rental yield is 10.83% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 161.11% and total cumulative return in cash sums $88,072. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,488/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72823, Atkins, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,958 (67.7%) |
| Renter Occupied HU | 641 (22.2%) |
| Vacant Housing Units | 293 (10.1%) |
| Median Home Value | $159,712 |
| Average Home Value | $184,775 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,687
Multi-Family
6
Businesses
188
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Listed by: TABATHA DAVIS TEAM • LIVE. LOVE. ARKANSAS
Mls Name: ArkansasOne MLS
Mls Provider:
Mls ID: #1321857
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.