508 Walnut StCrossettAR71635
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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 Crossett at 508 Walnut St, Crossett, AR, 71635 priced at $215,000 converts $1,279/mo rent into after a $1,052/mo obligation. Total monthly income equals $1,279/mo. Return on cash invested prints 19.69% in year one, and rental yield reads 7.14% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 101.43% and total cumulative return in cash sums $72,289. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,279/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71635, Crossett, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,271 (100%) |
| Owner Occupied HU | 3,141 (59.6%) |
| Renter Occupied HU | 1,409 (26.7%) |
| Vacant Housing Units | 721 (13.7%) |
| Median Home Value | $98,432 |
| Average Home Value | $124,399 |
Housing Distribution
Address Breakdown
Residential
4,811
Single Family
4,676
Multi-Family
135
Businesses
489
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