53 Oak Point DrEureka SpringsAR72631
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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 Eureka Springs at 53 Oak Point Dr, Eureka Springs, AR, 72631 offers $1,117/mo rent that, after a $695/mo payment, leaves $263/mo cash flow. Total monthly income is $1,117/mo, and annual cash flow is $3,161/yr on $47,073 cash. Return on cash invested measures 26.62% in year one, and rental yield stands at 9.44% at a $142,000 entry. Equity gained on principal adds $916/yr while 5% annual appreciation compounds into $39,232 by year five. Five-year ROI records 138.68% and total cumulative return in cash reaches $65,282. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,117/mo property income versus a $695/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1978
1,494 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72631, Eureka Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,866 (100%) |
| Owner Occupied HU | 1,781 (62.1%) |
| Renter Occupied HU | 393 (13.7%) |
| Vacant Housing Units | 692 (24.1%) |
| Median Home Value | $280,242 |
| Average Home Value | $307,538 |
Housing Distribution
Address Breakdown
Residential
2,492
Single Family
2,448
Multi-Family
44
Businesses
128
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Listed by: Karen Kinsel • Century 21 Woodland Real Estate Beaver Lake
Mls Name: ArkansasOne MLS
Mls ID: #1325807