587 Owley RdMount IdaAR71957
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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 Mount Ida at 587 Owley Rd, Mount Ida, AR, 71957 priced at $799,900 converts $1,776/mo rent into after a $3,915/mo obligation. Total monthly income equals $1,776/mo. Return on cash invested prints 6.23% in year one, and rental yield reads 2.66% against a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $220,998 by year five. Five-year ROI reaches 29.23% and total cumulative return in cash sums $76,932. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,776/mo property income covering a $3,915/mo payment, not borrower’s personal income.
Single Family
Built in 2021
49.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71957, Mount Ida, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,410 (100%) |
| Owner Occupied HU | 999 (41.5%) |
| Renter Occupied HU | 346 (14.4%) |
| Vacant Housing Units | 1,065 (44.2%) |
| Median Home Value | $293,287 |
| Average Home Value | $323,331 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,229
Multi-Family
15
Businesses
184
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Listed by: Heather Vaughn • Lake Hamilton Realty, Inc.
Mls Name: CARMLS
Mls Provider:
Mls ID: #25033781
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.