6 Larraga WayHot SpringsAR71909
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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
Investment property for sale in Hot Springs at 6 Larraga Way, Hot Springs, AR, 71909 uses $71,239 cash to close to unlock $7,332/yr annual cash flow and $611/mo monthly cash flow. Total monthly income runs $2,016/mo, and a $1,052/mo payment keeps the spread at $611/mo. Purchase price stands at $214,900, and rental yield measures 11.26% with $2,016/mo rent. Return on cash invested shows 30.2% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 158.57% and total cumulative return in cash records $112,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,016/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1984
10,018 sqft lot
$N/A/sqft
$113 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71909, Hot Springs Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,653 (100%) |
| Owner Occupied HU | 8,230 (77.3%) |
| Renter Occupied HU | 1,134 (10.6%) |
| Vacant Housing Units | 1,289 (12.1%) |
| Median Home Value | $288,567 |
| Average Home Value | $337,292 |
Housing Distribution
Address Breakdown
Residential
10,339
Single Family
10,236
Multi-Family
103
Businesses
319
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Listed by: Deb Seibert • Hot Springs Village Real Estate
Mls Name: CARMLS
Mls Provider:
Mls ID: #25016384
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.