6001 Wallace RdTexarkanaAR71854
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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 Texarkana at 6001 Wallace Rd, Texarkana, AR, 71854 at $220,000 posts ROI 30.03% with $615/mo cash flow from $1,938/mo rent. Total monthly income equals $1,938/mo, and annual cash flow records $7,384/yr on $72,930 to close. Return on cash invested measures 30.03% and rental yield reads 10.57% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 156.95% and total cumulative return in cash totals $114,467.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,938/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
3.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71854, Texarkana, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,673 (100%) |
| Owner Occupied HU | 8,517 (51.1%) |
| Renter Occupied HU | 5,820 (34.9%) |
| Vacant Housing Units | 2,336 (14.0%) |
| Median Home Value | $186,158 |
| Average Home Value | $207,121 |
Housing Distribution
Address Breakdown
Residential
16,309
Single Family
14,590
Multi-Family
1,719
Businesses
1,075
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