603 W Lake StManilaAR72442
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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 Manila at 603 W Lake St, Manila, AR, 72442 listed at $182,500 pairs $1,040/mo rent with a $893/mo payment. Total monthly income runs $1,040/mo. Return on cash invested measures 18.78% in year one, and rental yield registers 6.84% at a $182,500 basis. Equity gained on principal adds $1,178/yr, and annual property appreciation at 5% supports $50,421 by year five. Five-year ROI tracks 96.61% and total cumulative return in cash totals $58,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,040/mo property income relative to a $893/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72442, Manila, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,189 (58.2%) |
| Renter Occupied HU | 596 (29.2%) |
| Vacant Housing Units | 257 (12.6%) |
| Median Home Value | $173,505 |
| Average Home Value | $194,100 |
Housing Distribution
Address Breakdown
Residential
1,459
Single Family
1,459
Multi-Family
0
Businesses
118
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Listed by: Rob Spencer • New Horizon Real Estate
Mls Name: Northeast Arkansas BOR
Mls ID: #10120555
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. Information is deemed reliable but not guaranteed.