604 S Mitchell AveLincolnAR72744
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 604 S Mitchell Ave, Lincoln, AR, 72744 in Lincoln speaks for itself: 10.2% gross on a $219,000 price, generating $1,862/mo in rent and $546/mo in net income after the $985/mo debt service. DSCR 1.89, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,551 stacks alongside $60,506 in projected five-year appreciation and $2,017/yr in principal reduction. Projected total cumulative return: $117,994.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.0% |
| Monthly Cash Flow | $546 | $400 |
City averages based on Lincoln market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,862 |
| Total Monthly Debt Service | $1,229 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72744, Lincoln, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,472 (100%) |
| Owner Occupied HU | 1,571 (63.6%) |
| Renter Occupied HU | 634 (25.6%) |
| Vacant Housing Units | 267 (10.8%) |
| Median Home Value | $289,537 |
| Average Home Value | $338,501 |
Housing Distribution
Address Breakdown
Residential
1,976
Single Family
1,953
Multi-Family
23
Businesses
131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1956
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72744, Lincoln, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,472 (100%) |
| Owner Occupied HU | 1,571 (63.6%) |
| Renter Occupied HU | 634 (25.6%) |
| Vacant Housing Units | 267 (10.8%) |
| Median Home Value | $289,537 |
| Average Home Value | $338,501 |
Housing Distribution
Address Breakdown
Residential
1,976
Single Family
1,953
Multi-Family
23
Businesses
131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices