606 E 28th StTexarkanaAR71854
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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 606 E 28th St, Texarkana, AR, 71854 uses $84,831 cash to close to unlock $4,875/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $1,945/mo, and a $1,253/mo payment keeps the spread at $406/mo. Purchase price stands at $255,900, and rental yield measures 9.12% with $1,945/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $70,700 over five years. Five-year ROI reaches 133.47% and total cumulative return in cash records $113,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,945/mo property income covering a $1,253/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.32 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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