606 Indian Bay DrSherwoodAR72120
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 606 Indian Bay Dr, Sherwood, AR, 72120 in Sherwood hard to pass up. The 10.25% gross yield on a $350,000 purchase results in $1,834/mo in rent and $885/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.17). Annual cash flow of $10,623, five-year appreciation of $96,699, and $3,224/yr in equity build-up combine for a projected total cumulative return of $115,111.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 4.2% |
| Monthly Cash Flow | $885 | $850 |
City averages based on Sherwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,834 |
| Total Monthly Debt Service | $1,965 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1988
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72120, Sherwood, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,991 (100%) |
| Owner Occupied HU | 10,941 (68.4%) |
| Renter Occupied HU | 4,048 (25.3%) |
| Vacant Housing Units | 1,002 ( 6.3%) |
| Median Home Value | $259,734 |
| Average Home Value | $284,022 |
Housing Distribution
Address Breakdown
Residential
15,780
Single Family
14,145
Multi-Family
1,635
Businesses
718
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 1988
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72120, Sherwood, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,991 (100%) |
| Owner Occupied HU | 10,941 (68.4%) |
| Renter Occupied HU | 4,048 (25.3%) |
| Vacant Housing Units | 1,002 ( 6.3%) |
| Median Home Value | $259,734 |
| Average Home Value | $284,022 |
Housing Distribution
Address Breakdown
Residential
15,780
Single Family
14,145
Multi-Family
1,635
Businesses
718
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Bond • United Real Estate - Central AR
Mls Name: CARMLS
Mls Provider:
Mls ID: #25016565
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.