607 N Morrill StMorriltonAR72110
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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
Rental property for sale in Morrilton at 607 N Morrill St, Morrilton, AR, 72110 priced at $139,900 converts $1,115/mo rent into $274/mo cash flow after a $685/mo obligation. Total monthly income equals $1,115/mo, and annual cash flow totals $3,285/yr on $46,377 invested. Return on cash invested prints 26.99% in year one, and rental yield reads 9.56% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 140.59% and total cumulative return in cash sums $65,199. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,115/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1938
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72110, Morrilton, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,486 (100%) |
| Owner Occupied HU | 3,190 (58.1%) |
| Renter Occupied HU | 1,637 (29.8%) |
| Vacant Housing Units | 659 (12.0%) |
| Median Home Value | $164,522 |
| Average Home Value | $198,505 |
Housing Distribution
Address Breakdown
Residential
4,966
Single Family
4,828
Multi-Family
138
Businesses
616
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