6085 Coral Ridge DrAlexanderAR72002
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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 Alexander at 6085 Coral Ridge Dr, Alexander, AR, 72002 priced at $382,500 converts $1,920/mo rent into after a $1,872/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 16.32% in year one, and rental yield reads 6.02% against a $382,500 entry. Equity gained on principal adds $2,468/yr, while 5% annual appreciation compiles into $105,678 by year five. Five-year ROI reaches 83.36% and total cumulative return in cash sums $105,702. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,872/mo payment, not borrower’s personal income.
Single Family
Built in 2023
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72002, Alexander, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,643 (100%) |
| Owner Occupied HU | 6,573 (76.0%) |
| Renter Occupied HU | 1,441 (16.7%) |
| Vacant Housing Units | 629 ( 7.3%) |
| Median Home Value | $248,017 |
| Average Home Value | $316,608 |
Housing Distribution
Address Breakdown
Residential
8,170
Single Family
8,091
Multi-Family
79
Businesses
230
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Listed by: Allison Scroggins • Century 21 Parker & Scroggins Realty - Benton
Mls Name: CARMLS
Mls Provider:
Mls ID: #25001143
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