609 Forrest HlWest HelenaAR72390
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow609 Forrest Hl, West Helena, AR, 72390 in West Helena is a solid income-producing rental, 10.7% gross yield, $1,025/mo rent, $334/mo net cash flow on a $114,900 buy. DSCR 1.98 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $31,745 and $1,058/yr in principal reduction project a total cumulative return of $64,982.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 10.0% |
| Monthly Cash Flow | $334 | $1,200 |
City averages based on West Helena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,025 |
| Total Monthly Debt Service | $645 |
| DSCR Ratio | 1.59x |
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72390, West Helena, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,434 (100%) |
| Owner Occupied HU | 1,321 (38.5%) |
| Renter Occupied HU | 1,570 (45.7%) |
| Vacant Housing Units | 543 (15.8%) |
| Median Home Value | $82,616 |
| Average Home Value | $126,968 |
Housing Distribution
Address Breakdown
Residential
3,126
Single Family
3,126
Multi-Family
0
Businesses
376
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72390, West Helena, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,434 (100%) |
| Owner Occupied HU | 1,321 (38.5%) |
| Renter Occupied HU | 1,570 (45.7%) |
| Vacant Housing Units | 543 (15.8%) |
| Median Home Value | $82,616 |
| Average Home Value | $126,968 |
Housing Distribution
Address Breakdown
Residential
3,126
Single Family
3,126
Multi-Family
0
Businesses
376
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Devin Griggs • Cross County Realty
Mls Name: Eastern Arkansas Realtors Association
Mls ID: #43256
Disclaimer: Copyright Eastern Arkansas Realtors Association. All rights reserved. Information is deemed reliable but not guaranteed.