609 Victoria StCorningAR72422
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
Investment Highlights
Rental property for sale in Corning at 609 Victoria St, Corning, AR, 72422 generates $1,242/mo in rent and, after a $783/mo payment, leaves $280/mo in cash flow. Total monthly income is $1,242/mo, and annual cash flow is $3,365/yr on $53,007 invested. Return on cash invested sits at 26.26% in year one, and rental yield is 9.32% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 136.68% and total cumulative return in cash sums $72,450. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,242/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72422, Corning, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,241 (100%) |
| Owner Occupied HU | 1,268 (56.6%) |
| Renter Occupied HU | 594 (26.5%) |
| Vacant Housing Units | 379 (16.9%) |
| Median Home Value | $93,659 |
| Average Home Value | $126,571 |
Housing Distribution
Address Breakdown
Residential
2,017
Single Family
2,000
Multi-Family
17
Businesses
194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachelle Sellmeyer • New Horizon Real Estate
Mls Name: Northeast Arkansas BOR
Mls ID: #10121230
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. Information is deemed reliable but not guaranteed.