61 Malaga WayHot SpringsAR71909
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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 Hot Springs at 61 Malaga Way, Hot Springs, AR, 71909 generates $2,330/mo in rent and, after a $1,463/mo payment, leaves $533/mo in cash flow. Total monthly income is $2,330/mo, and annual cash flow is $6,397/yr on $99,119 invested. Return on cash invested sits at 26.36% in year one, and rental yield is 9.35% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 137.26% and total cumulative return in cash sums $136,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,330/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71909, Hot Springs Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,653 (100%) |
| Owner Occupied HU | 8,230 (77.3%) |
| Renter Occupied HU | 1,134 (10.6%) |
| Vacant Housing Units | 1,289 (12.1%) |
| Median Home Value | $288,567 |
| Average Home Value | $337,292 |
Housing Distribution
Address Breakdown
Residential
10,339
Single Family
10,236
Multi-Family
103
Businesses
319
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Listed by: Erika Peters • Michele Phillips & Co. Realtors
Mls Name: CARMLS
Mls ID: #25043342