611 Overstreet DrFordyceAR71742
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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
Investment property for sale in Fordyce at 611 Overstreet Dr, Fordyce, AR, 71742 uses $59,504 cash to close to unlock $4,603/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $1,463/mo, and a $879/mo payment keeps the spread at $384/mo. Purchase price stands at $179,500, and rental yield measures 9.78% with $1,463/mo rent. Return on cash invested shows 27.64% in year one, and 5% annual appreciation builds toward $49,593 over five years. Five-year ROI reaches 144.12% and total cumulative return in cash records $85,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,463/mo property income covering a $879/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71742, Fordyce, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,235 (100%) |
| Owner Occupied HU | 1,194 (53.4%) |
| Renter Occupied HU | 642 (28.7%) |
| Vacant Housing Units | 399 (17.9%) |
| Median Home Value | $115,802 |
| Average Home Value | $158,187 |
Housing Distribution
Address Breakdown
Residential
2,021
Single Family
1,905
Multi-Family
116
Businesses
298
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Listed by: Melissa Pierce • Hodnett Realty Group
Mls Name: CARMLS
Mls Provider:
Mls ID: #25011745
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.