616 S 38th StVan BurenAR72956
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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 Van Buren at 616 S 38th St, Van Buren, AR, 72956 uses $65,471 cash to close to unlock $1,434/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $1,307/mo, and a $967/mo payment keeps the spread at $119/mo. Purchase price stands at $197,500, and rental yield measures 7.94% with $1,307/mo rent. Return on cash invested shows 22.1% in year one, and 5% annual appreciation builds toward $54,566 over five years. Five-year ROI reaches 114.39% and total cumulative return in cash records $74,895. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,307/mo property income covering a $967/mo payment rather than investor’s personal income.
Single Family
Built in 2005
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72956, Van Buren, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,188 (100%) |
| Owner Occupied HU | 8,974 (63.3%) |
| Renter Occupied HU | 4,185 (29.5%) |
| Vacant Housing Units | 1,029 ( 7.3%) |
| Median Home Value | $202,724 |
| Average Home Value | $226,700 |
Housing Distribution
Address Breakdown
Residential
14,048
Single Family
13,334
Multi-Family
714
Businesses
1,078
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Listed by: Kenneth Primm • Vylla Home
Mls Name: Western River Valley BOR
Mls ID: #1080001
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.