619 S Cherry StAltusAR72821
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 619 S Cherry St, Altus, AR, 72821 in Altus offers a clean, manageable entry. Rental yield 6.88%. DSCR 1.27 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $53,875 in additional property value over five years, with $1,796/yr in principal equity building ownership stake. Total projected cumulative return: $70,273.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.0% |
| Monthly Cash Flow | $(55) | $300 |
City averages based on Altus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,117 |
| Total Monthly Debt Service | $1,095 |
| DSCR Ratio | 1.02x |
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 2015
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72821, Altus, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 524 (66.0%) |
| Renter Occupied HU | 131 (16.5%) |
| Vacant Housing Units | 139 (17.5%) |
| Median Home Value | $168,229 |
| Average Home Value | $176,942 |
Housing Distribution
Address Breakdown
Residential
644
Single Family
616
Multi-Family
28
Businesses
49
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 2015
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72821, Altus, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 524 (66.0%) |
| Renter Occupied HU | 131 (16.5%) |
| Vacant Housing Units | 139 (17.5%) |
| Median Home Value | $168,229 |
| Average Home Value | $176,942 |
Housing Distribution
Address Breakdown
Residential
644
Single Family
616
Multi-Family
28
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices