619 S Cherry StAltusAR72821
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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 Altus at 619 S Cherry St, Altus, AR, 72821 priced at $195,000 converts $1,117/mo rent into after a $954/mo obligation. Total monthly income equals $1,117/mo. Return on cash invested prints 18.89% in year one, and rental yield reads 6.87% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 97.21% and total cumulative return in cash sums $62,842. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,117/mo property income covering a $954/mo payment, not borrower’s personal income.
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
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