62 Miguel WayHot Springs VillageAR71909
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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 Hot Springs Village at 62 Miguel Way, Hot Springs Village, AR, 71909 earns from $2,466/mo rent with a $2,078/mo payment. Total monthly income totals $2,466/mo. ROI tracks 18.13% on current figures, and rental yield reads 6.97% at a $424,500 purchase. Equity gained on principal adds $2,739/yr, and 5% annual appreciation supports $117,282 over five years. Five-year ROI reaches 93.46% and total cumulative return in cash sums $131,524. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,466/mo property income instead of your personal income.
Single Family
Built in 2000
0.40 Acres lot
$N/A/sqft
$110 monthly 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: DuWayne A Futch • Big Red Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #24028057
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.