622 W 2nd StDewittAR72042
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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 Dewitt at 622 W 2nd St, Dewitt, AR, 72042 uses $42,764 cash to close to unlock $2,627/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $994/mo, and a $631/mo payment keeps the spread at $219/mo. Purchase price stands at $129,000, and rental yield measures 9.25% with $994/mo rent. Return on cash invested shows 26.05% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 135.57% and total cumulative return in cash records $57,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $994/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72042, De Witt, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,342 (100%) |
| Owner Occupied HU | 1,333 (56.9%) |
| Renter Occupied HU | 629 (26.9%) |
| Vacant Housing Units | 380 (16.2%) |
| Median Home Value | $167,964 |
| Average Home Value | $192,089 |
Housing Distribution
Address Breakdown
Residential
2,018
Single Family
1,979
Multi-Family
39
Businesses
237
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