627 Highway 32 EHopeAR71801
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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 Hope at 627 Highway 32 E, Hope, AR, 71801 generates $1,452/mo in rent and, after a $578/mo payment, leaves $742/mo in cash flow. Total monthly income is $1,452/mo, and annual cash flow is $8,907/yr on $39,117 invested. Return on cash invested sits at 42.68% in year one, and rental yield is 14.77% on a $118,000 entry. Equity gained on principal adds $761/yr, while 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 224.81% and total cumulative return in cash sums $87,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,452/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
1.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71801, Hope, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,957 (100%) |
| Owner Occupied HU | 3,690 (53.0%) |
| Renter Occupied HU | 2,133 (30.7%) |
| Vacant Housing Units | 1,134 (16.3%) |
| Median Home Value | $137,800 |
| Average Home Value | $168,683 |
Housing Distribution
Address Breakdown
Residential
6,662
Single Family
6,623
Multi-Family
39
Businesses
470
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Listed by: Lindsey Townsend • Lance & Associates Real Estate
Mls Name: CARMLS
Mls Provider:
Mls ID: #24014251
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.