632 Covington RdWardAR72176
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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 Ward at 632 Covington Rd, Ward, AR, 72176 generates $1,005/mo in rent and, after a $649/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,005/mo, and annual cash flow is $2,487/yr on $43,924 invested. Return on cash invested sits at 25.57% in year one, and rental yield is 9.1% on a $132,500 entry. Equity gained on principal adds $855/yr, while 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 133.07% and total cumulative return in cash sums $58,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,005/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
5.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72176, Ward, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,969 (100%) |
| Owner Occupied HU | 2,732 (68.8%) |
| Renter Occupied HU | 929 (23.4%) |
| Vacant Housing Units | 308 ( 7.8%) |
| Median Home Value | $181,303 |
| Average Home Value | $226,858 |
Housing Distribution
Address Breakdown
Residential
3,864
Single Family
3,864
Multi-Family
0
Businesses
68
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Listed by: Ralph Harvey III • ListWithFreedom.com, Inc.
Mls Name: CARMLS
Mls Provider:
Mls ID: #25009653
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