6347 Us Highway 62SalemAR72576
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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 Salem at 6347 Us Highway 62, Salem, AR, 72576 earns from $0/mo rent with a $783/mo payment. Total monthly income totals $0/mo. ROI tracks -1.86% on current figures, and rental yield reads 0% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1978
3.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72576, Salem, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,169 (63.7%) |
| Renter Occupied HU | 421 (23.0%) |
| Vacant Housing Units | 244 (13.3%) |
| Median Home Value | $124,265 |
| Average Home Value | $196,052 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,322
Multi-Family
26
Businesses
153
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