66 Highway 369 SNewhopeAR71959
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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 Newhope at 66 Highway 369 S, Newhope, AR, 71959 uses $53,007 cash to close to unlock $1,121/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $1,055/mo, and a $783/mo payment keeps the spread at $93/mo. Purchase price stands at $159,900, and rental yield measures 7.92% with $1,055/mo rent. Return on cash invested shows 22.02% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 114.02% and total cumulative return in cash records $60,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,055/mo property income covering a $783/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
3.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71959, Newhope, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 223 (63.5%) |
| Renter Occupied HU | 35 ( 10.0%) |
| Vacant Housing Units | 93 (26.5%) |
| Median Home Value | $140,625 |
| Average Home Value | $236,827 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
9
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