6978 Highway 23 NEureka SpringsAR72631
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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 Eureka Springs at 6978 Highway 23 N, Eureka Springs, AR, 72631 uses $76,212 cash to close to unlock $4,383/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $1,747/mo, and a $1,125/mo payment keeps the spread at $365/mo. Purchase price stands at $229,900, and rental yield measures 9.12% with $1,747/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 133.49% and total cumulative return in cash records $101,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,747/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Manufactured
Built in 2003
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72631, Eureka Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,866 (100%) |
| Owner Occupied HU | 1,781 (62.1%) |
| Renter Occupied HU | 393 (13.7%) |
| Vacant Housing Units | 692 (24.1%) |
| Median Home Value | $280,242 |
| Average Home Value | $307,538 |
Housing Distribution
Address Breakdown
Residential
2,492
Single Family
2,448
Multi-Family
44
Businesses
128
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Listed by: Robert Knapp • Coldwell Banker K-C Realty
Mls Name: NABOR AR
Mls Provider:
Mls ID: #1300629
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. Information is deemed reliable but not guaranteed.