699 Turkey Ridge RdMagazineAR72943
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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 Magazine at 699 Turkey Ridge Rd, Magazine, AR, 72943 offers $798/mo rent that, after a $2,937/mo payment. Total monthly income is $798/mo. Return on cash invested measures 2.98% in year one, and rental yield stands at 1.6% at a $600,000 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 11.81% and total cumulative return in cash reaches $23,316. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $798/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72943, Magazine, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,119 (100%) |
| Owner Occupied HU | 740 (66.1%) |
| Renter Occupied HU | 220 (19.7%) |
| Vacant Housing Units | 159 (14.2%) |
| Median Home Value | $181,557 |
| Average Home Value | $245,943 |
Housing Distribution
Address Breakdown
Residential
989
Single Family
978
Multi-Family
11
Businesses
45
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