7 Sonora WayHot SpringsAR71909
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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 Hot Springs at 7 Sonora Way, Hot Springs, AR, 71909 priced at $349,500 converts $2,445/mo rent into $231/mo cash flow after a $1,711/mo obligation. Total monthly income equals $2,445/mo, and annual cash flow totals $2,769/yr on $115,859 invested. Return on cash invested prints 22.3% in year one, and rental yield reads 8.39% against a $349,500 entry. Equity gained on principal adds $2,255/yr, while 5% annual appreciation compiles into $96,560 by year five. Five-year ROI reaches 115.86% and total cumulative return in cash sums $134,233. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,445/mo property income covering a $1,711/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.29 Acres lot
$N/A/sqft
$113 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71909, Hot Springs Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,653 (100%) |
| Owner Occupied HU | 8,230 (77.3%) |
| Renter Occupied HU | 1,134 (10.6%) |
| Vacant Housing Units | 1,289 (12.1%) |
| Median Home Value | $288,567 |
| Average Home Value | $337,292 |
Housing Distribution
Address Breakdown
Residential
10,339
Single Family
10,236
Multi-Family
103
Businesses
319
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Listed by: Mary Currey • Trademark Real Estate, Inc.
Mls Name: CARMLS
Mls Provider:
Mls ID: #25025074
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.