700 2nd StLake CityAR72437
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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 Lake City at 700 2nd St, Lake City, AR, 72437 offers a 10.84% rental yield on a $134,900 purchase with $1,219/mo rent. Total monthly income registers $1,219/mo, and a $660/mo payment leaves $408/mo available for distribution. Annual cash flow reaches $4,900/yr on $44,719 to close, and return on cash invested stands at 30.87% in year one. Equity gained on principal adds $870/yr while 5% annual appreciation supports $37,270 over five years. Portfolio math shows five-year ROI at 161.47% and total cumulative return in cash at $72,209. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,219/mo property income against a $660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72437, Lake City, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 1,063 (68.8%) |
| Renter Occupied HU | 373 (24.1%) |
| Vacant Housing Units | 109 ( 7.1%) |
| Median Home Value | $210,477 |
| Average Home Value | $233,921 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,229
Multi-Family
32
Businesses
63
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