700 Summer StHot SpringsAR71913
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 700 Summer St, Hot Springs, AR, 71913 priced at $269,000 pairs $1,426/mo rent with after a $1,317/mo payment. Total monthly income equals $1,426/mo. Return on cash invested is 17.33% in year one, and rental yield stands at 6.36% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 88.81% and total cumulative return in cash reaches $79,199. For financing, Ziffy Mortgage’s DSCR program evaluates $1,426/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71913, Hot Springs National Park, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,176 (100%) |
| Owner Occupied HU | 13,504 (51.6%) |
| Renter Occupied HU | 7,431 (28.4%) |
| Vacant Housing Units | 5,241 (20.0%) |
| Median Home Value | $247,974 |
| Average Home Value | $325,048 |
Housing Distribution
Address Breakdown
Residential
23,925
Single Family
21,402
Multi-Family
2,523
Businesses
1,770
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karina A Alvarez • Signature Homes Real Estate
Mls Name: CARMLS
Mls ID: #26002704