701 N Spruce StSearcyAR72143
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 Searcy at 701 N Spruce St, Searcy, AR, 72143 generates $1,580/mo in rent and, after a $783/mo payment, leaves $618/mo in cash flow. Total monthly income is $1,580/mo, and annual cash flow is $7,421/yr on $53,007 invested. Return on cash invested sits at 33.91% in year one, and rental yield is 11.86% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 177.75% and total cumulative return in cash sums $94,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,580/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72143, Searcy, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,481 (100%) |
| Owner Occupied HU | 8,891 (57.4%) |
| Renter Occupied HU | 4,950 (32.0%) |
| Vacant Housing Units | 1,640 (10.6%) |
| Median Home Value | $215,433 |
| Average Home Value | $276,449 |
Housing Distribution
Address Breakdown
Residential
15,047
Single Family
13,515
Multi-Family
1,532
Businesses
1,459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Cifreo • Michele Phillips & Co. Realtors Searcy Branch
Mls Name: CARMLS
Mls Provider:
Mls ID: #25014283
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.