702 E 23rd StRussellvilleAR72802
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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 Russellville at 702 E 23rd St, Russellville, AR, 72802 uses $53,007 cash to close to unlock $5,729/yr annual cash flow and $477/mo monthly cash flow. Total monthly income runs $1,439/mo, and a $783/mo payment keeps the spread at $477/mo. Purchase price stands at $159,900, and rental yield measures 10.8% with $1,439/mo rent. Return on cash invested shows 30.72% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 160.59% and total cumulative return in cash records $85,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,439/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1995
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72802, Russellville, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,548 (100%) |
| Owner Occupied HU | 6,642 (69.6%) |
| Renter Occupied HU | 2,199 (23.0%) |
| Vacant Housing Units | 707 ( 7.4%) |
| Median Home Value | $245,391 |
| Average Home Value | $253,867 |
Housing Distribution
Address Breakdown
Residential
9,395
Single Family
9,028
Multi-Family
367
Businesses
608
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Listed by: Katy Hare • Alethes Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25016159
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.