702 Park StFordyceAR71742
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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 Fordyce at 702 Park St, Fordyce, AR, 71742 offers $905/mo rent that, after a $563/mo payment, leaves $214/mo cash flow. Total monthly income is $905/mo, and annual cash flow is $2,563/yr on $38,123 cash. Return on cash invested measures 26.63% in year one, and rental yield stands at 9.44% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 138.71% and total cumulative return in cash reaches $52,881. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $905/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
13,939 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71742, Fordyce, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,235 (100%) |
| Owner Occupied HU | 1,194 (53.4%) |
| Renter Occupied HU | 642 (28.7%) |
| Vacant Housing Units | 399 (17.9%) |
| Median Home Value | $115,802 |
| Average Home Value | $158,187 |
Housing Distribution
Address Breakdown
Residential
2,021
Single Family
1,905
Multi-Family
116
Businesses
298
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