704-714 716 Main StHopeAR71801
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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 Hope at 704-714 716 Main St, Hope, AR, 71801 earns from $780/mo rent with a $1,459/mo payment. Total monthly income totals $780/mo. ROI tracks 7.62% on current figures, and rental yield reads 3.14% at a $298,000 purchase. Equity gained on principal adds $1,923/yr, and 5% annual appreciation supports $82,332 over five years. Five-year ROI reaches 36.74% and total cumulative return in cash sums $36,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $780/mo property income instead of your personal income.
Single Family
Built in 1970
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71801, Hope, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,957 (100%) |
| Owner Occupied HU | 3,690 (53.0%) |
| Renter Occupied HU | 2,133 (30.7%) |
| Vacant Housing Units | 1,134 (16.3%) |
| Median Home Value | $137,800 |
| Average Home Value | $168,683 |
Housing Distribution
Address Breakdown
Residential
6,662
Single Family
6,623
Multi-Family
39
Businesses
470
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Listed by: Jackie Crider • Walker Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25020289
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.