705 N Oak StHarrisonAR72601
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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 Harrison at 705 N Oak St, Harrison, AR, 72601 priced at $120,000 converts $714/mo rent into after a $587/mo obligation. Total monthly income equals $714/mo. Return on cash invested prints 19.7% in year one, and rental yield reads 7.14% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 101.47% and total cumulative return in cash sums $40,363. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $714/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1940
9,709 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72601, Harrison, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,593 (100%) |
| Owner Occupied HU | 9,193 (63.0%) |
| Renter Occupied HU | 4,066 (27.9%) |
| Vacant Housing Units | 1,334 ( 9.1%) |
| Median Home Value | $214,852 |
| Average Home Value | $274,400 |
Housing Distribution
Address Breakdown
Residential
13,474
Single Family
12,913
Multi-Family
561
Businesses
1,055
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