7234 Highway 62 EGlencoeAR72539
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play7234 Highway 62 E, Glencoe, AR, 72539 in Glencoe is priced for appreciation, not yield. Rental yield 5.12%. At $529,900 with a 5.12% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $146,402 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.95) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $141,125.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.0% |
| Monthly Cash Flow | $(923) | $1,200 |
City averages based on Glencoe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,262 |
| Total Monthly Debt Service | $2,974 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
10.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72539, Glencoe, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 193 (100%) |
| Owner Occupied HU | 155 (80.3%) |
| Renter Occupied HU | 13 ( 6.7%) |
| Vacant Housing Units | 25 (13.0%) |
| Median Home Value | $114,732 |
| Average Home Value | $124,339 |
Housing Distribution
Address Breakdown
Residential
146
Single Family
146
Multi-Family
0
Businesses
8
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
Single Family
Built in 2018
10.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72539, Glencoe, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 193 (100%) |
| Owner Occupied HU | 155 (80.3%) |
| Renter Occupied HU | 13 ( 6.7%) |
| Vacant Housing Units | 25 (13.0%) |
| Median Home Value | $114,732 |
| Average Home Value | $124,339 |
Housing Distribution
Address Breakdown
Residential
146
Single Family
146
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Boyer • United Country Moody Realty, Inc.
Mls Name: CARMLS
Mls Provider:
Mls ID: #25016021
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