8 Elk StEureka SpringsAR72632
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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 Eureka Springs at 8 Elk St, Eureka Springs, AR, 72632 offers a 4.84% rental yield on a $337,700 purchase with $1,361/mo rent. 74% in year one. Equity gained on principal adds $2,179/yr while 5% annual appreciation supports $93,300 over five years. Portfolio math shows five-year ROI at 64.15% and total cumulative return in cash at $71,812. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,361/mo property income against a $1,653/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1897
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72632, Eureka Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,993 (100%) |
| Owner Occupied HU | 1,657 (55.4%) |
| Renter Occupied HU | 774 (25.9%) |
| Vacant Housing Units | 562 (18.8%) |
| Median Home Value | $280,258 |
| Average Home Value | $346,352 |
Housing Distribution
Address Breakdown
Residential
2,540
Single Family
2,483
Multi-Family
57
Businesses
531
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Listed by: N/A • N/A
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