8 Nevada LnHot SpringsAR71909
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 8 Nevada Ln, Hot Springs, AR, 71909 in Hot Springs is straightforward: $224,500 in, $1,880/mo in rent, $409/mo out after debt service. The 10.05% gross yield and 1.86 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $62,025 by year five. With $2,068/yr in principal equity, the total cumulative return is projected at $111,832.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.8% |
| Monthly Cash Flow | $409 | $850 |
City averages based on Hot Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,880 |
| Total Monthly Debt Service | $1,382 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1975
10,454 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71909, Hot Springs Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,653 (100%) |
| Owner Occupied HU | 8,230 (77.3%) |
| Renter Occupied HU | 1,134 (10.6%) |
| Vacant Housing Units | 1,289 (12.1%) |
| Median Home Value | $288,567 |
| Average Home Value | $337,292 |
Housing Distribution
Address Breakdown
Residential
10,339
Single Family
10,236
Multi-Family
103
Businesses
319
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 1975
10,454 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71909, Hot Springs Village, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,653 (100%) |
| Owner Occupied HU | 8,230 (77.3%) |
| Renter Occupied HU | 1,134 (10.6%) |
| Vacant Housing Units | 1,289 (12.1%) |
| Median Home Value | $288,567 |
| Average Home Value | $337,292 |
Housing Distribution
Address Breakdown
Residential
10,339
Single Family
10,236
Multi-Family
103
Businesses
319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon L Bruning • RE/MAX Elite
Mls Name: CARMLS
Mls Provider:
Mls ID: #24037840
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.