801 E Runnels StMineral SpringsAR71851
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
Investment Highlights
Rental property for sale in Mineral Springs at 801 E Runnels St, Mineral Springs, AR, 71851 offers $1,334/mo rent that, after a $744/mo payment, leaves $420/mo cash flow. Total monthly income is $1,334/mo, and annual cash flow is $5,043/yr on $50,388 cash. Return on cash invested measures 29.92% in year one, and rental yield stands at 10.53% at a $152,000 entry. Equity gained on principal adds $981/yr while 5% annual appreciation compounds into $41,995 by year five. Five-year ROI records 156.37% and total cumulative return in cash reaches $78,790. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,334/mo property income versus a $744/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71851, Mineral Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,006 (100%) |
| Owner Occupied HU | 538 (53.5%) |
| Renter Occupied HU | 244 (24.3%) |
| Vacant Housing Units | 224 (22.3%) |
| Median Home Value | $119,167 |
| Average Home Value | $171,687 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
549
Multi-Family
0
Businesses
34
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Listed by: Aimee B Sutton • Howard County Landmark Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25039370
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