803 N 18th StWest MemphisAR72301
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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 West Memphis at 803 N 18th St, West Memphis, AR, 72301 uses $34,808 cash to close to unlock $2,061/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $803/mo, and a $514/mo payment keeps the spread at $172/mo. Purchase price stands at $105,000, and rental yield measures 9.18% with $803/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash records $46,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $803/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72301, West Memphis, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 4,340 (39.6%) |
| Renter Occupied HU | 5,326 (48.6%) |
| Vacant Housing Units | 1,297 (11.8%) |
| Median Home Value | $138,388 |
| Average Home Value | $160,679 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
8,952
Multi-Family
784
Businesses
1,073
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Listed by: Evett Furr • D. C. A Realty, Llc
Mls Name: Eastern Arkansas Realtors Association
Mls ID: #43866