814 Richland DrWest 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
Rental property for sale in West Memphis at 814 Richland Dr, West Memphis, AR, 72301 priced at $199,900 pairs $1,891/mo rent with $690/mo cash flow after a $978/mo payment. Total monthly income equals $1,891/mo, and annual cash flow comes to $8,277/yr on $66,267 invested. Return on cash invested is 32.4% in year one, and rental yield stands at 11.35% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 169.61% and total cumulative return in cash reaches $112,393. For financing, Ziffy Mortgage’s DSCR program evaluates $1,891/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
10,019 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: Jena Vansickle • Remax Real Estate Today
Mls Name: Eastern Arkansas Realtors Association
Mls ID: #43305
Disclaimer: Copyright Eastern Arkansas Realtors Association. All rights reserved. Information is deemed reliable but not guaranteed.