816 Spurgeon LnPrairie GroveAR72753
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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 Prairie Grove at 816 Spurgeon Ln, Prairie Grove, AR, 72753 priced at $565,000 pairs $2,114/mo rent with after a $2,765/mo payment. Total monthly income equals $2,114/mo. Return on cash invested is 11.78% in year one, and rental yield stands at 4.49% on a $565,000 basis. Equity gained on principal adds $3,646/yr, and 5% annual appreciation accumulates to $156,099 by year five. Five-year ROI measures 59.03% and total cumulative return in cash reaches $109,731. For financing, Ziffy Mortgage’s DSCR program evaluates $2,114/mo property income against a $2,765/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72753, Prairie Grove, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,673 (100%) |
| Owner Occupied HU | 3,361 (71.9%) |
| Renter Occupied HU | 1,029 (22.0%) |
| Vacant Housing Units | 283 ( 6.1%) |
| Median Home Value | $292,320 |
| Average Home Value | $345,014 |
Housing Distribution
Address Breakdown
Residential
4,510
Single Family
4,510
Multi-Family
0
Businesses
217
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Listed by: Shannon West • Sudar Group
Mls Name: ArkansasOne MLS
Mls ID: #1325987