84 Spruce StGreenwoodAR72936
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 Greenwood at 84 Spruce St, Greenwood, AR, 72936 priced at $200,000 pairs $1,391/mo rent with $189/mo cash flow after a $979/mo payment. Total monthly income equals $1,391/mo, and annual cash flow comes to $2,264/yr on $66,300 invested. Return on cash invested is 23.32% in year one, and rental yield stands at 8.35% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 120.93% and total cumulative return in cash reaches $80,180. For financing, Ziffy Mortgage’s DSCR program evaluates $1,391/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72936, Greenwood, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,093 (100%) |
| Owner Occupied HU | 4,431 (72.7%) |
| Renter Occupied HU | 1,295 (21.3%) |
| Vacant Housing Units | 367 ( 6.0%) |
| Median Home Value | $234,255 |
| Average Home Value | $262,427 |
Housing Distribution
Address Breakdown
Residential
5,610
Single Family
5,514
Multi-Family
96
Businesses
407
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Listed by: Justina Johnson • The Heritage Group Real Estate
Mls Name: Western River Valley BOR
Mls ID: #1082218
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. Information is deemed reliable but not guaranteed.