88 Grand AveEureka SpringsAR72632
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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 Eureka Springs at 88 Grand Ave, Eureka Springs, AR, 72632 uses $90,499 cash to close to unlock $2,858/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,879/mo, and a $1,336/mo payment keeps the spread at $238/mo. Purchase price stands at $272,999, and rental yield measures 8.26% with $1,879/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $75,425 over five years. Five-year ROI reaches 119.58% and total cumulative return in cash records $108,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,879/mo property income covering a $1,336/mo payment rather than investor’s personal income.
Single Family
Built in 1930
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72632, Eureka Springs, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,993 (100%) |
| Owner Occupied HU | 1,657 (55.4%) |
| Renter Occupied HU | 774 (25.9%) |
| Vacant Housing Units | 562 (18.8%) |
| Median Home Value | $280,258 |
| Average Home Value | $346,352 |
Housing Distribution
Address Breakdown
Residential
2,540
Single Family
2,483
Multi-Family
57
Businesses
531
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Listed by: Kim Williams • Coldwell Banker K-C Realty
Mls Name: ArkansasOne MLS
Mls ID: #1328425