901 SW 6th StCorningAR72422
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
Investment property for sale in Corning at 901 SW 6th St, Corning, AR, 72422 offers a 11.17% rental yield on a $114,900 purchase with $1,070/mo rent. Total monthly income registers $1,070/mo, and a $562/mo payment leaves $380/mo available for distribution. Annual cash flow reaches $4,556/yr on $38,089 to close, and return on cash invested stands at 31.87% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Portfolio math shows five-year ROI at 166.76% and total cumulative return in cash at $63,518. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,070/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72422, Corning, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,241 (100%) |
| Owner Occupied HU | 1,268 (56.6%) |
| Renter Occupied HU | 594 (26.5%) |
| Vacant Housing Units | 379 (16.9%) |
| Median Home Value | $93,659 |
| Average Home Value | $126,571 |
Housing Distribution
Address Breakdown
Residential
2,017
Single Family
2,000
Multi-Family
17
Businesses
194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachelle Sellmeyer • New Horizon Real Estate
Mls Name: Northeast Arkansas BOR
Mls ID: #10121099
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.