905 Spinks RdLocust GroveAR72550
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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 Locust Grove at 905 Spinks Rd, Locust Grove, AR, 72550 generates $1,243/mo in rent, after a $1,713/mo payment. Total monthly income is $1,243/mo. Return on cash invested sits at 11% in year one, and rental yield is 4.26% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 54.89% and total cumulative return in cash sums $63,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,243/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72550, Locust Grove, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 405 (100%) |
| Owner Occupied HU | 258 (63.7%) |
| Renter Occupied HU | 69 (17.0%) |
| Vacant Housing Units | 78 (19.3%) |
| Median Home Value | $120,930 |
| Average Home Value | $211,434 |
Housing Distribution
Address Breakdown
Residential
316
Single Family
316
Multi-Family
0
Businesses
10
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Listed by: Bobby Gray Miller • RICH REALTY
Mls Name: BBOR
Mls ID: #25-308
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