983 Jessica Leigh StElkinsAR72727
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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 Elkins at 983 Jessica Leigh St, Elkins, AR, 72727 uses $87,848 cash to close to unlock $6,205/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $2,110/mo, and a $1,297/mo payment keeps the spread at $517/mo. Purchase price stands at $265,000, and rental yield measures 9.55% with $2,110/mo rent. Return on cash invested shows 26.97% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 140.52% and total cumulative return in cash records $123,447. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,110/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2019
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72727, Elkins, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,954 (100%) |
| Owner Occupied HU | 2,253 (76.3%) |
| Renter Occupied HU | 409 (13.8%) |
| Vacant Housing Units | 292 ( 9.9%) |
| Median Home Value | $246,921 |
| Average Home Value | $318,877 |
Housing Distribution
Address Breakdown
Residential
2,666
Single Family
2,666
Multi-Family
0
Businesses
97
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