39 Forbes RdMount IdaAR71957
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 Mount Ida at 39 Forbes Rd, Mount Ida, AR, 71957 offers $1,248/mo rent that, after a $538/mo payment, leaves $582/mo cash flow. Total monthly income is $1,248/mo, and annual cash flow is $6,985/yr on $36,465 cash. Return on cash invested measures 39.07% in year one, and rental yield stands at 13.61% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 205.54% and total cumulative return in cash reaches $74,952. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,248/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71957, Mount Ida, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,410 (100%) |
| Owner Occupied HU | 999 (41.5%) |
| Renter Occupied HU | 346 (14.4%) |
| Vacant Housing Units | 1,065 (44.2%) |
| Median Home Value | $293,287 |
| Average Home Value | $323,331 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,229
Multi-Family
15
Businesses
184
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Listed by: Edwenna Rowland • Ouachita Real Estate
Mls Name: CARMLS
Mls Provider:
Mls ID: #23037954
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.