15 Farrah St

Ward, AR 72176
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3 bd, 2 ba | 1,418 sqft | Built in 2006

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List Price
$189,900

Initial Investment

$51,748

Purchase Price

$189,900

Down Payment

25%

Rent

$1,300

Total Return

$34,993

Annualized Return

10.7%

Cap Rate

5.4%

Gross Yield

8.2%

Cash Flow

-$744

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,787

HOA

None

Flood Risk

Not Required

Welcome to this perfect 3-bedroom, 2-bathroom retreat! This home offers a separate primary bedroom with dual walk-in closets, ensuring ample space and privacy. With large closets in the remaining bedrooms and plenty of storage throughout, clutter is never a concern! Enjoy an abundance of natural light, a super clean interior, and a welcoming ambiance. Updates include a 2022 roof, 2019 water heater, and 2018 HVAC, along with added storm doors. Outside, the immaculate yard and recently redone deck provide the ideal backdrop for outdoor enjoyment. Don't miss out on this stylish, comfortable, and meticulously well-maintained home! -Agents See Remarks-

See more in Analysis
Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617

Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$3,290

Property Taxes

-$1,950

Loan Payments

-$10,324

Net Cash Flow

-$744

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Christen Schellenberg
Venture Realty Group - Cabot
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24010363
Last Updated: 03/28/2024 12:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.