217 E Woodruff Ave

Sherwood, AR 72120
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3 bd, 2 ba | 1,979 sqft | Built in 1961

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List Price
$179,000

Initial Investment

$48,778

Purchase Price

$179,000

Down Payment

25%

Rent

$1,540

Total Return

$52,930

Annualized Return

17.1%

Cap Rate

7.2%

Gross Yield

10.3%

Cash Flow

$2,467

Appreciation

4.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

32,670

HOA

None

Flood Risk

Not Required

3bd 2ba home on almost an acre! Walking distance to coffee shop and stores! Home has space for everyone! Split bedroom arrangement. Large dining space off kitchen with added cabinets and wet bar or could be used as another living space. Large laundry room with extra storage. Another bonus space off of the dining for additional living space or could be used as 4th bedroom! Large level backyard perfect for gardening, grilling and playing ball! New hvac.

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

Annual Financial Highlights

Expected Rent

$17,556

Expenses

-$3,357

Property Taxes

-$2,000

Loan Payments

-$9,731

Net Cash Flow

$2,467

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:Marci Richardson
Irealty Arkansas
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24012345
Last Updated: 04/12/2024 13:04
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.