1409 Misty Dr

Benton, AR 72019
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2 bd, 2 ba | 1,661 sqft | Built in 1983

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List Price
$230,000

Initial Investment

$62,675

Purchase Price

$230,000

Down Payment

25%

Rent

$1,520

Total Return

$81,248

Annualized Return

18.1%

Cap Rate

5.6%

Gross Yield

7.9%

Cash Flow

-$360

Appreciation

6.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

15,645

HOA

None

Flood Risk

Not Required

This thoughtfully designed home features an open floor plan, beautiful brick flooring, and abundant natural light that pours in from well-placed windows, creating a warm and inviting atmosphere. A spiral staircase adds architectural interest and style that leads to an upper level with a sitting area, bathroom, and bedroom. Plenty of space to sit outside and enjoy nature as well! Dual parking, in front of main house, & drive way to garage. Whether you're seeking a guest suite, home office, or a savvy income-producing rental, this studio like living quarters above the garage detached from the main house offers flexibility to suit your needs. Studio above garage is aprox 468 sf, main house 1661 Don’t miss out on this distinctive property with incredible potential—schedule your showing today!

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

Annual Financial Highlights

Expected Rent

$17,328

Expenses

-$3,084

Property Taxes

-$2,100

Loan Payments

-$12,504

Net Cash Flow

-$360

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:Brittany Rasdon
IRealty Arkansas - Benton
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #25014668
Last Updated: 04/19/2025 15:04
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