61 Willow Lk

Ward, AR 72176
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3 bd, 2 ba | 1,392 sqft | Built in 2008

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List Price
$194,500

Initial Investment

$53,001

Purchase Price

$194,500

Down Payment

25%

Rent

$1,310

Total Return

$39,367

Annualized Return

11.8%

Cap Rate

5.7%

Gross Yield

8.1%

Cash Flow

-$98

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,890

HOA

None

Flood Risk

High Risk - Zone AE

Come check out this great home located in Ward, AR. This property includes three bedrooms and two full bathrooms. You are welcomed with a large living area that is flooded with natural light and has a tray ceiling. The kitchen is complete with SS appliances and a large pantry. The primary suite is separate and has a jetted tub, double vanity, a walk-in shower and walk-in closet. The large backyard is fully fenced and has a lovely, covered patio and a play set for the children. The large laundry room and oversized garage with extra storage area or could be a workspace. This turn-key property is ready for you to make your home just in time for the holidays. Don't forget to walk over and take a look at the relaxing neighborhood lake. NEW ROOF, FENCE, LIVING ROOM FLOORING and HVAC in 2022. New paint 10/2024.

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

Annual Financial Highlights

Expected Rent

$14,934

Expenses

-$2,658

Property Taxes

-$1,800

Loan Payments

-$10,574

Net Cash Flow

-$98

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:Amber Wood
Mid South Realty
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24038673
Last Updated: 10/22/2024 02:10
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.