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About This Home
This 5-bedroom, 3-bathroom single family at 1428 Five Mile Road in Drasco, AR is listed for $350,000 ($177 per sqft). the home offers 1,980 sqft of living space on a 8.00 acres lot.
This one is PACKED with POTENTIAL! If you've been searching for a property with serious rental potential, this one checks the boxes. Situated on 8 +/- scenic acres complete with a large pond, this unique setup offers three separate residential rental opportunities plus eight storage units - creating multiple avenues for consistent income.
The property includes a 5-bedroom mobile home, ideal for a large family rental or workforce housing. With the size alone, this unit could command strong monthly rent compared to typical single-family properties in the area. Also on the property is a 2-bedroom block home, offering a more traditional rental option.
This could serve as a long-term rental, short-term rental, or even on-site manager housing depending on your investment strategy. The large shop building has a 2-bedroom apartment, along with 8 storage units, plus a spacious shop area perfect for equipment, business use, or hobbies. Don't snooze on this investment opportunity! Bank owned.
Key Features
- 8.00 acre lot
Property Details
Monthly Cost Estimate
$1,872/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1428 Five Mile Road
Drasco, AR 72530
Metes & Bounds
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Questions & Answers
This 5-bedroom, 3-bathroom single family at 1428 Five Mile Road is listed at $350,000 ($177/sqft). The estimated monthly payment is $1,517 based on 20% down at 6.5% interest.
Key features include: 8.00 acre lot. Exterior Features: Deck, Porch, Storm Cellar.
This property is listed by Sarah Perkins and can be reached at 5016912600 or sperkins@mossyoakproperties.com.