1015 S 2nd AveParagouldAR72450
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Paragould at 1015 S 2nd Ave, Paragould, AR, 72450 listed at $359,900 pairs $1,270/mo rent with a $1,762/mo payment. Total monthly income runs $1,270/mo. Return on cash invested measures 10.92% in year one, and rental yield registers 4.23% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 54.42% and total cumulative return in cash totals $64,922. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,270/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72450, Paragould, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,332 (100%) |
| Owner Occupied HU | 10,374 (59.9%) |
| Renter Occupied HU | 5,730 (33.1%) |
| Vacant Housing Units | 1,228 ( 7.1%) |
| Median Home Value | $202,019 |
| Average Home Value | $227,450 |
Housing Distribution
Address Breakdown
Residential
16,924
Single Family
16,288
Multi-Family
636
Businesses
1,128
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Listed by: Dustin Thomas • Halsey Thrasher Harpole
Mls Name: Northeast Arkansas BOR
Mls ID: #10120392
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.