1104 Goodwin CirWest MemphisAR72301
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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 West Memphis at 1104 Goodwin Cir, West Memphis, AR, 72301 listed at $135,900 pairs $1,336/mo rent with a $665/mo payment to leave $519/mo cash flow. Total monthly income runs $1,336/mo, and annual cash flow reaches $6,231/yr on $45,051 cash to close. Return on cash invested measures 33.74% in year one, and rental yield registers 11.8% at a $135,900 basis. Equity gained on principal adds $877/yr, and annual property appreciation at 5% supports $37,547 by year five. Five-year ROI tracks 176.86% and total cumulative return in cash totals $79,675. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,336/mo property income relative to a $665/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72301, West Memphis, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 4,340 (39.6%) |
| Renter Occupied HU | 5,326 (48.6%) |
| Vacant Housing Units | 1,297 (11.8%) |
| Median Home Value | $138,388 |
| Average Home Value | $160,679 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
8,952
Multi-Family
784
Businesses
1,073
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Listed by: Carolyn Stanley • Crye-leike Realtors
Mls Name: Eastern Arkansas Realtors Association
Mls ID: #43683