1120 W Monroe AveJonesboroAR72401
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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 Jonesboro at 1120 W Monroe Ave, Jonesboro, AR, 72401 uses $39,614 cash to close to unlock $5,407/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $1,169/mo, and a $585/mo payment keeps the spread at $451/mo. Purchase price stands at $119,500, and rental yield measures 11.74% with $1,169/mo rent. Return on cash invested shows 33.56% in year one, and 5% annual appreciation builds toward $33,016 over five years. Five-year ROI reaches 175.83% and total cumulative return in cash records $69,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,169/mo property income covering a $585/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72401, Jonesboro, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,588 (100%) |
| Owner Occupied HU | 8,107 (41.4%) |
| Renter Occupied HU | 9,587 (48.9%) |
| Vacant Housing Units | 1,894 ( 9.7%) |
| Median Home Value | $214,106 |
| Average Home Value | $291,525 |
Housing Distribution
Address Breakdown
Residential
18,689
Single Family
17,741
Multi-Family
948
Businesses
2,467
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Listed by: David W White • Coldwell Banker Village Communities
Mls Name: CARMLS
Mls Provider:
Mls ID: #25017197
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