120 E Palm StLonokeAR72086
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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 Lonoke at 120 E Palm St, Lonoke, AR, 72086 offers a 13.99% rental yield on a $114,000 purchase with $1,329/mo rent. Total monthly income registers $1,329/mo, and a $558/mo payment leaves $644/mo available for distribution. Annual cash flow reaches $7,724/yr on $37,791 to close, and return on cash invested stands at 40.35% in year one. Equity gained on principal adds $736/yr while 5% annual appreciation supports $31,496 over five years. Portfolio math shows five-year ROI at 212.26% and total cumulative return in cash at $80,215. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,329/mo property income against a $558/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72086, Lonoke, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,444 (100%) |
| Owner Occupied HU | 3,069 (69.1%) |
| Renter Occupied HU | 1,027 (23.1%) |
| Vacant Housing Units | 348 ( 7.8%) |
| Median Home Value | $213,330 |
| Average Home Value | $279,173 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,296
Multi-Family
38
Businesses
365
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