1209 Charles StParagouldAR72450
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1209 Charles St, Paragould, AR, 72450 in Paragould speaks for itself: 11.69% gross on a $144,000 price, generating $1,403/mo in rent and $537/mo in net income after the $648/mo debt service. DSCR 2.17, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,449 stacks alongside $39,785 in projected five-year appreciation and $1,326/yr in principal reduction. Projected total cumulative return: $89,094.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $537 | $350 |
City averages based on Paragould market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,403 |
| Total Monthly Debt Service | $808 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
7,841 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1940
7,841 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dustin Thomas • Halsey Thrasher Harpole
Mls Name: Northeast Arkansas BOR
Mls ID: #10120414
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.