124 W College Ave #A & BMonticelloAR71655
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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 Monticello at 124 W College Ave #A & B, Monticello, AR, 71655 offers a 9.04% rental yield on a $105,000 purchase with $791/mo rent. Total monthly income registers $791/mo, and a $514/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,917/yr on $34,808 to close, and return on cash invested stands at 25.42% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 132.18% and total cumulative return in cash at $46,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $791/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2018
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71655, Monticello, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,813 (100%) |
| Owner Occupied HU | 3,613 (53.0%) |
| Renter Occupied HU | 2,236 (32.8%) |
| Vacant Housing Units | 964 (14.1%) |
| Median Home Value | $181,828 |
| Average Home Value | $217,542 |
Housing Distribution
Address Breakdown
Residential
6,542
Single Family
6,114
Multi-Family
428
Businesses
470
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Listed by: Michelle Fakouri • Trademark Real Estate, Inc.
Mls Name: HSDS
Mls ID: #153270