1322 N Patrick StJonesboroAR72405
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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 1322 N Patrick St, Jonesboro, AR, 72405 offers a 9.25% rental yield on a $119,900 purchase with $924/mo rent. Total monthly income registers $924/mo, and a $587/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,437/yr on $39,747 to close, and return on cash invested stands at 26.04% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 135.59% and total cumulative return in cash at $53,892. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $924/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.74 Acres lot
$N/A/sqft
No HOA
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