1505 Franklin StJonesboroAR72401
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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
Rental property for sale in Jonesboro at 1505 Franklin St, Jonesboro, AR, 72401 priced at $135,900 converts $1,057/mo rent into $240/mo cash flow after a $665/mo obligation. Total monthly income equals $1,057/mo, and annual cash flow totals $2,883/yr on $45,051 invested. Return on cash invested prints 26.31% in year one, and rental yield reads 9.33% against a $135,900 entry. Equity gained on principal adds $877/yr, while 5% annual appreciation compiles into $37,547 by year five. Five-year ROI reaches 137.01% and total cumulative return in cash sums $61,723. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,057/mo property income covering a $665/mo payment, not borrower’s personal income.
Single Family
Built in N/A
9,147 sqft 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: Carol L Schreiner • Coldwell Banker Village Communities
Mls Name: CARMLS
Mls Provider:
Mls ID: #25017070
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