1506 Golf Course DrJonesboroAR72404
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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 1506 Golf Course Dr, Jonesboro, AR, 72404 listed at $189,900 pairs $1,451/mo rent with a $929/mo payment to leave $310/mo cash flow. Total monthly income runs $1,451/mo, and annual cash flow reaches $3,719/yr on $62,952 cash to close. Return on cash invested measures 25.82% in year one, and rental yield registers 9.17% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 134.28% and total cumulative return in cash totals $84,533. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,451/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72404, Jonesboro, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,165 (100%) |
| Owner Occupied HU | 7,445 (56.6%) |
| Renter Occupied HU | 4,877 (37.0%) |
| Vacant Housing Units | 843 ( 6.4%) |
| Median Home Value | $284,516 |
| Average Home Value | $351,232 |
Housing Distribution
Address Breakdown
Residential
12,801
Single Family
11,111
Multi-Family
1,690
Businesses
581
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Listed by: Kristin Austin • Coldwell Banker Village Communities
Mls Name: CARMLS
Mls Provider:
Mls ID: #25037552
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