157 N Spring StMelbourneAR72556
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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 Melbourne at 157 N Spring St, Melbourne, AR, 72556 listed at $615,000 pairs $971/mo rent with a $3,010/mo payment. Total monthly income runs $971/mo. Return on cash invested measures 3.89% in year one, and rental yield registers 1.89% at a $615,000 basis. Equity gained on principal adds $3,969/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 16.71% and total cumulative return in cash totals $33,809. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $971/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1860
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72556, Melbourne, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,752 (100%) |
| Owner Occupied HU | 1,024 (58.4%) |
| Renter Occupied HU | 375 (21.4%) |
| Vacant Housing Units | 353 (20.1%) |
| Median Home Value | $181,169 |
| Average Home Value | $208,433 |
Housing Distribution
Address Breakdown
Residential
1,144
Single Family
1,144
Multi-Family
0
Businesses
185
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