162 E College AveMonticelloAR71655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Monticello at 162 E College Ave, Monticello, AR, 71655 priced at $185,000 converts $1,460/mo rent into $348/mo cash flow after a $905/mo obligation. Total monthly income equals $1,460/mo, and annual cash flow totals $4,181/yr on $61,328 invested. Return on cash invested prints 26.73% in year one, and rental yield reads 9.47% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 139.2% and total cumulative return in cash sums $85,371. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,460/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1934
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vee Patel • The Patel Group | Real Estate
Mls Name: CARMLS
Mls ID: #25028198