2004 Ashley StWalnut RidgeAR72476
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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 Walnut Ridge at 2004 Ashley St, Walnut Ridge, AR, 72476 uses $71,239 cash to close to unlock $3,912/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $1,618/mo, and a $1,052/mo payment keeps the spread at $326/mo. Purchase price stands at $214,900, and rental yield measures 9.03% with $1,618/mo rent. Return on cash invested shows 25.4% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 132.14% and total cumulative return in cash records $94,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,618/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72476, Walnut Ridge, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,065 (100%) |
| Owner Occupied HU | 1,654 (54.0%) |
| Renter Occupied HU | 1,022 (33.3%) |
| Vacant Housing Units | 389 (12.7%) |
| Median Home Value | $102,045 |
| Average Home Value | $142,291 |
Housing Distribution
Address Breakdown
Residential
2,989
Single Family
2,925
Multi-Family
64
Businesses
356
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Listed by: Larry Lamkin • CRYE-LEIKE, REALTORS Jonesboro
Mls Name: Northeast Arkansas BOR
Mls ID: #10124769