2008 Cordie Dr,Mena,AR,71953

Investment Highlights

Investment property for sale in Mena at 2008 Cordie Dr, Mena, AR, 71953 uses $120,998 cash to close to unlock $1,805/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $2,344/mo, and a $1,786/mo payment keeps the spread at $150/mo. Purchase price stands at $365,000, and rental yield measures 7.71% with $2,344/mo rent. Return on cash invested shows 21.4% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 110.63% and total cumulative return in cash records $133,855. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,344/mo property income covering a $1,786/mo payment rather than investor’s personal income.