213 Melrose DrTrumannAR72472
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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
Rental property for sale in Trumann at 213 Melrose Dr, Trumann, AR, 72472 priced at $139,900 converts $1,105/mo rent into $264/mo cash flow after a $685/mo obligation. Total monthly income equals $1,105/mo, and annual cash flow totals $3,165/yr on $46,377 invested. Return on cash invested prints 26.73% in year one, and rental yield reads 9.48% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 139.24% and total cumulative return in cash sums $64,575. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,105/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1977
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72472, Trumann, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,048 (100%) |
| Owner Occupied HU | 2,173 (53.7%) |
| Renter Occupied HU | 1,505 (37.2%) |
| Vacant Housing Units | 370 ( 9.1%) |
| Median Home Value | $127,115 |
| Average Home Value | $153,564 |
Housing Distribution
Address Breakdown
Residential
3,762
Single Family
3,726
Multi-Family
36
Businesses
309
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