223 S Church StJonesboroAR72401
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 Jonesboro at 223 S Church St, Jonesboro, AR, 72401 priced at $175,000 converts $1,722/mo rent into $525/mo cash flow after a $857/mo obligation. Total monthly income equals $1,722/mo, and annual cash flow totals $6,295/yr on $58,013 invested. Return on cash invested prints 30.76% in year one, and rental yield reads 11.81% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 161.91% and total cumulative return in cash sums $93,931. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,722/mo property income covering a $857/mo payment, not borrower’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$145 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72401, Jonesboro, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,588 (100%) |
| Owner Occupied HU | 8,107 (41.4%) |
| Renter Occupied HU | 9,587 (48.9%) |
| Vacant Housing Units | 1,894 ( 9.7%) |
| Median Home Value | $214,106 |
| Average Home Value | $291,525 |
Housing Distribution
Address Breakdown
Residential
18,689
Single Family
17,741
Multi-Family
948
Businesses
2,467
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsey Reeves • Westbrook & Reeves Real Estate
Mls Name: Northeast Arkansas BOR
Mls ID: #10122060
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.