2303 E Lake StParagouldAR72450
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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 Paragould at 2303 E Lake St, Paragould, AR, 72450 priced at $130,000 converts $992/mo rent into $211/mo cash flow after a $636/mo obligation. Total monthly income equals $992/mo, and annual cash flow totals $2,530/yr on $43,095 invested. Return on cash invested prints 25.78% in year one, and rental yield reads 9.16% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 134.11% and total cumulative return in cash sums $57,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $992/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72450, Paragould, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,332 (100%) |
| Owner Occupied HU | 10,374 (59.9%) |
| Renter Occupied HU | 5,730 (33.1%) |
| Vacant Housing Units | 1,228 ( 7.1%) |
| Median Home Value | $202,019 |
| Average Home Value | $227,450 |
Housing Distribution
Address Breakdown
Residential
16,924
Single Family
16,288
Multi-Family
636
Businesses
1,128
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Listed by: Whitney Felty Dwyer • IMAGE Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25015260
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