2309 Brazos StJonesboroAR72401
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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 Jonesboro at 2309 Brazos St, Jonesboro, AR, 72401 uses $39,780 cash to close to unlock $7,488/yr annual cash flow and $624/mo monthly cash flow. Total monthly income runs $1,345/mo, and a $587/mo payment keeps the spread at $624/mo. Purchase price stands at $120,000, and rental yield measures 13.45% with $1,345/mo rent. Return on cash invested shows 38.73% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 203.52% and total cumulative return in cash records $80,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,345/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No 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
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Listed by: Trenton Hoggard • Century 21 Portfolio
Mls Name: Northeast Arkansas BOR
Mls ID: #10123949
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.