2323 Summit Oaks CvJonesboroAR72404
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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 2323 Summit Oaks Cv, Jonesboro, AR, 72404 listed at $1,265,000 pairs $6,989/mo rent with a $6,192/mo payment. Total monthly income runs $6,989/mo. Return on cash invested measures 18.57% in year one, and rental yield registers 6.63% at a $1,265,000 basis. Equity gained on principal adds $8,163/yr, and annual property appreciation at 5% supports $349,496 by year five. Five-year ROI tracks 95.32% and total cumulative return in cash totals $390,667. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,989/mo property income relative to a $6,192/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72404, Jonesboro, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,165 (100%) |
| Owner Occupied HU | 7,445 (56.6%) |
| Renter Occupied HU | 4,877 (37.0%) |
| Vacant Housing Units | 843 ( 6.4%) |
| Median Home Value | $284,516 |
| Average Home Value | $351,232 |
Housing Distribution
Address Breakdown
Residential
12,801
Single Family
11,111
Multi-Family
1,690
Businesses
581
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