259 Melissa DrPiggottAR72454
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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 Piggott at 259 Melissa Dr, Piggott, AR, 72454 generates $1,955/mo in rent and, after a $998/mo payment, leaves $729/mo in cash flow. Total monthly income is $1,955/mo, and annual cash flow is $8,750/yr on $67,626 invested. Return on cash invested sits at 32.85% in year one, and rental yield is 11.5% on a $204,000 entry. Equity gained on principal adds $1,316/yr, while 5% annual appreciation builds toward $56,361 over five years. Five-year ROI reaches 172.04% and total cumulative return in cash sums $116,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,955/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72454, Piggott, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,591 (100%) |
| Owner Occupied HU | 1,507 (58.2%) |
| Renter Occupied HU | 693 (26.7%) |
| Vacant Housing Units | 391 (15.1%) |
| Median Home Value | $130,893 |
| Average Home Value | $201,206 |
Housing Distribution
Address Breakdown
Residential
2,259
Single Family
2,204
Multi-Family
55
Businesses
185
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Listed by: Michael Harrell • Blue Sky Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25013436
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.