2803 Newcastle DrParagouldAR72450
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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
Total monthly income runs $1,344/mo, and a $1,630/mo payment. Purchase price stands at $333,000, and rental yield measures 4.84% with $1,344/mo rent. Return on cash invested shows 12.76% in year one, and 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 64.29% and total cumulative return in cash records $70,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,344/mo property income covering a $1,630/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.31 Acres 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: Carolyn Hurley Block • Coldwell Banker Real Estate Group
Mls Name: CARMLS
Mls Provider:
Mls ID: #25025235
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