301 E Shelton StMonticelloAR71655
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 301 E Shelton St, Monticello, AR, 71655 in Monticello, $103,000, 9.51% gross yield, $197/mo net income. Consider it a market-entry position, the $816/mo rent covers the $463/mo payment with a margin, and 5%/yr appreciation is projected to add $28,457 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.76) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $51,655.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.0% |
| Monthly Cash Flow | $197 | $1,500 |
City averages based on Monticello market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $816 |
| Total Monthly Debt Service | $578 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2001
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71655, Monticello, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,813 (100%) |
| Owner Occupied HU | 3,613 (53.0%) |
| Renter Occupied HU | 2,236 (32.8%) |
| Vacant Housing Units | 964 (14.1%) |
| Median Home Value | $181,828 |
| Average Home Value | $217,542 |
Housing Distribution
Address Breakdown
Residential
6,542
Single Family
6,114
Multi-Family
428
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2001
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71655, Monticello, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,813 (100%) |
| Owner Occupied HU | 3,613 (53.0%) |
| Renter Occupied HU | 2,236 (32.8%) |
| Vacant Housing Units | 964 (14.1%) |
| Median Home Value | $181,828 |
| Average Home Value | $217,542 |
Housing Distribution
Address Breakdown
Residential
6,542
Single Family
6,114
Multi-Family
428
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared McCain • Cass Martin Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #24037478
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.