304 N Saint Joseph StMorriltonAR72110
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
Investment Highlights
Investment property for sale in Morrilton at 304 N Saint Joseph St, Morrilton, AR, 72110 uses $38,454 cash to close to unlock $7,811/yr annual cash flow and $651/mo monthly cash flow. Total monthly income runs $1,350/mo, and a $568/mo payment keeps the spread at $651/mo. Purchase price stands at $116,000, and rental yield measures 13.97% with $1,350/mo rent. Return on cash invested shows 40.22% in year one, and 5% annual appreciation builds toward $32,049 over five years. Five-year ROI reaches 211.54% and total cumulative return in cash records $81,347. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,350/mo property income covering a $568/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72110, Morrilton, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,486 (100%) |
| Owner Occupied HU | 3,190 (58.1%) |
| Renter Occupied HU | 1,637 (29.8%) |
| Vacant Housing Units | 659 (12.0%) |
| Median Home Value | $164,522 |
| Average Home Value | $198,505 |
Housing Distribution
Address Breakdown
Residential
4,966
Single Family
4,828
Multi-Family
138
Businesses
616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenice Boyd-Smith • Century 21 Parker & Scroggins Realty - Conway
Mls Name: CARMLS
Mls Provider:
Mls ID: #25033269
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.