3120 Race StJonesboroAR72401
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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 3120 Race St, Jonesboro, AR, 72401 with 5% annual appreciation on a $129,500 basis while $984/mo rent supports operations. Total monthly income totals $984/mo and a $634/mo payment preserves $205/mo for cash returns. Annual cash flow comes to $2,465/yr on $42,929 deployed, and return on cash invested reaches 25.65% in year one. Equity gained on principal adds $836/yr, and five-year appreciation sums $35,778 alongside rental yield of 9.12%. Five-year ROI measures 133.45% and total cumulative return in cash totals $57,290.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $984/mo property income versus a $634/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
7,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72401, Jonesboro, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,588 (100%) |
| Owner Occupied HU | 8,107 (41.4%) |
| Renter Occupied HU | 9,587 (48.9%) |
| Vacant Housing Units | 1,894 ( 9.7%) |
| Median Home Value | $214,106 |
| Average Home Value | $291,525 |
Housing Distribution
Address Breakdown
Residential
18,689
Single Family
17,741
Multi-Family
948
Businesses
2,467
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