3123 Fairview DrJonesboroAR72401
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
Rental property for sale in Jonesboro at 3123 Fairview Dr, Jonesboro, AR, 72401 priced at $183,900 converts $1,436/mo rent into $331/mo cash flow after a $900/mo obligation. Total monthly income equals $1,436/mo, and annual cash flow totals $3,968/yr on $60,963 invested. Return on cash invested prints 26.42% in year one, and rental yield reads 9.37% against a $183,900 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation compiles into $50,808 by year five. Five-year ROI reaches 137.52% and total cumulative return in cash sums $83,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,436/mo property income covering a $900/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Candence Brooks • Keller Williams Realty
Mls Name: Northeast Arkansas BOR
Mls ID: #10120596
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. Information is deemed reliable but not guaranteed.