3204 River Grove CirWest MemphisAR72301
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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 West Memphis at 3204 River Grove Cir, West Memphis, AR, 72301 earns $302/mo cash flow from $3,218/mo rent with a $2,374/mo payment. Total monthly income totals $3,218/mo, and annual cash flow totals $3,629/yr on $160,778 capital. ROI tracks 22.17% on current figures, and rental yield reads 7.96% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 114.73% and total cumulative return in cash sums $184,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,218/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72301, West Memphis, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 4,340 (39.6%) |
| Renter Occupied HU | 5,326 (48.6%) |
| Vacant Housing Units | 1,297 (11.8%) |
| Median Home Value | $138,388 |
| Average Home Value | $160,679 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
8,952
Multi-Family
784
Businesses
1,073
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Listed by: Russell Wren Jr. • Coldwell Banker Village Communities
Mls Name: CARMLS
Mls ID: #25040877