321 Crestfield DrJonesboroAR72404
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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
Rental property for sale in Jonesboro at 321 Crestfield Dr, Jonesboro, AR, 72404 generates $1,890/mo in rent and, after a $1,246/mo payment, leaves $360/mo in cash flow. Total monthly income is $1,890/mo, and annual cash flow is $4,318/yr on $84,367 invested. Return on cash invested sits at 25.03% in year one, and rental yield is 8.91% on a $254,500 entry. Equity gained on principal adds $1,642/yr, while 5% annual appreciation builds toward $70,314 over five years. Five-year ROI reaches 130.05% and total cumulative return in cash sums $109,723. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,890/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72404, Jonesboro, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,165 (100%) |
| Owner Occupied HU | 7,445 (56.6%) |
| Renter Occupied HU | 4,877 (37.0%) |
| Vacant Housing Units | 843 ( 6.4%) |
| Median Home Value | $284,516 |
| Average Home Value | $351,232 |
Housing Distribution
Address Breakdown
Residential
12,801
Single Family
11,111
Multi-Family
1,690
Businesses
581
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Listed by: Paula Westbrook • Westbrook & Reeves Real Estate
Mls Name: Northeast Arkansas BOR
Mls ID: #10122934
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.