3623 Lacoste 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
Investment property for sale in Jonesboro at 3623 Lacoste Dr, Jonesboro, AR, 72404 offers a 9.43% rental yield on a $699,900 purchase with $5,500/mo rent. Total monthly income registers $5,500/mo, and a $3,426/mo payment leaves $1,292/mo available for distribution. Annual cash flow reaches $15,509/yr on $230,267 to close, and return on cash invested stands at 26.8% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 139.51% and total cumulative return in cash at $321,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,500/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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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