404 Bone Island RdMelbourneAR72556
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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 Melbourne at 404 Bone Island Rd, Melbourne, AR, 72556 at $285,000 posts ROI 27.67% with $611/mo cash flow from $2,324/mo rent. Total monthly income equals $2,324/mo, and annual cash flow records $7,329/yr on $94,478 to close. Return on cash invested measures 27.67% and rental yield reads 9.79% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 144.22% and total cumulative return in cash totals $136,254.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,324/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
3.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72556, Melbourne, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,752 (100%) |
| Owner Occupied HU | 1,024 (58.4%) |
| Renter Occupied HU | 375 (21.4%) |
| Vacant Housing Units | 353 (20.1%) |
| Median Home Value | $181,169 |
| Average Home Value | $208,433 |
Housing Distribution
Address Breakdown
Residential
1,144
Single Family
1,144
Multi-Family
0
Businesses
185
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