404 Melton DrLonokeAR72086
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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 Lonoke at 404 Melton Dr, Lonoke, AR, 72086 listed at $119,900 pairs $908/mo rent with a $587/mo payment to leave $159/mo cash flow. Total monthly income runs $908/mo, and annual cash flow reaches $1,907/yr on $39,747 cash to close. Return on cash invested measures 24.71% in year one, and rental yield registers 9.09% at a $119,900 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,126 by year five. Five-year ROI tracks 128.67% and total cumulative return in cash totals $51,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $908/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72086, Lonoke, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,444 (100%) |
| Owner Occupied HU | 3,069 (69.1%) |
| Renter Occupied HU | 1,027 (23.1%) |
| Vacant Housing Units | 348 ( 7.8%) |
| Median Home Value | $213,330 |
| Average Home Value | $279,173 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,296
Multi-Family
38
Businesses
365
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Listed by: Barbara Shown • CENTURY 21 Real Estate Unlimited
Mls Name: CARMLS
Mls Provider:
Mls ID: #25033038
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