407 Freeman StJonesboroAR72401
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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 407 Freeman St, Jonesboro, AR, 72401 offers a 10.32% rental yield on a $143,000 purchase with $1,230/mo rent. Total monthly income registers $1,230/mo, and a $700/mo payment leaves $370/mo available for distribution. Annual cash flow reaches $4,444/yr on $47,405 to close, and return on cash invested stands at 29.28% in year one. Equity gained on principal adds $923/yr while 5% annual appreciation supports $39,508 over five years. Portfolio math shows five-year ROI at 152.96% and total cumulative return in cash at $72,508. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,230/mo property income against a $700/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72401, Jonesboro, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,588 (100%) |
| Owner Occupied HU | 8,107 (41.4%) |
| Renter Occupied HU | 9,587 (48.9%) |
| Vacant Housing Units | 1,894 ( 9.7%) |
| Median Home Value | $214,106 |
| Average Home Value | $291,525 |
Housing Distribution
Address Breakdown
Residential
18,689
Single Family
17,741
Multi-Family
948
Businesses
2,467
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