420 W Cherry AveJonesboroAR72401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 420 W Cherry Ave, Jonesboro, AR, 72401 earns $345/mo cash flow from $1,427/mo rent with a $881/mo payment. Total monthly income totals $1,427/mo, and annual cash flow totals $4,141/yr on $59,637 capital. ROI tracks 26.85% on current figures, and rental yield reads 9.52% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 139.94% and total cumulative return in cash sums $83,457. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,427/mo property income instead of your personal income.
Single Family
Built in N/A
8,699 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Crockett • Mark Morris Realty
Mls Name: Northeast Arkansas BOR
Mls ID: #10122445
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.