424 School StMelbourneAR72556
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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
Rental property for sale in Melbourne at 424 School St, Melbourne, AR, 72556 generates $1,235/mo in rent and, after a $611/mo payment, leaves $485/mo in cash flow. Total monthly income is $1,235/mo, and annual cash flow is $5,814/yr on $41,404 invested. Return on cash invested sits at 33.95% in year one, and rental yield is 11.87% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 177.95% and total cumulative return in cash sums $73,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,235/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.45 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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