509 E Olive 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
Investment property for sale in Melbourne at 509 E Olive St, Melbourne, AR, 72556 with 5% annual appreciation on a $299,900 basis while $720/mo rent supports operations. 84% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 2.88%. Five-year ROI measures 32.55% and total cumulative return in cash totals $32,356. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $720/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
1 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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