512 N Slemons StMonticelloAR71655
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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 Monticello at 512 N Slemons St, Monticello, AR, 71655 uses $74,588 cash to close to unlock $2,397/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $1,552/mo, and a $1,101/mo payment keeps the spread at $200/mo. Purchase price stands at $225,000, and rental yield measures 8.28% with $1,552/mo rent. Return on cash invested shows 23.12% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 119.86% and total cumulative return in cash records $89,397. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,552/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71655, Monticello, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,813 (100%) |
| Owner Occupied HU | 3,613 (53.0%) |
| Renter Occupied HU | 2,236 (32.8%) |
| Vacant Housing Units | 964 (14.1%) |
| Median Home Value | $181,828 |
| Average Home Value | $217,542 |
Housing Distribution
Address Breakdown
Residential
6,542
Single Family
6,114
Multi-Family
428
Businesses
470
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Listed by: Connor Wilkerson • Wilkerson Real Estate Company
Mls Name: CARMLS
Mls Provider:
Mls ID: #24038265
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.