515 Elm AveJonesboroAR72401
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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 Jonesboro at 515 Elm Ave, Jonesboro, AR, 72401 priced at $184,900 pairs $1,751/mo rent with $640/mo cash flow after a $905/mo payment. Total monthly income equals $1,751/mo, and annual cash flow comes to $7,674/yr on $61,294 invested. Return on cash invested is 32.43% in year one, and rental yield stands at 11.36% on a $184,900 basis. Equity gained on principal adds $1,193/yr, and 5% annual appreciation accumulates to $51,084 by year five. Five-year ROI measures 169.77% and total cumulative return in cash reaches $104,059. For financing, Ziffy Mortgage’s DSCR program evaluates $1,751/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
10,018 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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