602 Joyner LoopLonokeAR72086
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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 Lonoke at 602 Joyner Loop, Lonoke, AR, 72086 offers a 9.98% rental yield on a $150,000 purchase with $1,248/mo rent. Total monthly income registers $1,248/mo, and a $734/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,158/yr on $49,725 to close, and return on cash invested stands at 28.27% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 147.51% and total cumulative return in cash at $73,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,248/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72086, Lonoke, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,444 (100%) |
| Owner Occupied HU | 3,069 (69.1%) |
| Renter Occupied HU | 1,027 (23.1%) |
| Vacant Housing Units | 348 ( 7.8%) |
| Median Home Value | $213,330 |
| Average Home Value | $279,173 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,296
Multi-Family
38
Businesses
365
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Listed by: Laceann J Erwin • Blair & Co. Realtors
Mls Name: CARMLS
Mls Provider:
Mls ID: #25027372
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.