603 Howard St,Magnolia,AR,71753

Investment Highlights

Rental property for sale in Magnolia at 603 Howard St, Magnolia, AR, 71753 offers $1,032/mo rent that, after a $636/mo payment, leaves $229/mo cash flow. Total monthly income is $1,032/mo, and annual cash flow is $2,752/yr on $43,062 cash. Return on cash invested measures 26.3% in year one, and rental yield stands at 9.53% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 137.18% and total cumulative return in cash reaches $59,071. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,032/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.