608 N Washington St,Magnolia,AR,71753

Investment Highlights

Rental property for sale in Magnolia at 608 N Washington St, Magnolia, AR, 71753 offers $1,918/mo rent that, after a $978/mo payment, leaves $717/mo cash flow. Total monthly income is $1,918/mo, and annual cash flow is $8,601/yr on $66,267 cash. Return on cash invested measures 32.89% in year one, and rental yield stands at 11.51% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 172.23% and total cumulative return in cash reaches $114,133. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,918/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.