609 S 37th StParagouldAR72450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Paragould at 609 S 37th St, Paragould, AR, 72450 generates $1,836/mo in rent, after a $1,806/mo payment. Total monthly income is $1,836/mo. Return on cash invested sits at 15.96% in year one, and rental yield is 5.97% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 81.52% and total cumulative return in cash sums $99,723. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,836/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72450, Paragould, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,332 (100%) |
| Owner Occupied HU | 10,374 (59.9%) |
| Renter Occupied HU | 5,730 (33.1%) |
| Vacant Housing Units | 1,228 ( 7.1%) |
| Median Home Value | $202,019 |
| Average Home Value | $227,450 |
Housing Distribution
Address Breakdown
Residential
16,924
Single Family
16,288
Multi-Family
636
Businesses
1,128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Woods • Tract & Frame Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25011928
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.