616 Tulane DrWest MemphisAR72301
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
Investment property for sale in West Memphis at 616 Tulane Dr, West Memphis, AR, 72301 earns $218/mo cash flow from $909/mo rent with a $563/mo payment. Total monthly income totals $909/mo, and annual cash flow totals $2,611/yr on $38,123 capital. ROI tracks 26.76% on current figures, and rental yield reads 9.49% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 139.41% and total cumulative return in cash sums $53,145. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $909/mo property income instead of your personal income.
Single Family
Built in 1967
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72301, West Memphis, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 4,340 (39.6%) |
| Renter Occupied HU | 5,326 (48.6%) |
| Vacant Housing Units | 1,297 (11.8%) |
| Median Home Value | $138,388 |
| Average Home Value | $160,679 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
8,952
Multi-Family
784
Businesses
1,073
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11614700