6400 Merrell DrJonesboroAR72404
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 Jonesboro at 6400 Merrell Dr, Jonesboro, AR, 72404 generates $2,882/mo in rent and, after a $2,051/mo payment, leaves $363/mo in cash flow. Total monthly income is $2,882/mo, and annual cash flow is $4,357/yr on $138,899 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 8.25% on a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 119.45% and total cumulative return in cash sums $165,917. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,882/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72404, Jonesboro, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,165 (100%) |
| Owner Occupied HU | 7,445 (56.6%) |
| Renter Occupied HU | 4,877 (37.0%) |
| Vacant Housing Units | 843 ( 6.4%) |
| Median Home Value | $284,516 |
| Average Home Value | $351,232 |
Housing Distribution
Address Breakdown
Residential
12,801
Single Family
11,111
Multi-Family
1,690
Businesses
581
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices