6605 Evan CvJonesboroAR72404
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 6605 Evan Cv, Jonesboro, AR, 72404 in Jonesboro. Rental yield 6.38%. The 1.18 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $105,595 and $3,520/yr in principal reduction project total return of $124,329.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 10.2% |
| Monthly Cash Flow | $(320) | $1,250 |
City averages based on Jonesboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,033 |
| Total Monthly Debt Service | $2,201 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
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
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
Single Family
Built in 2022
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
Listed by: Beth Crockett • Mark Morris Realty
Mls Name: Northeast Arkansas BOR
Mls ID: #10121419
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. Information is deemed reliable but not guaranteed.