702 Freeman StJonesboroAR72401
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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 Jonesboro at 702 Freeman St, Jonesboro, AR, 72401 uses $39,747 cash to close to unlock $2,665/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $943/mo, and a $587/mo payment keeps the spread at $222/mo. Purchase price stands at $119,900, and rental yield measures 9.44% with $943/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 138.7% and total cumulative return in cash records $55,128. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $943/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72401, Jonesboro, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,588 (100%) |
| Owner Occupied HU | 8,107 (41.4%) |
| Renter Occupied HU | 9,587 (48.9%) |
| Vacant Housing Units | 1,894 ( 9.7%) |
| Median Home Value | $214,106 |
| Average Home Value | $291,525 |
Housing Distribution
Address Breakdown
Residential
18,689
Single Family
17,741
Multi-Family
948
Businesses
2,467
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