724 Edgemont CirJonesboroAR72401
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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
Rental property for sale in Jonesboro at 724 Edgemont Cir, Jonesboro, AR, 72401 generates $1,680/mo in rent and, after a $1,341/mo payment, leaves $12/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $147/yr on $90,828 invested. Return on cash invested sits at 20.07% in year one, and rental yield is 7.36% on a $273,990 entry. Equity gained on principal adds $1,768/yr, while 5% annual appreciation builds toward $75,698 over five years. Five-year ROI reaches 103.63% and total cumulative return in cash sums $94,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
$250 annually 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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Listed by: Ashlyn Clayton • D.R. Horton Memphis
Mls Name: CARMLS
Mls Provider:
Mls ID: #25013206
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.