1906 S Highway 161
Jacksonville, AR 72076
List Price
$149,900
Initial Investment
$40,848Purchase Price
$149,900
Down Payment
25%
Rent
$1,510
Total Return
$74,103
Annualized Return
25.7%
Cap Rate
8.5%
Gross Yield
12.1%
Cash Flow
$3,697
Appreciation
6.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Discover a rare gem that combines residential charm with commercial potential! Zoned C-3! Whether you're looking for a home, investment, or business space, this adorable property has it all. With ample parking, a large yard, and a host of recent upgrades, it’s ready for your vision. list of improvements: 2021: New on-demand hot water heater 2022: New AC units 2022: Insulated and drywalled multiple rooms 2022: Roof replacement New faucets and door hardware for a fresh look Security system for peace of mind A shed also conveys, perfect for extra storage or projects. Don’t miss out on this unique opportunity—schedule a tour today! Agents see remarks
See more in Analysis
Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617
Annual Financial Highlights
Expected Rent
$17,214Expenses
-$3,768Property Taxes
-$1,600Loan Payments
-$8,149Net Cash Flow
$3,697See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Similar Listings
Listing Courtesy of:Kelly Fernandez
IRealty Arkansas - Sherwood
IRealty Arkansas - Sherwood
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24040341
Last Updated: 11/06/2024 00:11
MLS #24040341
Last Updated: 11/06/2024 00:11