Jonesboro, AR Rental Home
For Sale
$552,000
4 Single Family Rental House Package, Jonesboro, AR 72401
MULTI_FAMILY - Jonesboro, AR
Property Size5,175 SF
Price / SF$106.67
Days on Market84
Property Features for 4 Single Family Rental House Package
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Multiple
Directions
Call Listing Agent
Standard status
Active
Size
5,175 SF
Building Details
Floors in Building
1
Number of units
4
Listing Agency:
Halsey Real Estate - Benton
(501) 575-9191
Listed By:
Zane Neves
(870) 530-7712
Added: May 8
Changed: May 28
Last Checked: Jul 30 at 4:06PM
MLS# 26020807
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This investor opportunity features a package of four single-family rental homes located throughout Jonesboro. The portfolio includes a mix of tenant-occupied and vacant properties, offering both immediate rental income and value-add potential. Properties included are 4703 Victoria Watts Place (3 bedrooms, 2 bathrooms, 1,166 square feet - tenant occupied), 2205 Circle Drive (2 bedrooms, 1 bathroom, 768 square feet - tenant occupied), 1925 W. Nettleton Ave (3 bedrooms, 2 bathrooms, 1,507 square feet - vacant), and 1915 Westwood Drive (3 bedrooms, 2.5 bathrooms, 1,734 square feet - vacant). The total property size is 5,175 square feet. This is a great opportunity for investors seeking to expand their rental portfolio, offering a combination of stabilized income and lease-up potential. Additional information is available upon request.
Key Highlights
- Package of four single‑family rental homes
- Mix of tenant‑occupied and vacant properties
- Immediate rental income from occupied properties
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.2k | $11.64 |
| − Vacancy | −$3.8k | −$0.73 |
| EGI | $56.4k | $10.91 |
| − OpEx | −$25.4k | −$4.91 |
| NOI | $31.0k | $6.00 |
5,175 SF · lease $11.64/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$443.5K
$388.0K – $517.4K
NOI $31,043 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$906.0K
$792.8K – $1.06M
NOI $63,420 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
Explore this area
Business Placement
Demographics for 72401, AR
43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Four single-family homes for investors in Jonesboro, Arkansas.
Where is this single family property located?
The property is located at 4 Single Family Rental House Package Jonesboro, AR.
What is the asking price?
The asking price for this property is $552,000.
What are key features of this property?
This property features: Package of four single‑family rental homes; Mix of tenant‑occupied and vacant properties; Immediate rental income from occupied properties
