514 Greg Drive, Paragould, AR 72450 (MLS # 10122903)
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Affordable, cash-flowing investment opportunities like this don't come around often. Priced at just $300,000, this investment package in Paragould, Arkansas includes four tenant-occupied single-family homes and three vacant lotsall located in areas with consistent rental demand. The properties currently bring in a gross monthly income of $3,150, offering a strong 12.6% annual return from day one. Each home is rented by long-term tenants, providing reliable income with room for rent optimization and basic value-add improvements. The three vacant lots offer additional upsidewhether you choose to build affordable housing, hold for appreciation, or sell individually. Paragould's low property taxes, minimal competition, and steady need for affordable rentals make this a smart addition to any portfolio focused on steady, income-generating assets. Whether you're just starting out or expanding your holdings, this is an ideal turnkey package in a growing, investor-friendly market. Reach out today for more information. Addresses are 514, 602, 612, and 617 Greg St.
| DAYS ON MARKET | 10 | LAST UPDATED | 6/24/2025 |
|---|---|---|---|
| TRACT | N/A | YEAR BUILT | 0 |
| COUNTY | Greene | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Paragould |
|---|---|
| Jr. High School | Paragould |
| High School | Paragould |
| ADDITIONAL DETAILS | |
| LOT | 1742 sq ft |
|---|---|
| SEWER | Public Sewer |
| SUBDIVISION | N/A |
| TAXES | 1 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Dustin White Realty
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