Income Producing Rental Property for Sale Near Melbourne, Arkansas – 4 Rental Homes on 2.21 Acres Excellent investment opportunity in North Central Arkansas! Located just 1 mile outside of Melbourne, Arkansas, this income-producing rental property features four rental homes built in 2019, situated on 2.21 acres in a private country setting. There is a strong rental demand in Izard County, making this property a great opportunity for investors looking for steady rental income, long-term investment, or expansion potential. The land includes a mixture of efficient and low-maintenance homes. Two of the units are 1 bedroom, 1 bathroom with approximately 625 square feet, while the other two units offer 2 bedrooms, 1 bathroom with approximately 875 square feet of living space. Each rental includes a modern construction, mini splits for heat and air, blown in insulation, and included appliances. The units are currently rented, providing immediate income for the new owner. Priced to sell at $299,900. Call Roxanne Byram with United Country Ozark Realty at 870-291-0382 or 870-368-4155 today for more information.