1109 N Spruce StLittle RockAR72205
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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
Investment property for sale in Little Rock at 1109 N Spruce St, Little Rock, AR, 72205 offers a 6.66% rental yield on a $360,000 purchase with $1,999/mo rent. 25% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 93.69% and total cumulative return in cash at $111,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,999/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72205, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,304 (100%) |
| Owner Occupied HU | 5,628 (45.7%) |
| Renter Occupied HU | 5,458 (44.4%) |
| Vacant Housing Units | 1,218 ( 9.9%) |
| Median Home Value | $229,663 |
| Average Home Value | $285,859 |
Housing Distribution
Address Breakdown
Residential
12,360
Single Family
9,675
Multi-Family
2,685
Businesses
1,324
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Listed by: Whitney McLellan • McLellan & Associates Real Estate Group
Mls Name: CARMLS
Mls ID: #26000269