12 Lenox RdNorth Little RockAR72120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in North Little Rock at 12 Lenox Rd, North Little Rock, AR, 72120 priced at $115,000 converts $1,084/mo rent into $393/mo cash flow after a $563/mo obligation. Total monthly income equals $1,084/mo, and annual cash flow totals $4,711/yr on $38,123 invested. Return on cash invested prints 32.27% in year one, and rental yield reads 11.31% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 168.93% and total cumulative return in cash sums $64,401. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,084/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72120, Sherwood, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,991 (100%) |
| Owner Occupied HU | 10,941 (68.4%) |
| Renter Occupied HU | 4,048 (25.3%) |
| Vacant Housing Units | 1,002 ( 6.3%) |
| Median Home Value | $259,734 |
| Average Home Value | $284,022 |
Housing Distribution
Address Breakdown
Residential
15,780
Single Family
14,145
Multi-Family
1,635
Businesses
718
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Troy Shelton • Simpli HOM
Mls Name: CARMLS
Mls ID: #26001009