120 Texas AveNorth Little RockAR72118
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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
Rental property for sale in North Little Rock at 120 Texas Ave, North Little Rock, AR, 72118 offers $1,381/mo rent that, after a $612/mo payment, leaves $629/mo cash flow. Total monthly income is $1,381/mo, and annual cash flow is $7,553/yr on $41,438 cash. Return on cash invested measures 38.14% in year one, and rental yield stands at 13.26% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 200.41% and total cumulative return in cash reaches $83,045. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,381/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72118, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,046 (100%) |
| Owner Occupied HU | 5,080 (50.6%) |
| Renter Occupied HU | 3,927 (39.1%) |
| Vacant Housing Units | 1,039 (10.3%) |
| Median Home Value | $153,783 |
| Average Home Value | $209,146 |
Housing Distribution
Address Breakdown
Residential
9,855
Single Family
8,734
Multi-Family
1,121
Businesses
592
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Listed by: Kelly McConnell • Jon Underhill Real Estate
Mls Name: CARMLS
Mls Provider:
Mls ID: #25014376
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.