1215 Old Charter CtLittle RockAR72211
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1215 Old Charter Ct, Little Rock, AR, 72211 in Little Rock speaks for itself: 11.65% gross on a $304,000 price, generating $2,951/mo in rent and $1,116/mo in net income after the $1,367/mo debt service. DSCR 2.16, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,397 stacks alongside $83,990 in projected five-year appreciation and $2,800/yr in principal reduction. Projected total cumulative return: $187,354.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 7.1% |
| Monthly Cash Flow | $1,116 | $425 |
City averages based on Little Rock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,951 |
| Total Monthly Debt Service | $1,706 |
| DSCR Ratio | 1.73x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72211, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,358 (100%) |
| Owner Occupied HU | 5,327 (43.1%) |
| Renter Occupied HU | 5,915 (47.9%) |
| Vacant Housing Units | 1,116 ( 9.0%) |
| Median Home Value | $265,759 |
| Average Home Value | $319,390 |
Housing Distribution
Address Breakdown
Residential
12,109
Single Family
7,793
Multi-Family
4,316
Businesses
1,096
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
Single Family
Built in 1972
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72211, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,358 (100%) |
| Owner Occupied HU | 5,327 (43.1%) |
| Renter Occupied HU | 5,915 (47.9%) |
| Vacant Housing Units | 1,116 ( 9.0%) |
| Median Home Value | $265,759 |
| Average Home Value | $319,390 |
Housing Distribution
Address Breakdown
Residential
12,109
Single Family
7,793
Multi-Family
4,316
Businesses
1,096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ireon Gaines • RE/MAX Elite
Mls Name: CARMLS
Mls ID: #25049490