124 Fletcher Ridge DrLittle RockAR72223
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
Investment property for sale in Little Rock at 124 Fletcher Ridge Dr, Little Rock, AR, 72223 uses $137,573 cash to close to unlock $9,252/yr annual cash flow and $771/mo monthly cash flow. Total monthly income runs $3,444/mo, and a $2,031/mo payment keeps the spread at $771/mo. Purchase price stands at $415,000, and rental yield measures 9.96% with $3,444/mo rent. Return on cash invested shows 26.63% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 139.26% and total cumulative return in cash records $191,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,444/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72223, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,174 (100%) |
| Owner Occupied HU | 7,865 (59.7%) |
| Renter Occupied HU | 4,361 (33.1%) |
| Vacant Housing Units | 948 ( 7.2%) |
| Median Home Value | $423,042 |
| Average Home Value | $497,203 |
Housing Distribution
Address Breakdown
Residential
12,965
Single Family
10,110
Multi-Family
2,855
Businesses
1,024
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ranae Ward • Signature Properties
Mls Name: CARMLS
Mls Provider:
Mls ID: #25029689
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.