1300 Parkway DrN 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
Investment property for sale in N Little Rock at 1300 Parkway Dr, N Little Rock, AR, 72118 offers a 9.31% rental yield on a $109,900 purchase with $853/mo rent. Total monthly income registers $853/mo, and a $538/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,307/yr on $36,432 to close, and return on cash invested stands at 26.24% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 136.7% and total cumulative return in cash at $49,804. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $853/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
6,534 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: Robin Jones • RE/MAX Elite Conway Branch
Mls Name: CARMLS
Mls ID: #25028361