142 Section Line RdLittle RockIA51243
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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 Little Rock at 142 Section Line Rd, Little Rock, IA, 51243 offers $0/mo rent that, after a $783/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.6% in year one, and rental yield stands at 0% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51243, Little Rock, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 340 (100%) |
| Owner Occupied HU | 257 (75.6%) |
| Renter Occupied HU | 59 (17.4%) |
| Vacant Housing Units | 24 ( 7.1%) |
| Median Home Value | $166,071 |
| Average Home Value | $231,683 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
227
Multi-Family
0
Businesses
11
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No similar rental properties found nearby.
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Listed by: Shelby Eddy • Real Estate Unlimited
Mls Name: Iowa Great Lakes BOR
Mls ID: #251266