1517 W 15th StLittle RockAR72202
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1517 W 15th St, Little Rock, AR, 72202 in Little Rock hard to pass up. The 10.33% gross yield on a $229,499 purchase results in $1,975/mo in rent and $596/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.91). Annual cash flow of $7,148, five-year appreciation of $63,406, and $2,114/yr in equity build-up combine for a projected total cumulative return of $125,173.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 7.1% |
| Monthly Cash Flow | $596 | $425 |
City averages based on Little Rock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,975 |
| Total Monthly Debt Service | $1,288 |
| DSCR Ratio | 1.53x |
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 2024
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72202, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,396 (100%) |
| Owner Occupied HU | 1,735 (23.5%) |
| Renter Occupied HU | 4,292 (58.0%) |
| Vacant Housing Units | 1,369 (18.5%) |
| Median Home Value | $296,340 |
| Average Home Value | $477,269 |
Housing Distribution
Address Breakdown
Residential
6,517
Single Family
3,529
Multi-Family
2,988
Businesses
724
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 2024
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72202, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,396 (100%) |
| Owner Occupied HU | 1,735 (23.5%) |
| Renter Occupied HU | 4,292 (58.0%) |
| Vacant Housing Units | 1,369 (18.5%) |
| Median Home Value | $296,340 |
| Average Home Value | $477,269 |
Housing Distribution
Address Breakdown
Residential
6,517
Single Family
3,529
Multi-Family
2,988
Businesses
724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blaise Smith • Blue Ink Real Estate
Mls Name: CARMLS
Mls ID: #25046965