1608 S Cross StLittle RockAR72206
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
Rental property for sale in Little Rock at 1608 S Cross St, Little Rock, AR, 72206 offers $1,411/mo rent that, after a $881/mo payment, leaves $329/mo cash flow. Total monthly income is $1,411/mo, and annual cash flow is $3,949/yr on $59,637 cash. Return on cash invested measures 26.53% in year one, and rental yield stands at 9.41% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 138.17% and total cumulative return in cash reaches $82,401. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,411/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72206, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,395 (100%) |
| Owner Occupied HU | 6,372 (55.9%) |
| Renter Occupied HU | 3,355 (29.4%) |
| Vacant Housing Units | 1,668 (14.6%) |
| Median Home Value | $188,000 |
| Average Home Value | $227,134 |
Housing Distribution
Address Breakdown
Residential
10,422
Single Family
9,903
Multi-Family
519
Businesses
800
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Listed by: Nathan Thompson • Keller Williams Realty
Mls Name: CARMLS
Mls ID: #25041516