1615 Northwood RdNorth Little RockAR72116
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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 North Little Rock at 1615 Northwood Rd, North Little Rock, AR, 72116 offers a 10.36% rental yield on a $199,900 purchase with $1,726/mo rent. Total monthly income registers $1,726/mo, and a $978/mo payment leaves $525/mo available for distribution. Annual cash flow reaches $6,297/yr on $66,267 to close, and return on cash invested stands at 29.41% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 153.58% and total cumulative return in cash at $101,773. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,726/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72116, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,661 (100%) |
| Owner Occupied HU | 6,318 (54.2%) |
| Renter Occupied HU | 4,471 (38.3%) |
| Vacant Housing Units | 872 ( 7.5%) |
| Median Home Value | $255,871 |
| Average Home Value | $280,959 |
Housing Distribution
Address Breakdown
Residential
11,141
Single Family
8,431
Multi-Family
2,710
Businesses
812
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Listed by: Rebecca White • Homeward Realty
Mls Name: CARMLS
Mls ID: #25044906