2 McGovern DrLittle RockAR72205
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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 2 McGovern Dr, Little Rock, AR, 72205 generates $1,555/mo in rent, after a $1,248/mo payment. Total monthly income is $1,555/mo. Return on cash invested sits at 19.35% in year one, and rental yield is 7.32% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 99.93% and total cumulative return in cash sums $84,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,555/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72205, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,304 (100%) |
| Owner Occupied HU | 5,628 (45.7%) |
| Renter Occupied HU | 5,458 (44.4%) |
| Vacant Housing Units | 1,218 ( 9.9%) |
| Median Home Value | $229,663 |
| Average Home Value | $285,859 |
Housing Distribution
Address Breakdown
Residential
12,360
Single Family
9,675
Multi-Family
2,685
Businesses
1,324
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Listed by: Kari L Clay • Mid South Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25016771
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.