2007 W 38th StNorth Little RockAR72118
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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 2007 W 38th St, North Little Rock, AR, 72118 earns $335/mo cash flow from $985/mo rent with a $529/mo payment. Total monthly income totals $985/mo, and annual cash flow totals $4,025/yr on $35,802 capital. ROI tracks 31.15% on current figures, and rental yield reads 10.94% at a $108,000 purchase. Equity gained on principal adds $697/yr, and 5% annual appreciation supports $29,838 over five years. Five-year ROI reaches 162.95% and total cumulative return in cash sums $58,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $985/mo property income instead of your personal income.
Single Family
Built in 1988
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72118, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,046 (100%) |
| Owner Occupied HU | 5,080 (50.6%) |
| Renter Occupied HU | 3,927 (39.1%) |
| Vacant Housing Units | 1,039 (10.3%) |
| Median Home Value | $153,783 |
| Average Home Value | $209,146 |
Housing Distribution
Address Breakdown
Residential
9,855
Single Family
8,734
Multi-Family
1,121
Businesses
592
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Listed by: Jennifer Thomas • McKimmey Associates REALTORS NLR
Mls Name: CARMLS
Mls ID: #26002213