2018 N Magnolia StNorth Little RockAR72114
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 2018 N Magnolia St, North Little Rock, AR, 72114 in North Little Rock. At $134,900 it earns $1,252/mo in rent and distributes $426/mo to the owner after the $607/mo payment, a consistent 11.14% yield. DSCR 2.06 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $37,270 in value; $1,242/yr in principal paydown compounds ownership stake. Total projected return: $78,546.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.2% |
| Monthly Cash Flow | $426 | $850 |
City averages based on North Little Rock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,252 |
| Total Monthly Debt Service | $773 |
| DSCR Ratio | 1.62x |
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 1938
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72114, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,170 (100%) |
| Owner Occupied HU | 1,435 (20.0%) |
| Renter Occupied HU | 4,397 (61.3%) |
| Vacant Housing Units | 1,338 (18.7%) |
| Median Home Value | $146,449 |
| Average Home Value | $234,911 |
Housing Distribution
Address Breakdown
Residential
6,217
Single Family
4,467
Multi-Family
1,750
Businesses
894
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 1938
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72114, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,170 (100%) |
| Owner Occupied HU | 1,435 (20.0%) |
| Renter Occupied HU | 4,397 (61.3%) |
| Vacant Housing Units | 1,338 (18.7%) |
| Median Home Value | $146,449 |
| Average Home Value | $234,911 |
Housing Distribution
Address Breakdown
Residential
6,217
Single Family
4,467
Multi-Family
1,750
Businesses
894
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Stewart • RE/MAX Homefinders
Mls Name: CARMLS
Mls Provider:
Mls ID: #25016852
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.