234 Melrose CirNorth Little RockAR72114
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
Investment property for sale in North Little Rock at 234 Melrose Cir, North Little Rock, AR, 72114 at $199,999 posts ROI 22.91% with $166/mo cash flow from $1,368/mo rent. Total monthly income equals $1,368/mo, and annual cash flow records $1,988/yr on $66,300 to close. Return on cash invested measures 22.91% and rental yield reads 8.21% at the current $199,999. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 118.71% and total cumulative return in cash totals $78,704.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,368/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
N/A 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: Robert A Richardson • Crye-Leike REALTORS Kanis Branch
Mls Name: CARMLS
Mls ID: #25043606