2403 S State StLittle RockAR72206
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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 Little Rock at 2403 S State St, Little Rock, AR, 72206 offers a 9.6% rental yield on a $159,900 purchase with $1,279/mo rent. Total monthly income registers $1,279/mo, and a $783/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,809/yr on $53,007 to close, and return on cash invested stands at 27.1% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 141.21% and total cumulative return in cash at $74,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,279/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72206, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,395 (100%) |
| Owner Occupied HU | 6,372 (55.9%) |
| Renter Occupied HU | 3,355 (29.4%) |
| Vacant Housing Units | 1,668 (14.6%) |
| Median Home Value | $188,000 |
| Average Home Value | $227,134 |
Housing Distribution
Address Breakdown
Residential
10,422
Single Family
9,903
Multi-Family
519
Businesses
800
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Listed by: Brenda White • Keller Williams Realty
Mls Name: CARMLS
Mls ID: #25027501