2515 North DrNorth 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 2515 North Dr, North Little Rock, AR, 72118 earns $234/mo cash flow from $973/mo rent with a $602/mo payment. Total monthly income totals $973/mo, and annual cash flow totals $2,804/yr on $40,775 capital. ROI tracks 26.79% on current figures, and rental yield reads 9.49% at a $123,000 purchase. Equity gained on principal adds $794/yr, and 5% annual appreciation supports $33,983 over five years. Five-year ROI reaches 139.53% and total cumulative return in cash sums $56,893. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $973/mo property income instead of your personal income.
Single Family
Built in 1960
0.28 Acres 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: Karen D Ferguson • RE/MAX Elite Conway Branch
Mls Name: CARMLS
Mls Provider:
Mls ID: #25023463
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.