300 2nd StNorth Little RockAR72117
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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 300 2nd St, North Little Rock, AR, 72117 uses $36,465 cash to close to unlock $2,366/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $858/mo, and a $538/mo payment keeps the spread at $197/mo. Purchase price stands at $110,000, and rental yield measures 9.36% with $858/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 137.52% and total cumulative return in cash records $50,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $858/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72117, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,389 (100%) |
| Owner Occupied HU | 3,378 (52.9%) |
| Renter Occupied HU | 2,238 (35.0%) |
| Vacant Housing Units | 773 (12.1%) |
| Median Home Value | $146,000 |
| Average Home Value | $161,889 |
Housing Distribution
Address Breakdown
Residential
6,198
Single Family
5,998
Multi-Family
200
Businesses
834
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Listed by: Mindy Strand • RE/MAX Homefinders
Mls Name: CARMLS
Mls ID: #25021355