300 E 3rd St APT 703Little RockAR72201
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 Little Rock at 300 E 3rd St APT 703, Little Rock, AR, 72201 uses $89,505 cash to close to unlock $3,702/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $1,932/mo, and a $1,322/mo payment keeps the spread at $309/mo. Purchase price stands at $270,000, and rental yield measures 8.59% with $1,932/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 124.82% and total cumulative return in cash records $111,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,932/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72201, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 816 (100%) |
| Owner Occupied HU | 199 (24.4%) |
| Renter Occupied HU | 509 (62.4%) |
| Vacant Housing Units | 108 (13.2%) |
| Median Home Value | $420,455 |
| Average Home Value | $464,598 |
Housing Distribution
Address Breakdown
Residential
821
Single Family
156
Multi-Family
665
Businesses
1,177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Regina G Brown • Evergreen Realty
Mls Name: CARMLS
Mls ID: #25040526