31 E Lake DrN Little RockAR72116
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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 N Little Rock at 31 E Lake Dr, N Little Rock, AR, 72116 earns from $4,517/mo rent with a $4,283/mo payment. Total monthly income totals $4,517/mo. ROI tracks 16.96% on current figures, and rental yield reads 6.19% at a $875,000 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 over five years. Five-year ROI reaches 86.77% and total cumulative return in cash sums $249,779. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,517/mo property income instead of your personal income.
Single Family
Built in 1985
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72116, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,661 (100%) |
| Owner Occupied HU | 6,318 (54.2%) |
| Renter Occupied HU | 4,471 (38.3%) |
| Vacant Housing Units | 872 ( 7.5%) |
| Median Home Value | $255,871 |
| Average Home Value | $280,959 |
Housing Distribution
Address Breakdown
Residential
11,141
Single Family
8,431
Multi-Family
2,710
Businesses
812
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Listed by: Jowaun D Wright • Charlotte John Company (Little Rock)
Mls Name: CARMLS
Mls ID: #25044734