3224 Lamar StLittle RockAR72205
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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 3224 Lamar St, Little Rock, AR, 72205 uses $53,007 cash to close to unlock $3,107/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,255/mo, and a $783/mo payment keeps the spread at $259/mo. Purchase price stands at $159,900, and rental yield measures 9.42% with $1,255/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 134.3% and total cumulative return in cash records $71,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,255/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1934
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72205, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,304 (100%) |
| Owner Occupied HU | 5,628 (45.7%) |
| Renter Occupied HU | 5,458 (44.4%) |
| Vacant Housing Units | 1,218 ( 9.9%) |
| Median Home Value | $229,663 |
| Average Home Value | $285,859 |
Housing Distribution
Address Breakdown
Residential
12,360
Single Family
9,675
Multi-Family
2,685
Businesses
1,324
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Listed by: Michael S Rushin Jr. • The Mike Rushin Co. Inc.
Mls Name: CARMLS
Mls Provider:
Mls ID: #25021156
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