3417 N Cedar StNorth 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 North Little Rock at 3417 N Cedar St, North Little Rock, AR, 72116 uses $61,328 cash to close to unlock $4,445/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $1,482/mo, and a $905/mo payment keeps the spread at $370/mo. Purchase price stands at $185,000, and rental yield measures 9.61% with $1,482/mo rent. Return on cash invested shows 27.16% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 141.53% and total cumulative return in cash records $86,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,482/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.34 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: Jamie M Hoffman • River Rock Realty Company
Mls Name: CARMLS
Mls ID: #25033356