372 Goshen AveN 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 372 Goshen Ave, N Little Rock, AR, 72116 uses $82,544 cash to close to unlock $6,131/yr annual cash flow and $511/mo monthly cash flow. Total monthly income runs $2,008/mo, and a $1,219/mo payment keeps the spread at $511/mo. Purchase price stands at $249,000, and rental yield measures 9.68% with $2,008/mo rent. Return on cash invested shows 27.34% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 142.42% and total cumulative return in cash records $117,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,008/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1985
9,583 sqft 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: Ryan Stephens • Engel & Volkers
Mls Name: CARMLS
Mls ID: #25046387