3809 Pope AveNorth 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
Rental property for sale in North Little Rock at 3809 Pope Ave, North Little Rock, AR, 72116 priced at $299,000 converts $2,222/mo rent into $362/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,222/mo, and annual cash flow totals $4,338/yr on $99,119 invested. Return on cash invested prints 24.29% in year one, and rental yield reads 8.92% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 126.38% and total cumulative return in cash sums $125,266. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,222/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.32 Acres lot
$N/A/sqft
$16 monthly 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: Brandon L Bruning • RE/MAX Elite
Mls Name: CARMLS
Mls Provider:
Mls ID: #25019435
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.