406 E 7th StLittle RockAR72202
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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 Little Rock at 406 E 7th St, Little Rock, AR, 72202 offers $1,154/mo rent that, after a $3,426/mo payment. Total monthly income is $1,154/mo. Return on cash invested measures 4.15% in year one, and rental yield stands at 1.98% at a $700,000 entry. Equity gained on principal adds $4,517/yr while 5% annual appreciation compounds into $193,397 by year five. Five-year ROI records 18.06% and total cumulative return in cash reaches $41,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,154/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1937
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72202, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,396 (100%) |
| Owner Occupied HU | 1,735 (23.5%) |
| Renter Occupied HU | 4,292 (58.0%) |
| Vacant Housing Units | 1,369 (18.5%) |
| Median Home Value | $296,340 |
| Average Home Value | $477,269 |
Housing Distribution
Address Breakdown
Residential
6,517
Single Family
3,529
Multi-Family
2,988
Businesses
724
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Listed by: Will Smith • Capital Sotheby's International Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25013317
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.