406 Rock StN Little RockAR72118
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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 N Little Rock at 406 Rock St, N Little Rock, AR, 72118 priced at $134,900 converts $1,348/mo rent into $537/mo cash flow after a $660/mo obligation. Total monthly income equals $1,348/mo, and annual cash flow totals $6,448/yr on $44,719 invested. Return on cash invested prints 34.33% in year one, and rental yield reads 11.99% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 180.01% and total cumulative return in cash sums $80,501. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,348/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72118, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,046 (100%) |
| Owner Occupied HU | 5,080 (50.6%) |
| Renter Occupied HU | 3,927 (39.1%) |
| Vacant Housing Units | 1,039 (10.3%) |
| Median Home Value | $153,783 |
| Average Home Value | $209,146 |
Housing Distribution
Address Breakdown
Residential
9,855
Single Family
8,734
Multi-Family
1,121
Businesses
592
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Listed by: Michele Phillips • Michele Phillips & Co. Realtors
Mls Name: CARMLS
Mls ID: #26003456