423 E 3rd St APT 211Little RockAR72201
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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 Little Rock at 423 E 3rd St APT 211, Little Rock, AR, 72201 uses $51,681 cash to close to unlock $1,607/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $1,250/mo, and a $763/mo payment keeps the spread at $134/mo. Purchase price stands at $155,900, and rental yield measures 9.62% with $1,250/mo rent. Return on cash invested shows 23.02% in year one, and 5% annual appreciation builds toward $43,072 over five years. Five-year ROI reaches 120.78% and total cumulative return in cash records $62,422. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,250/mo property income covering a $763/mo payment rather than investor’s personal income.
Townhouse
Built in 1930
N/A lot
$N/A/sqft
$179 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72201, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 816 (100%) |
| Owner Occupied HU | 199 (24.4%) |
| Renter Occupied HU | 509 (62.4%) |
| Vacant Housing Units | 108 (13.2%) |
| Median Home Value | $420,455 |
| Average Home Value | $464,598 |
Housing Distribution
Address Breakdown
Residential
821
Single Family
156
Multi-Family
665
Businesses
1,177
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Listed by: Margaret A Bell • The Property Group
Mls Name: CARMLS
Mls Provider:
Mls ID: #25022793
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.