423 E 3rd St APT 216Little RockAR72201
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 423 E 3rd St APT 216, Little Rock, AR, 72201 in Little Rock is a conservative rental investment at $129,000. Rental yield 7.79%. A 1.44 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $35,640; $1,188/yr in principal paydown supplements. Total projected return: $46,716.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 7.1% |
| Monthly Cash Flow | $(40) | $425 |
City averages based on Little Rock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $837 |
| Total Monthly Debt Service | $825 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1930
N/A lot
$N/A/sqft
$100 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1930
N/A lot
$N/A/sqft
$100 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Sandlin • Berkshire Hathaway HomeServices Arkansas Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25025030
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