423 E 3rd St APT 216Little 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 216, Little Rock, AR, 72201 offers a 7.79% rental yield on a $129,000 purchase with $837/mo rent. 81% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 97.74% and total cumulative return in cash at $41,797. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $837/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Scott Sandlin • Berkshire Hathaway HomeServices Arkansas Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25025030
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