423 E 3rd St APT 220Little 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 220, Little Rock, AR, 72201 uses $44,753 cash to close to unlock $1,359/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $925/mo, and a $661/mo payment keeps the spread at $113/mo. Purchase price stands at $135,000, and rental yield measures 8.22% with $925/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 118.98% and total cumulative return in cash records $53,245. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $925/mo property income covering a $661/mo payment rather than investor’s personal income.
Townhouse
Built in 1930
N/A lot
$N/A/sqft
No 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 ID: #25032138