423 E 3rd St APT 220Little RockAR72201
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 423 E 3rd St APT 220, Little Rock, AR, 72201 in Little Rock, $135,000, 8.22% gross yield, $114/mo net income. Consider it a market-entry position, the $925/mo rent covers the $607/mo payment with a margin, and 5%/yr appreciation is projected to add $37,298 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.52) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $58,430.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.1% |
| Monthly Cash Flow | $114 | $425 |
City averages based on Little Rock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $925 |
| Total Monthly Debt Service | $758 |
| DSCR Ratio | 1.22x |
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
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
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
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
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 ID: #25032138