48 Parkridge DrNorth Little RockAR72120
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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
Rental property for sale in North Little Rock at 48 Parkridge Dr, North Little Rock, AR, 72120 offers $1,312/mo rent that, after a $832/mo payment, leaves $290/mo cash flow. Total monthly income is $1,312/mo, and annual cash flow is $3,482/yr on $56,355 cash. Return on cash invested measures 26.09% in year one, and rental yield stands at 9.26% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 135.83% and total cumulative return in cash reaches $76,545. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,312/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72120, Sherwood, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,991 (100%) |
| Owner Occupied HU | 10,941 (68.4%) |
| Renter Occupied HU | 4,048 (25.3%) |
| Vacant Housing Units | 1,002 ( 6.3%) |
| Median Home Value | $259,734 |
| Average Home Value | $284,022 |
Housing Distribution
Address Breakdown
Residential
15,780
Single Family
14,145
Multi-Family
1,635
Businesses
718
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Listed by: Tamarcus L Hill • CBRPM Maumelle
Mls Name: CARMLS
Mls ID: #26000757