507-509 Mimi LnLittle RockAR72211
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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 507-509 Mimi Ln, Little Rock, AR, 72211 listed at $390,000 pairs $2,047/mo rent with a $1,909/mo payment. Total monthly income runs $2,047/mo. Return on cash invested measures 17.15% in year one, and rental yield registers 6.3% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 87.82% and total cumulative return in cash totals $113,540. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,047/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1975
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72211, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,358 (100%) |
| Owner Occupied HU | 5,327 (43.1%) |
| Renter Occupied HU | 5,915 (47.9%) |
| Vacant Housing Units | 1,116 ( 9.0%) |
| Median Home Value | $265,759 |
| Average Home Value | $319,390 |
Housing Distribution
Address Breakdown
Residential
12,109
Single Family
7,793
Multi-Family
4,316
Businesses
1,096
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Listed by: Lynntia Delaware • Vylla Home
Mls Name: CARMLS
Mls ID: #25018389