523 W 15th StLittle RockAR72202
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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 523 W 15th St, Little Rock, AR, 72202 offers a 9.57% rental yield on a $199,000 purchase with $1,587/mo rent. Total monthly income registers $1,587/mo, and a $974/mo payment leaves $391/mo available for distribution. Annual cash flow reaches $4,689/yr on $65,969 to close, and return on cash invested stands at 27.02% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 140.75% and total cumulative return in cash at $92,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,587/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72202, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,396 (100%) |
| Owner Occupied HU | 1,735 (23.5%) |
| Renter Occupied HU | 4,292 (58.0%) |
| Vacant Housing Units | 1,369 (18.5%) |
| Median Home Value | $296,340 |
| Average Home Value | $477,269 |
Housing Distribution
Address Breakdown
Residential
6,517
Single Family
3,529
Multi-Family
2,988
Businesses
724
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Listed by: David J Sutton • LPT Realty
Mls Name: CARMLS
Mls ID: #26001665