7 Hanover DrLittle RockAR72209
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
Investment Highlights
Investment property for sale in Little Rock at 7 Hanover Dr, Little Rock, AR, 72209 earns $363/mo cash flow from $1,142/mo rent with a $634/mo payment. Total monthly income totals $1,142/mo, and annual cash flow totals $4,361/yr on $42,929 capital. ROI tracks 30.07% on current figures, and rental yield reads 10.58% at a $129,500 purchase. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 over five years. Five-year ROI reaches 157.13% and total cumulative return in cash sums $67,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,142/mo property income instead of your personal income.
Single Family
Built in 1959
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72209, Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,674 (41.0%) |
| Renter Occupied HU | 6,446 (46.6%) |
| Vacant Housing Units | 1,721 (12.4%) |
| Median Home Value | $109,326 |
| Average Home Value | $204,785 |
Housing Distribution
Address Breakdown
Residential
13,073
Single Family
11,602
Multi-Family
1,471
Businesses
1,188
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David J Sutton • RE/MAX Elite
Mls Name: CARMLS
Mls ID: #25043455