702 E Military DrN Little RockAR72118
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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 N Little Rock at 702 E Military Dr, N Little Rock, AR, 72118 uses $49,692 cash to close to unlock $3,643/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $1,205/mo, and a $734/mo payment keeps the spread at $304/mo. Purchase price stands at $149,900, and rental yield measures 9.65% with $1,205/mo rent. Return on cash invested shows 27.24% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 141.97% and total cumulative return in cash records $70,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,205/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1964
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72118, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,046 (100%) |
| Owner Occupied HU | 5,080 (50.6%) |
| Renter Occupied HU | 3,927 (39.1%) |
| Vacant Housing Units | 1,039 (10.3%) |
| Median Home Value | $153,783 |
| Average Home Value | $209,146 |
Housing Distribution
Address Breakdown
Residential
9,855
Single Family
8,734
Multi-Family
1,121
Businesses
592
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Listed by: Lane D Patterson • Aligned Realty
Mls Name: CARMLS
Mls ID: #25037463