8 Minnehaha CtNorth Little RockAR72116
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 North Little Rock at 8 Minnehaha Ct, North Little Rock, AR, 72116 uses $96,102 cash to close to unlock $13,731/yr annual cash flow and $1,144/mo monthly cash flow. Total monthly income runs $2,887/mo, and a $1,419/mo payment keeps the spread at $1,144/mo. Purchase price stands at $289,900, and rental yield measures 11.95% with $2,887/mo rent. Return on cash invested shows 34.2% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 179.27% and total cumulative return in cash records $172,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,887/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72116, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,661 (100%) |
| Owner Occupied HU | 6,318 (54.2%) |
| Renter Occupied HU | 4,471 (38.3%) |
| Vacant Housing Units | 872 ( 7.5%) |
| Median Home Value | $255,871 |
| Average Home Value | $280,959 |
Housing Distribution
Address Breakdown
Residential
11,141
Single Family
8,431
Multi-Family
2,710
Businesses
812
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sonya Rhea • IRealty Arkansas - Sherwood
Mls Name: CARMLS
Mls ID: #25042043