8 Spear RdNorth Little RockAR72117
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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 North Little Rock at 8 Spear Rd, North Little Rock, AR, 72117 offers a 9.64% rental yield on a $108,900 purchase with $875/mo rent. Total monthly income registers $875/mo, and a $533/mo payment leaves $220/mo available for distribution. Annual cash flow reaches $2,645/yr on $36,100 to close, and return on cash invested stands at 27.24% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,087 over five years. Portfolio math shows five-year ROI at 141.98% and total cumulative return in cash at $51,254. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $875/mo property income against a $533/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72117, North Little Rock, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,389 (100%) |
| Owner Occupied HU | 3,378 (52.9%) |
| Renter Occupied HU | 2,238 (35.0%) |
| Vacant Housing Units | 773 (12.1%) |
| Median Home Value | $146,000 |
| Average Home Value | $161,889 |
Housing Distribution
Address Breakdown
Residential
6,198
Single Family
5,998
Multi-Family
200
Businesses
834
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Listed by: Marilyn Lee • CBRPM Maumelle
Mls Name: CARMLS
Mls ID: #25042622