9724 Merlot LnNorth 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 North Little Rock at 9724 Merlot Ln, North Little Rock, AR, 72118 listed at $245,000 pairs $2,155/mo rent with a $1,199/mo payment to leave $682/mo cash flow. Total monthly income runs $2,155/mo, and annual cash flow reaches $8,189/yr on $81,218 cash to close. Return on cash invested measures 29.99% in year one, and rental yield registers 10.56% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 156.69% and total cumulative return in cash totals $127,260. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,155/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
9,583 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: Danah GivAn • Keller Williams Realty
Mls Name: CARMLS
Mls ID: #25034638