Little Rock, AR โ Rental Investment Analysis
๐กMODERATEโ average returnsCap Rate
4.2%
Below average
Monthly Cash Flow
-$442
After all expenses
Price-to-Rent
14.0
Investor-friendly
DSCR
0.66
Fails
๐ Key Metrics
- Median Home Price
- $247,910
- Average Rent (3BR)
- $1,485/mo
- Price-to-Rent Ratio
- 14.0(good)
- 1% Rule
- 0.60%(fails โ need 1%+)
- Cash-on-Cash Return
- -9.6%
- Vacancy Rate
- 8.0%
๐ Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers โ๐ Population Movement (Tax Year 2021โ2022)
Net Migration
+434 households
GROWING
Total Inflow
4,233
households moved in
Avg Income (New Residents)
$49,718
per household
Where they're coming from:
1.Faulkner, AR852 households ยท avg $47,020
2.Lonoke, AR684 households ยท avg $44,882
3.Jefferson, AR390 households ยท avg $46,062
4.Garland, AR233 households ยท avg $53,197
5.Craighead, AR148 households ยท avg $44,764
Where residents are leaving to:
1.Lonoke, AR825 households
2.Faulkner, AR792 households
3.Jefferson, AR239 households
4.Benton, AR222 households
5.Garland, AR208 households
๐ก Strong net inflow suggests growing rental demand and upward pressure on rents.
๐๏ธ Best Zip Codes in Little Rock for Investors
All Zip Codes in Little Rock
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 72204 | 10.5% | +$420 | $121,440 | $1,510/mo | 1.65 |
| 72209 | 10.3% | +$366 | $112,436 | $1,370/mo | 1.61 |
| 72202 | 7.9% | +$189 | $150,768 | $1,470/mo | 1.24 |
| 72206 | 7.8% | +$154 | $132,871 | $1,280/mo | 1.22 |
| 72046 | 7.0% | +$66 | $132,595 | $1,170/mo | 1.09 |
| 72201 | 5.6% | -$162 | $260,113 | $1,940/mo | 0.88 |
| 72205 | 4.9% | -$282 | $225,571 | $1,510/mo | 0.77 |
| 72039 | 4.5% | -$303 | $197,014 | $1,250/mo | 0.71 |
| 72227 | 3.8% | -$581 | $273,651 | $1,540/mo | 0.60 |
| 72211 | 3.6% | -$642 | $280,282 | $1,520/mo | 0.57 |
| 72210 | 3.6% | -$618 | $269,300 | $1,460/mo | 0.57 |
| 72016 | 3.0% | -$662 | $235,707 | $1,130/mo | 0.47 |
| 72212 | 2.6% | -$1,216 | $383,680 | $1,670/mo | 0.40 |
| 72223 | 2.1% | -$1,722 | $478,135 | $1,830/mo | 0.32 |
| 72207 | 2.0% | -$1,489 | $403,513 | $1,500/mo | 0.31 |
| 72135 | 1.6% | -$1,423 | $357,098 | $1,200/mo | 0.25 |