1623 Marion St

North Little Rock, AR 72114
image0

3 bd, 2 ba | 1,339 sqft | Built in 2007

slider image
slider image
slider image
List Price
$185,000

Initial Investment

$50,413

Purchase Price

$185,000

Down Payment

25%

Rent

$1,300

Total Return

$42,645

Annualized Return

13.0%

Cap Rate

5.6%

Gross Yield

8.4%

Cash Flow

-$276

Appreciation

4.3%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,665

HOA

None

Flood Risk

Not Required

Tired of paying rent? This turn key house is ready for a new owner to call it home! Recent updates include: New roof on home and shed in 24', Water Heater 24', New Flooring 24', Fresh Paint 24'. There is adequate outdoor space for entertaining on this level corner lot with privacy fence for the pets. The large open living room provides space for the family gatherings. It's electric so no gas bills! The screened front porch makes for a pleasant evening lounge. Come make this one yours! This could be your home...

See more in Analysis
Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617

Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$2,638

Property Taxes

-$2,400

Loan Payments

-$10,058

Net Cash Flow

-$276

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

Similar Listings



Listing Courtesy of:Quincy Holloway
Re/Max Elite
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24032736
Last Updated: 09/06/2024 12:09
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.