1624 Alberta Dr

Little Rock, AR 72227
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4 bd, 3 ba | 2,486 sqft | Built in 1970

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List Price
$325,000

Initial Investment

$88,563

Purchase Price

$325,000

Down Payment

25%

Rent

$1,990

Total Return

$49,531

Annualized Return

8.6%

Cap Rate

4.2%

Gross Yield

7.3%

Cash Flow

-$4,871

Appreciation

4.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

15,420

HOA

None

Flood Risk

Not Required

In the heart of Midtown, this Beautiful Leawood split level has 4 bedrooms, 3 full baths, new paint, new light fixtures, updated kitchen and baths. Multiple living and dining areas. Large deck and back yard with storm shelter. New roof and gutters in 2022 and new french drains in 2024. This home is a must see! Contact me today to schedule your showing.

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NEIGHBORHOOD

SCHOOLS

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Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617

Annual Financial Highlights

Expected Rent

$22,686

Expenses

-$4,038

Property Taxes

-$5,850

Loan Payments

-$17,669

Net Cash Flow

-$4,871

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.
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Listing Courtesy of:Sonja Walker
Keller Williams Realty Lr Branch
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #25009130
Last Updated: 03/10/2025 16:03
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.