5708 Alta Vista Dr

North Little Rock, AR 72118
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3 bd, 2 ba | 2,188 sqft | Built in 1964

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List Price
$240,000

Initial Investment

$65,400

Purchase Price

$240,000

Down Payment

25%

Rent

$2,080

Total Return

$23,341

Annualized Return

6.9%

Cap Rate

7.1%

Gross Yield

10.4%

Cash Flow

$2,962

Appreciation

0.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

22,651

HOA

None

Flood Risk

Not Required

Discover this beautifully renovated mid-century gem! This 3-bedroom, 2-bath home boasts a walk-out basement, perfect for extra family space or an additional bedroom. Every detail has been updated—new flooring, paint, kitchen and bathroom cabinets, fixtures, and door hardware. Sitting atop a scenic ridge, enjoy stunning views from the front and back, whether you're grilling or unwinding on the spacious patio. Nestled on over half an acre, this home offers plenty of space, with Burns Park just minutes away for hiking, biking, and golfing. Don’t miss out—schedule your private tour today! No property disclosure available, owner has never occupied the property.

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NEIGHBORHOOD

SCHOOLS

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Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617

Annual Financial Highlights

Expected Rent

$23,712

Expenses

-$4,553

Property Taxes

-$3,150

Loan Payments

-$13,048

Net Cash Flow

$2,962

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:Michael Griffin
Mid South Realty
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #25004023
Last Updated: 02/01/2025 00:02
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.