620 S Maple St

Little Rock, AR 72205
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3 bd, 1 ba | 1,406 sqft | Built in 1952

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List Price
$169,900

Initial Investment

$46,298

Purchase Price

$169,900

Down Payment

25%

Rent

$1,260

Total Return

$36,309

Annualized Return

12.5%

Cap Rate

5.9%

Gross Yield

8.9%

Cash Flow

$221

Appreciation

3.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,970

HOA

None

Flood Risk

Not Required

Welcome to the cutest cottage in a prime location only 3 blocks from UAMS. This home has all the original character and charm, with some necessary items already addressed....new roof 2023 & new HVAC 2024. This home will also have new exterior paint within the next couple of weeks. Original hardwoods throughout the living room, 2 bedrooms & hallway. Primary bedroom has vinyl flooring & a spacious closet. The kitchen has a gas stove & plenty of space for a breakfast table. There are beautiful built-in cabinets in the hallway for extra storage. The huge front window in the living room has been replaced within the last few years by a lovely window that opens...which provides a nice view to your front patio. There is a fenced in backyard and gate for carport. Location is ideal for a long-term rental, AirBnB, or to suit your personal needs.

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

Annual Financial Highlights

Expected Rent

$14,364

Expenses

-$2,557

Property Taxes

-$2,350

Loan Payments

-$9,237

Net Cash Flow

$221

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:Stacy Hagan
Century 21 Parker & Scroggins Realty Bryant
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24026452
Last Updated: 07/24/2024 17:07
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.