705 Healy St

North Little Rock, AR 72117
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2 bd, 1 ba | 864 sqft | Built in 1964

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List Price
$75,000

Initial Investment

$20,438

Purchase Price

$75,000

Down Payment

25%

Rent

$1,000

Total Return

$35,229

Annualized Return

27.2%

Cap Rate

10.7%

Gross Yield

16%

Cash Flow

$3,267

Appreciation

4.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,810

HOA

None

Flood Risk

High Risk - Zone AH

Here is a great two-bedroom 1 bath in the North Little Rock Rose City area. The property has been updated with new paint and new flooring. Large back yard with plenty of storage space. This can be a great 1st time home buyer under 100k and also a great rental property that is below the 1% rule.

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

Annual Financial Highlights

Expected Rent

$11,400

Expenses

-$3,055

Property Taxes

-$1,000

Loan Payments

-$4,077

Net Cash Flow

$3,267

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:Broderic Armstead
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 #25010318
Last Updated: 03/18/2025 14:03
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.