Numbers
π€·π½ $75,000 Asking
π§ $10,000 Rehab
π€ $140,000 ARV
π A 2 bed, 1 bath rental property that’s so close to being move-in ready, you can almost taste the cash flow. π° The roof? 2 years old—you’re covered for the long haul. π οΈ Both the kitchen and bathroom got updates in recent years, so no need to touch those. Hardwood floors throughout—yeah, they haven’t been refinished in a while, but they’re solid. πͺ΅ HVAC? Older, but fully functional. The bottom line: It works, and that’s all that matters right now. πͺπ½
Oh, did I mention the fresh driveway, curb, retaining wall, and brand-new sod in the front yard? πΏ That’s the kind of curb appeal that brings in tenants fast. π‘ππ½
Rehab is minor—$10,000 to shine this gem up and you’re looking at a nice cash-flowing rental with an ARV of $140,000. πΈ At an asking price of $97,000, this is a deal that demands attention. ππ₯ Don’t overthink it—this one won’t last. β³
Sold Comps
$140,000 (Clean, Not Fully Rehabbed)
https://www.zillow.com/homedetails/3519-Maple-St-N-Little-Rock-AR-72118/301807_zpid/
$115,000
https://www.zillow.com/homedetails/5312-Wood-St-N-Little-Rock-AR-72118/297415_zpid/
$115,000
https://www.zillow.com/homedetails/5705-Chandler-St-North-Little-Rock-AR-72118/298410_zpid/
Active Comps
$145,000 (Moderately Rehabbed)
https://www.zillow.com/homedetails/5522-Arthur-Dr-N-Little-Rock-AR-72118/299530_zpid/
$130,000 (Rehabbed)
https://www.zillow.com/homedetails/11-Sierra-Ct-North-Little-Rock-AR-72118/299977_zpid/
$115,000 (Good Condition not rehabbed)
https://www.zillow.com/homedetails/4304-N-Cypress-St-North-Little-Rock-AR-72116/302063_zpid/
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Bathrooms | |
Sq. footage |