4512 W 16th St · Little Rock, AR 72204

$90,000

3 bd · 1.0 ba · 1,110 sqft · SingleFamily public records · 218 Days on market

Built 1956 5,662 sqft lot $81/sqft · 6% above area Est $85k · 6% over

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.6/10.0
• ARV discount +4.9/15.0
• Rent growth +3.7/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

A good deal for a savvy investor with this 3-bedroom home. Located close to UALR, UAMS and VA Hospitals it's ideal to begin your investment portfolio. Currently tenant occupied on a lease until 03-31-2026. Rent is $995.00 per month. Lease expires 03-31-2026. All showings by appointment only on Monday-Friday 8:30-4:30 with a 24-hour notice. No Seller Property Disclosure available. Other properties available: 3709 W. 12, 4101 W. 13th, 2123 Bragg St. , 2703 Madison, 4020 Malloy and 8920 W. 37th. NOTE! Seller wants to sell the properties as a package and is ready to make someone a very good deal. Wholesale interest is welcome. Agents check remarks.

Key facts

• 5,662 sq ft lot
• Built 1956
• Listed 218 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $387 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.5% vs local median 4.1% in Little Rock — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#22 in AR) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F.
• Little Rock School District (urban): math 23% / reading 26% proficiency, ranked #183 of 238 in AR (top 77%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.9%/yr); 186 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,006 units permitted in Pulaski County in 2024 (0 in 5+ unit buildings).
• This rent runs 36% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Pulaski County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 4.9% rent growth), your $25k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 218 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 8y ago; this cycle's ask has dropped $5k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $75k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $79,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 218 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.36% ✓
• Cap rate: 11.45%
• Cash-on-cash: 18.43%
• DSCR: 1.82
• GRM: 6.1

CMA / ARV

• ARV (median comp): $85,000
• List price: $90,000
• Delta: 5.88%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1712 Pinewood Dr	0.17mi	2/1.5 (-1)	1,106 (-0%)	4mo	$85,000	$77	81
1517 Bishop Warren Dr	0.26mi	2/1.0 (-1)	1,120 (+1%)	9mo	$19,000	$17	74
1720 Green Meadow Dr	0.23mi	3/1.0	1,020 (-8%)	4mo	$103,500	$101	73
1001 S Monroe St	0.44mi	3/1.0	1,160 (+4%)	2mo	$130,000	$112	71
1418 S Harrison St	0.47mi	3/1.5	1,161 (+5%)	3mo	$112,000	$96	66
4523 W 23rd St	0.45mi	3/1.0	1,026 (-8%)	2mo	$22,000	$21	65
1516 S Harrison St	0.46mi	3/2.0	1,212 (+9%)	1mo	$145,000	$120	58
2104 S Pine St	0.52mi	2/1.0 (-1)	1,211 (+9%)	3mo	$15,500	$13	53
1520 S Taylor St	0.65mi	3/2.0	1,050 (-5%)	6mo	$114,000	$109	52
4211 W 24th St	0.55mi	3/1.0	1,276 (+15%)	1mo	$63,000	$49	48
1617 S Valentine St	0.61mi	3/2.0	1,204 (+8%)	7mo	$164,360	$137	47
1321 S Fillmore	0.70mi	2/1.0 (-1)	972 (-12%)	6mo	$130,000	$134	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.91% rent growth · sell at horizon

5-year hold

• IRR: 12.2%
• Equity multiple: 1.49×
• Total profit: $12,467
• Equity at exit: $13,419

10-year hold

• IRR: 22.5%
• Equity multiple: 3.10×
• Total profit: $52,841
• Equity at exit: $7,782

Cash invested: $25,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 92 Strongly Landlord-Friendly
• State Arkansas: 92 Strongly Landlord-Friendly · R+14
• County: — inherits STATE
• City: — inherits STATE

Only US state where non-payment is criminal. Strongly landlord-favorable; very few tenant protections.

Methodology + full state rankings →

ZIP-level market 72204

• Home prices YoY: -21.5%
• Rents YoY: 4.9%
• Active inventory: 186
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,228 high
• Mortgage (P&I): −$472
• Tax from tax record: −$74 /mo · $888/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$258
• Net cashflow: $387

Break-even live

Break-even rent $739

Max offer price $90,000

Occupancy floor 64%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4721 W 16th St Little Rock, AR	4.0	1.0	1100	$1,195	$1.09	23d	1	0.13mi
1320 Adams St Little Rock, AR	3.0	1.0	1026	$1,025	$1.00	44d	1	0.15mi
1720 Pinewood Dr Little Rock, AR	3.0	2.0	1382	$1,180	$0.85	44d	1	0.17mi
4319 W 17th St Little Rock, AR	2.0	1.0	957	$950	$0.99	44d	1	0.18mi
4314 W 14th St Little Rock, AR	4.0	2.0	1223	$1,495	$1.22	23d	1	0.22mi
4104 W 15th St Little Rock, AR	4.0	2.0	1223	$1,595	$1.30	44d	1	0.32mi
4304 W 22nd St Little Rock, AR	2.0	1.0	896	$895	$1.00	44d	1	0.40mi
1914 S Van Buren St Little Rock, AR	3.0	1.5	1318	$995	$0.75	23d	1	0.44mi
1701 Fair Park Blvd Little Rock, AR	2.0	1.0	1170	$1,050	$0.90	44d	1	0.54mi
3715 W 13th St Little Rock, AR	2.0	1.0	1176	$900	$0.77	44d	1	0.57mi
901 S Harrison St Little Rock, AR	2.0	1.0	1000	$980	$0.98	19d	1	0.61mi
2305 S Oak St Little Rock, AR	4.0	2.0	1223	$1,525	$1.25	44d	1	0.70mi
2701 Abigail St Little Rock, AR	3.0	1.0	1098	$1,195	$1.09	23d	1	0.73mi
1205 Valmar St Little Rock, AR	2.0	1.0	1100	$1,199	$1.09	44d	1	0.73mi
2105 S Valentine St Little Rock, AR	4.0	2.0	1223	$1,595	$1.30	14d	1	0.73mi
2421 S Oak St Little Rock, AR	3.0	1.0	1092	$950	$0.87	21d	1	0.76mi
3401 W 17th St Little Rock, AR	3.0	2.0	1370	$1,400	$1.02	44d	1	0.76mi
2100 Valmar St Little Rock, AR	2.0	1.0	1219	$1,200	$0.98	23d	1	0.76mi
1809 S Buchanan St Little Rock, AR	2.0	1.0	974	$850	$0.87	21d	1	0.81mi
2609 S Tyler St Little Rock, AR	3.0	2.0	1200	$1,040	$0.87	44d	1	0.82mi
1626 S Brown St Little Rock, AR	3.0	2.0	1386	$995	$0.72	44d	1	0.83mi
3423 Maryland Ave Little Rock, AR	4.0	2.0	1223	$1,595	$1.30	44d	1	0.84mi
610 S Maple St Unit A Little Rock, AR	2.0	1.0	850	$825	$0.97	23d	1	0.86mi
4816 W 30th St Little Rock, AR	2.0	1.0	1217	$1,150	$0.94	19d	1	0.86mi
3214 W 13th St Little Rock, AR	3.0	2.0	1264	$1,095	$0.87	44d	1	0.87mi
2220 S Martin St Little Rock, AR	2.0	1.0	1143	$900	$0.79	23d	1	0.87mi
2300 S Martin St Little Rock, AR	2.0	1.0	840	$795	$0.95	23d	1	0.88mi
1918 Allis St Little Rock, AR	2.0	1.0	868	$895	$1.03	14d	1	0.91mi
3615 W Capitol Ave Little Rock, AR	4.0	2.0	1410	$1,550	$1.10	23d	1	0.96mi
1820 Johnson St Little Rock, AR	4.0	2.0	1223	$1,550	$1.27	19d	1	0.96mi
5005 W 31st St Little Rock, AR	3.0	2.0	1240	$1,215	$0.98	44d	1	0.97mi
3109 W 11th St Little Rock, AR	3.0	2.0	1055	$1,295	$1.23	44d	1	0.97mi
3204 Maryland Ave Little Rock, AR	3.0	1.0	921	$1,095	$1.19	44d	1	0.98mi
3000 S Tyler St Little Rock, AR	3.0	1.5	1258	$1,250	$0.99	23d	1	1.01mi
1822 Booker St Little Rock, AR	3.0	2.0	1076	$1,195	$1.11	23d	1	1.03mi
2900 W 15th St Little Rock, AR	3.0	1.0	1337	$950	$0.71	44d	1	1.08mi
119 N Monroe St Little Rock, AR	3.0	2.0	1490	$1,850	$1.24	44d	1	1.08mi
3825 W Markham St Little Rock, AR	2.0	1.0	950	$1,095	$1.15	44d	1	1.10mi
1511 S Cleveland St Little Rock, AR	3.0	2.0	1200	$1,295	$1.08	23d	1	1.12mi
3800 W Markham St Little Rock, AR	2.0	1.0	1196	$1,250	$1.05	44d	1	1.14mi

Listing history 31 events

1. 2026-06-18
   days on market $90,000 Active 218 DOM
2. 2026-06-17
   days on market $90,000 Active 217 DOM
3. 2026-06-16
   days on market $90,000 Active 216 DOM
4. 2026-06-15
   days on market $90,000 Active 215 DOM
5. 2026-06-14
   days on market $90,000 Active 213 DOM
6. 2026-06-13
   days on market $90,000 Active 212 DOM
7. 2026-06-10
   days on market $90,000 Active 210 DOM
8. 2026-06-09
   days on market $90,000 Active 209 DOM
9. 2026-06-08
   days on market $90,000 Active 208 DOM
10. 2026-06-05
    days on market $90,000 Active 204 DOM
11. 2026-06-03
    days on market $90,000 Active 203 DOM
12. 2026-06-02
    days on market $90,000 Active 202 DOM
13. 2026-06-01
    days on market $90,000 Active 201 DOM
14. 2026-05-31
    days on market $90,000 Active 200 DOM
15. 2026-05-31
    days on market $90,000 Active 199 DOM
16. 2026-05-12
    price $90,000 652-char remark

    Show marketing remark (652 chars)

    A good deal for a savvy investor with this 3-bedroom home. Located close to UALR, UAMS and VA Hospitals it's ideal to begin your investment portfolio. Currently tenant occupied on a lease until 03-31-2026. Rent is $995.00 per month. Lease expires 03-31-2026. All showings by appointment only on Monday-Friday 8:30-4:30 with a 24-hour notice. No Seller Property Disclosure available. Other properties available: 3709 W. 12, 4101 W. 13th, 2123 Bragg St. , 2703 Madison, 4020 Malloy and 8920 W. 37th. NOTE! Seller wants to sell the properties as a package and is ready to make someone a very good deal. Wholesale interest is welcome. Agents check remarks.

17. 2026-04-30
    status Back on Market 652-char remark

    Show marketing remark (652 chars)

    A good deal for a savvy investor with this 3-bedroom home. Located close to UALR, UAMS and VA Hospitals it's ideal to begin your investment portfolio. Currently tenant occupied on a lease until 03-31-2026. Rent is $995.00 per month. Lease expires 03-31-2026. All showings by appointment only on Monday-Friday 8:30-4:30 with a 24-hour notice. No Seller Property Disclosure available. Other properties available: 3709 W. 12, 4101 W. 13th, 2123 Bragg St. , 2703 Madison, 4020 Malloy and 8920 W. 37th. NOTE! Seller wants to sell the properties as a package and is ready to make someone a very good deal. Wholesale interest is welcome. Agents check remarks.

18. 2026-03-29
    historical 652-char remark

    Show marketing remark (652 chars)

    A good deal for a savvy investor with this 3-bedroom home. Located close to UALR, UAMS and VA Hospitals it's ideal to begin your investment portfolio. Currently tenant occupied on a lease until 03-31-2026. Rent is $995.00 per month. Lease expires 03-31-2026. All showings by appointment only on Monday-Friday 8:30-4:30 with a 24-hour notice. No Seller Property Disclosure available. Other properties available: 3709 W. 12, 4101 W. 13th, 2123 Bragg St. , 2703 Madison, 4020 Malloy and 8920 W. 37th. NOTE! Seller wants to sell the properties as a package and is ready to make someone a very good deal. Wholesale interest is welcome. Agents check remarks.

19. 2025-10-10
    listed $95,000 New Listing 652-char remark

    Show marketing remark (652 chars)

    A good deal for a savvy investor with this 3-bedroom home. Located close to UALR, UAMS and VA Hospitals it's ideal to begin your investment portfolio. Currently tenant occupied on a lease until 03-31-2026. Rent is $995.00 per month. Lease expires 03-31-2026. All showings by appointment only on Monday-Friday 8:30-4:30 with a 24-hour notice. No Seller Property Disclosure available. Other properties available: 3709 W. 12, 4101 W. 13th, 2123 Bragg St. , 2703 Madison, 4020 Malloy and 8920 W. 37th. NOTE! Seller wants to sell the properties as a package and is ready to make someone a very good deal. Wholesale interest is welcome. Agents check remarks.

20. 2024-10-14
    historical
21. 2024-09-06
    listed $108,000 New Listing
22. 2021-07-30
    status Under Contract
23. 2021-07-18
    historical
24. 2021-07-16
    soldstatus $75,000 Sold
25. 2021-07-14
    soldstatus $69,000
26. 2021-06-02
    historical Take Backups
27. 2021-05-31
    listed $71,950 New Listing
28. 2018-09-25
    soldstatus $30,000 Sold
29. 2018-08-21
    historical Take Backups
30. 2018-08-06
    listed $49,900 New Listing
31. 2002-10-09
    soldstatus $61,180

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AR · Resets to sale price

• Current annual tax: $888 · $74/mo
• Projected year-2 tax: $888 · $74/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥110°F today · 17 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,742
• − Mortgage interest: −$5,041
• − Property taxes: −$888
• − Insurance: −$450
• − Repairs & maintenance: −$1,179
• − Management: −$1,179
• − Depreciation: −$2,618
• Taxable income: $3,385
• Est. tax owed @ 24.0%: −$813
• After-tax cash flow: $3,832/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Little Rock School District
• NCES district ID: 0509000
• Math proficiency: 23% ▼ -12.00%
• Reading proficiency: 26% ▼ -8.00%
• Median HH income: $43,346
• Composite: 21.0/100
• National rank: #8457
• State rank: #183 of 238 in AR

Livability — Little Rock

• Score: 73/100
• State rank: #22
• US rank: #5295

Category grades

Amenities C+ Commute A+ Cost of living A+ Crime F Employment C Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Little Rock, AR
• County: Pulaski County · 372,764 people
• City population: 218,896
• Metro: Little Rock-North Little Rock-Conway, AR
• Population (ZIP): 30,525
• Household income: $40,882
• Rent vs Own: 41.5% rent · 58.5% own
• Severe rent burden: 1553.0

Population outlook (Pulaski County) Hauer SSP2

• Today (2025): 415,378 people
• By 2030: 423,720 · +2.0%
• By 2040: 435,182 · +4.8%
• By 2050: 440,904 · +6.1%
• By 2075: 445,521 · +7.3%
• By 2100: 419,173 · +0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (66%)
• Race & ethnicity: Black 66% White 18% Hispanic / Latino 12% Two or more races 6%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Slovak 1%
• Foreign-born: 7% · Canada, Vietnam
• Languages at home: 89% English-only · Spanish 9% Vietnamese 1%

Political lean MEDSL · Pulaski

• 2024 margin: Strong D (+22.1) · D 59.8% · R 37.7% · Other 2.5%
• 2008→2024 swing: +10.6pp toward D · 2008: 11.6pp · 2024: 22.1pp
• All cycles: 2024: D+22.1 2020: D+22.5 2016: D+17.9 2012: D+11.4 2008: D+11.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -47.17%
• Current HPI: 172.3977
• Rent YoY: ▲ 4.91%
• Metro: Little Rock-North Little Rock-Conway, AR
• State GDP YoY: ▲ 3.80%
• F500 in state: 10

Industry mix (Fortune 500 HQ in AR)

Industry	F500 HQs	Revenue
▸Retail	1	$681B
▸Food / Agriculture	1	$53B
▸Retail / Energy	1	$22B
▸Transportation / Logistics	1	$12B
▸Energy	1	$4B

Price history

+47.1% since first listed

16 events — show timeline

• 2026-05-12 Price Changed $90,000 CARMLS
• 2026-04-30 Relisted — CARMLS
• 2026-03-29 Listing Removed — CARMLS
• 2025-10-10 Listed $95,000 CARMLS
• 2024-10-14 Listing Removed — CARMLS
• 2024-09-06 Listed $108,000 CARMLS
• 2021-07-30 Pending — CARMLS
• 2021-07-18 Listing Removed — CARMLS
• 2021-07-16 Sold (MLS) $75,000 CARMLS
• 2021-07-14 Sold (Public Records) $69,000 Public Records
• 2021-06-02 Contingent — CARMLS
• 2021-05-31 Listed $71,950 CARMLS
• 2018-09-25 Sold (MLS) $30,000 CARMLS
• 2018-08-21 Contingent — CARMLS
• 2018-08-06 Listed $49,900 CARMLS
• 2002-10-09 Sold (Public Records) $61,180 Public Records

Property tax history

+4.2%/yr

Latest (2025): $888 · +0.0% YoY. Source: county tax records.