Duplex
606 Brierley Dr · Sherwood, AR
Flood risk 4/10 · Minor
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.23%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $1,499 – $2,785
Heat risk 7/10 · Major
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 9.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ 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 +9.1/10.0
- Condition / age +3.8/5.0
- Rent growth +3.7/5.0
- Livability +3.7/5.0
- Schools +2.6/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$198,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks
Previously update duplex in the Heart of Sherwood. 100% occupied. Looking to add to your portfolio? Starting your Real Estate journey? Large units w/ 3 Bed and 1.5 Bath at 1,169 sq/ft each. Off the street parking. These units have access to highway, restaurants, shopping, hospital systems and a bus route. No showing until under contact / please do not disturb the tenants. Duplex is 606 and 608 Brierley Drive in Sherwood.
Key facts
- Access to bus route
- Access to shopping
- Access to highway
Tags
Property features AI
Finance
- Financial info: Potential financing options include cash, FHA, conventional, and VA; Two income units: rents reported approximately $925–$950 for 3‑bed units
Exterior
- Parking: Parking pads
- Utilities: Municipal electric; Natural gas; Public sewer; Public water; Private telephone
- Home design: Multifamily building with 2 units; Located inside city limits; Zoned RES
- Construction: Other type of foundation (see remarks)
- Exterior features: Brick and frame combination exterior; Composition roof; Paved road access; Level lot in a subdivision
Interior
- Kitchen: Free‑standing stove; Dishwasher
- Bedrooms: Two 3-bedroom units
- Flooring: Partial carpet; Vinyl
- Bathrooms: Each unit has 1.5 bathrooms
- Heating & cooling: Central electric cooling; Central gas heat
- Interior features: Partial carpet and vinyl flooring; Storage building (exterior but accessible from interior units)
- Laundry & utility: All utilities paid by tenant
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 3.0-bed/1.5-bath units multifamily listed at $198k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $410 ($5k/yr) — positive. Per door: $205/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $198k).
- Recommended offer: $192k (3.0% below list) — sets the bar for market timing.
- Cap rate 11.4% vs local median 4.3% in Sherwood — 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 (#19 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
- Pulaski County Spec. School District (rural): math 27% / reading 31% proficiency, ranked #150 of 238 in AR (top 63%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising fast (+4.8%/yr); 243 active listings in the ZIP; solid renter incomes; 1,006 units permitted in Pulaski County in 2024 (0 in 5+ unit buildings).
- This rent runs 44% of the median local income ($77k/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 $1k of loan paydown is wiped out by about $6k 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 + 4.8% rent growth), your $55k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 46 days — a 3% lower offer ($192k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.41% ✓
- Cap rate
- 11.36%
- Cash-on-cash
- 18.11%
- DSCR
- 1.81
- GRM
- 5.9
CMA / ARV
- ARV (median comp)
- $140,556
- List price
- $198,000
- Delta
- 40.87%
- Verdict
- OVERPRICED
- Comps
- 7 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1412 Stafford Rd | 0.12mi | 6/4.0 | 2,337 (0%) | 17mo | $180,000 | $77 | 76 |
| 1406 Stafford Rd | 0.11mi | 6/4.0 | 2,412 (+3%) | 14mo | $175,000 | $73 | 74 |
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 · 4.81% rent growth · sell at horizon
- IRR
- -0.2%
- Equity multiple
- 0.99×
- Total profit
- $-492
- Equity at exit
- $29,522
- IRR
- 11.7%
- Equity multiple
- 2.02×
- Total profit
- $56,467
- Equity at exit
- $17,119
Cash invested: $55,440 (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
ZIP-level market 72120
- Rents YoY
- 4.8%
- Active inventory
- 243
- Price-to-rent
- 11.8×
Monthly cashflow live
- Estimated rent
- $2,791 high interval (Pro) →
- Mortgage (P&I)
- −$1,038
- Tax est. 1.5%
- −$248 /mo · $2,970/yr
- Insurance
- −$82
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$586
- Net cashflow
- $410
Break-even live
Sensitivity live
| Price | -10% $547 | -5% $478 | +0% $410 | +5% $342 | +10% $273 |
|---|---|---|---|---|---|
| Rent | -10% $190 | -5% $300 | +0% $410 | +5% $520 | +10% $631 |
| Rate | -1.0pp $510 | -0.5pp $460 | base $410 | +0.5pp $359 | +1.0pp $307 |
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 3.0 | 1.5 | $2,792 |
| #1 | 3.0 | 1.5 | $1,396 |
| #2 | 3.0 | 1.5 | $1,396 |
| Total (2 units) | $2,791 | ||
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
- $49,500
- Closing costs
- $5,940
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 17 events
-
2026-06-18days on market $198,000 Active 46 DOM
-
2026-06-17days on market $198,000 Active 45 DOM
-
2026-06-16days on market $198,000 Active 44 DOM
-
2026-06-15days on market $198,000 Active 43 DOM
-
2026-06-14days on market $198,000 Active 41 DOM
-
2026-06-13days on market $198,000 Active 40 DOM
-
2026-06-10days on market $198,000 Active 38 DOM
-
2026-06-09days on market $198,000 Active 37 DOM
-
2026-06-08days on market $198,000 Active 36 DOM
-
2026-06-07days on market $198,000 Active 35 DOM
-
2026-06-05days on market $198,000 Active 32 DOM
-
2026-06-03days on market $198,000 Active 31 DOM
-
2026-06-02days on market $198,000 Active 30 DOM
-
2026-06-01days on market $198,000 Active 29 DOM
-
2026-05-31days on market $198,000 Active 28 DOM
-
2026-05-31days on market $198,000 Active 27 DOM
-
2026-05-03$198,000 New Listing 425-char remark
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 4/10 Moderate FEMA zone AE · 23% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 7/10 Severe 7 d/yr ≥111°F today · 18 d/yr by 30 yrs out
- Wind 4/10 Moderate 9% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $33,492
- − Mortgage interest
- −$11,091
- − Property taxes
- −$2,970
- − Insurance
- −$6,108
- − Repairs & maintenance
- −$2,679
- − Management
- −$2,679
- − Depreciation
- −$5,760
- Taxable income
- $2,204
- Est. tax owed @ 24.0%
- −$529
- After-tax cash flow
- $4,391/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.
Condition & rehab AI · 12 photos
This well-maintained duplex is move-in ready with recent updates to the kitchen and bathrooms. It offers a good investment opportunity with potential for further cosmetic improvements.
Value-add opportunities
- Both Paint exterior walls — Enhances curb appeal and resale value
- Both Replace ceiling fans — Improves energy efficiency and aesthetics
Renovation cost estimate screening
Value-add ROI direction
- Both Paint exterior walls — Enhances curb appeal and resale value ↑
- Both Replace ceiling fans — Improves energy efficiency and aesthetics ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Pulaski County Spec. School District
- NCES district ID
- 0511850
- Math proficiency
- 27% ▼ -13.00%
- Reading proficiency
- 31% ▼ -10.00%
- Median HH income
- $53,218
- Composite
- 25.67/100
- National rank
- #7394
- State rank
- #150 of 238 in AR
Livability — Sherwood
- Score
- 73/100
- State rank
- #19
- US rank
- #5246
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Sherwood, AR
- County
- Pulaski County · 372,764 people
- City population
- 34,365
- Metro
- Little Rock-North Little Rock-Conway, AR
- Population (ZIP)
- 34,365
- Household income
- $76,598
- Rent vs Own
- Severe rent burden
- 774.0
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 White (65%)
- Race & ethnicity
- White 65% Black 26% Two or more races 5% Hispanic / Latino 4% Asian 1%
- Common ancestry
- Lithuanian 2% Slovak 1% Italian 1%
- Foreign-born
- 2% · Canada, South Korea
- Languages at home
- 96% English-only · Spanish 2% Korean 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
- ▼ -134.93%
- Current HPI
- 198.9456
- Rent YoY
- ▲ 4.81%
- 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 |
|
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| Food / Agriculture | 1 | $53B |
|
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| Retail / Energy | 1 | $22B |
|
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| Transportation / Logistics | 1 | $12B |
|
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| Energy | 1 | $4B |
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Price history
1 event — show timeline
- 2026-05-03 Listed $198,000 CARMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…