1411 Parker St · North Little Rock, AR 72114

$89,900

2 bd · 1.0 ba · 900 sqft · SingleFamily public records · 27 Days on market

Built 1940 6,969 sqft lot

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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 +24.4/30.0
• DSCR +7.9/10.0
• ARV discount +7.5/15.0
• 1% rule +5.4/10.0
• Livability +3.7/5.0
• Appreciation +3.6/10.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks

Check out this cute 2-bedroom 1 bathroom house located in North Little Rock. It has an Eat-in-kitchen with granite countertops. Perfect property to add to your portfolio. See agent remarks. Tenant occupied. 24-hour notice required for showings. Agents see remarks! No SPD due to the owner never living in the property. Lease in place. Monday-Friday showings only. Any offer needs to have the following verbiage included "buyer is aware there is a lease in place and agree to the lease terms".

Key facts

• Eat-in-kitchen
• Granite countertops
• Detached

Tags

• EAT-IN-KITCHEN
• GRANITE COUNTERTOPS
• DETACHED

Property features AI

Exterior

• Parking: Parking pads
• Utilities: Public water; Public sewer
• Home design: Frame construction
• Construction: Frame exterior; Architectural shingle roof; Crawl space foundation
• Exterior features: Level lot; Inside city limits; Paved road access

Interior

• Kitchen: Free-standing stove
• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central cooling (electric); Central heating (gas)
• Interior features: Carpet and vinyl flooring; Free-standing stove

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $183 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($939 rent vs $90k).
• Recommended offer: $89k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 5.1% in North 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 (#24 in AR) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D+, crime F, amenities F.
• N. Little Rock School District (urban): math 21% / reading 26% proficiency, ranked #191 of 238 in AR (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.1%/yr); 67 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% 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 37% of the median local income ($30k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-2.7%/yr); year-one equity from $622 of loan paydown is wiped out by about $2k 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.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $88,551 (1.5% below list)

Questions for the listing agent

1. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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?
5. 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.
6. 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.
7. 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: 1.04% ✓
• Cap rate: 8.74%
• Cash-on-cash: 8.74%
• DSCR: 1.39
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $36,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1506 W 16th St	0.16mi	2/1.0	968 (+8%)	8mo	$96,000	$99	73
1103 Franklin St	0.24mi	2/1.0	966 (+7%)	13mo	$12,500	$13	66
1217 Park Dr	0.35mi	2/1.0	782 (-13%)	1mo	$80,000	$102	61
1705 W 16th St	0.29mi	2/1.0	832 (-8%)	18mo	$30,000	$36	59
2114 W Long 17th St	0.56mi	3/1.0 (+1)	939 (+4%)	5mo	$26,250	$28	58
705 W 22nd St	0.62mi	2/1.0	952 (+6%)	5mo	$38,000	$40	57
816 W 20th St	0.44mi	2/1.0	994 (+10%)	7mo	$18,000	$18	56
1724 Marion St	0.38mi	2/1.0	988 (+10%)	16mo	$60,000	$61	53
2122 W Short 17th St	0.59mi	2/1.0	792 (-12%)	4mo	$42,500	$54	49
1922 Augusta St	0.46mi	2/1.0	767 (-15%)	9mo	$20,000	$26	46
2020 W 16th St	0.48mi	2/1.0	1,012 (+12%)	15mo	$28,000	$28	44
1321 N Sycamore	0.49mi	2/1.0	1,008 (+12%)	19mo	$40,000	$40	41

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

Projected returns pro-forma

-2.7% appreciation · 3.14% rent growth · sell at horizon

5-year hold

• IRR: -1.7%
• Equity multiple: 0.93×
• Total profit: $-1,676
• Equity at exit: $14,588

10-year hold

• IRR: 7.5%
• Equity multiple: 1.59×
• Total profit: $14,971
• Equity at exit: $9,821

Cash invested: $25,172 (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 72114

• Home prices YoY: -2.2%
• Rents YoY: 3.1%
• Active inventory: 67
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $939 high
• Mortgage (P&I): −$471
• Tax from tax record: −$50 /mo · $596/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$197
• Net cashflow: $183

Break-even live

Break-even rent $707

Max offer price $89,900

Occupancy floor 75%

Sensitivity live

Price	-10% $234	-5% $209	+0% $183	+5% $158	+10% $132
Rent	-10% $109	-5% $146	+0% $183	+5% $220	+10% $257
Rate	-1.0pp $229	-0.5pp $206	base $183	+0.5pp $160	+1.0pp $136

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1317 W 16th St North Little Rock, AR	2.0	1.0	864	$675	$0.78	44d	1	0.13mi
1603 W Long 17th St Unit B North Little Rock, AR	3.0	1.0	1036	$650	$0.63	44d	1	0.28mi
1019 Frank St Unit B North Little Rock, AR	2.0	1.0	806	$850	$1.05	44d	1	0.29mi
1300 W 10th St North Little Rock, AR	2.0	1.0	852	$895	$1.05	44d	1	0.32mi
1603 Chandler St North Little Rock, AR	2.0	1.0	1080	$895	$0.83	44d	1	0.34mi
1600 Chandler St North Little Rock, AR	1.0	1.0	890	$595	$0.67	44d	1	0.36mi
1504 Allen St Unit 5 North Little Rock, AR	1.0	1.0	575	$500	$0.87	44d	1	0.38mi
2004 Franklin St Apt A North Little Rock, AR	1.0	1.0	850	$450	$0.53	44d	1	0.44mi
1908 Augusta St North Little Rock, AR	1.0	1.0	624	$595	$0.95	44d	1	0.45mi
1922 W Short 17th St Unit 2 North Little Rock, AR	2.0	1.0	800	$625	$0.78	44d	1	0.47mi
1308 W 21st St North Little Rock, AR	2.0	1.0	944	$945	$1.00	44d	1	0.48mi
115 College Park Cir North Little Rock, AR	1.0	1.0	646	$650	$1.01	24d	1	0.52mi
2021a W Short 17th St North Little Rock, AR	2.0	1.0	672	$750	$1.12	44d	1	0.53mi
1904 Allen St Unit 2 North Little Rock, AR	1.0	1.0	600	$550	$0.92	44d	1	0.54mi
128 College Park Cir Unit 1 North Little Rock, AR	2.0	1.0	975	$550	$0.56	44d	1	0.56mi
222 College Park Cir North Little Rock, AR	1.0	1.0	575	$595	$1.03	22d	1	0.56mi
1201 W 4th St North Little Rock, AR	1.0	1.0	740	$1,350	$1.82	44d	1	0.58mi
400 Parker St North Little Rock, AR	1.0	1.0	782	$1,300	$1.66	44d	1	0.59mi
1416 Willow St North Little Rock, AR	2.0	1.0	995	$1,999	$2.01	44d	1	0.59mi
314 Parker St North Little Rock, AR	1.0	1.5	940	$1,400	$1.49	20d	1	0.61mi
2320 Franklin St North Little Rock, AR	2.0	2.0	932	$750	$0.80	24d	1	0.65mi
1100 W 24th St North Little Rock, AR	3.0	1.0	1036	$1,295	$1.25	20d	1	0.66mi
605 W 22nd St North Little Rock, AR	2.0	1.0	686	$695	$1.01	20d	1	0.67mi
1120 Rockwater Blvd North Little Rock, AR	2.0	1.0–2.0	955	$2,175	$2.28	44d	1	0.67mi
5 North Little Rock, AR	1.0–2.0	1.0–2.0	1145	$2,394	$2.09	15d	7	0.81mi
1601 Rockwater Blvd North Little Rock, AR	1.0	1.0	724	$1,024	$1.41	15d	10	0.86mi
306 W 6th St North Little Rock, AR	2.0	2.0	1100	$1,750	$1.59	45d	1	0.87mi
523 N Orange St North Little Rock, AR	1.0	1.0	600	$1,075	$1.79	44d	1	0.88mi
523 N Orange St North Little Rock, AR	1.0	1.0	600	$1,075	$1.79	20d	1	0.88mi
1905 N Magnolia St North Little Rock, AR	1.0	1.0	625	$595	$0.95	44d	1	0.95mi
1913 N Magnolia St North Little Rock, AR	2.0	1.0	816	$675	$0.83	44d	1	0.97mi
1600 N Olive St North Little Rock, AR	3.0	1.0	1100	$900	$0.82	44d	1	1.01mi
111 E 4th St North Little Rock, AR	1.0–2.0	1.0–2.0	883	$1,320	$1.49	15d	6	1.09mi
712 N Olive St North Little Rock, AR	1.0	1.0	776	$1,250	$1.61	44d	1	1.11mi
724 North St #62 Little Rock, AR	2.0	2.0	905	$1,600	$1.77	15d	1	1.18mi
1 Coolwood Dr #14 Little Rock, AR	1.0	1.0	588	$825	$1.40	44d	1	1.30mi
605 W Scenic Dr North Little Rock, AR	3.0	2.0	1040	$1,050	$1.01	44d	1	1.33mi
605 W Scenic Dr North Little Rock, AR	2.0	1.0	820	$875	$1.07	20d	1	1.33mi
75 Riverfront Dr Little Rock, AR	1.0–2.0	1.0–2.0	1089	$1,546	$1.42	15d	24	1.34mi
1512 W 35th St North Little Rock, AR	2.0	1.0	848	$875	$1.03	15d	1	1.35mi

Listing history 47 events

1. 2026-06-18
   days on market $89,900 Active 27 DOM
2. 2026-06-17
   days on market $89,900 Active 26 DOM
3. 2026-06-16
   days on market $89,900 Active 25 DOM
4. 2026-06-15
   days on market $89,900 Active 24 DOM
5. 2026-06-14
   days on market $89,900 Active 22 DOM
6. 2026-06-13
   days on market $89,900 Active 21 DOM
7. 2026-06-10
   days on market $89,900 Active 19 DOM
8. 2026-06-09
   days on market $89,900 Active 18 DOM
9. 2026-06-08
   days on market $89,900 Active 17 DOM
10. 2026-06-07
    days on market $89,900 Active 16 DOM
11. 2026-06-05
    days on market $89,900 Active 13 DOM
12. 2026-06-03
    days on market $89,900 Active 12 DOM
13. 2026-06-02
    days on market $89,900 Active 11 DOM
14. 2026-06-01
    days on market $89,900 Active 10 DOM
15. 2026-05-31
    days on market $89,900 Active 9 DOM
16. 2026-05-31
    days on market $89,900 Active 8 DOM
17. 2026-05-22
    listed $89,900 New Listing
18. 2026-04-16
    historical $850
19. 2026-03-28
    price $850
20. 2026-03-12
    listed $875
21. 2026-03-11
    historical
22. 2026-02-23
    status Back on Market
23. 2026-02-11
    status Under Contract
24. 2026-01-07
    historical Take Backups
25. 2026-01-07
    historical $875
26. 2025-12-11
    listed $875
27. 2025-12-03
    price $90,000
28. 2025-07-25
    listed $92,000 New Listing
29. 2025-07-25
    listed $100,000 New Listing
30. 2025-07-25
    historical
31. 2024-12-05
    historical $875
32. 2024-10-29
    listed $875
33. 2021-02-10
    soldstatus $86,500
34. 2021-02-05
    soldstatus $86,500 Sold
35. 2021-01-26
    historical
36. 2020-09-28
    historical
37. 2020-09-28
    listed $86,500
38. 2020-04-27
    historical
39. 2020-04-03
    status Back on Market
40. 2020-03-18
    historical Take Backups
41. 2020-03-13
    price $22,000
42. 2020-01-02
    status Back on Market
43. 2019-12-05
    status Under Contract
44. 2019-11-11
    listed $27,599 New Listing
45. 2019-10-28
    historical
46. 2019-09-25
    historical Take Backups
47. 2019-07-24
    listed $30,636 New Listing

ⓘ 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: $596 · $50/mo
• Projected year-2 tax: $596 · $50/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 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% 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: $11,268
• − Mortgage interest: −$5,036
• − Property taxes: −$596
• − Insurance: −$450
• − Repairs & maintenance: −$901
• − Management: −$901
• − Depreciation: −$2,615
• Taxable income: $769
• Est. tax owed @ 24.0%: −$184
• After-tax cash flow: $2,014/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: N. Little Rock School District
• NCES district ID: 0510680
• Math proficiency: 21% ▼ -11.00%
• Reading proficiency: 26% ▼ -9.00%
• Median HH income: $38,325
• Composite: 19.69/100
• National rank: #8728
• State rank: #191 of 238 in AR

Livability — North Little Rock

• Score: 73/100
• State rank: #24
• US rank: #5452

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Little Rock, AR
• County: Pulaski County · 372,764 people
• City population: 55,470
• Metro: Little Rock-North Little Rock-Conway, AR
• Population (ZIP): 10,093
• Household income: $30,175
• Rent vs Own: 75.2% rent · 24.8% own
• Severe rent burden: 995.0

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 (70%)
• Race & ethnicity: Black 70% White 23% Hispanic / Latino 4% Two or more races 3%
• Common ancestry: Slovak 1% Serbian 1%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1% Other Asian/Pacific 0%

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: ▼ -2.70%
• Current HPI: 121.4243
• Rent YoY: ▲ 3.14%
• 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

+193.4% since first listed

31 events — show timeline

• 2026-05-22 Listed $89,900 CARMLS
• 2026-04-16 Rental Removed $850 CARMLS
• 2026-03-28 Price Changed $850 CARMLS
• 2026-03-12 Listed for Rent $875 CARMLS
• 2026-03-11 Listing Removed — CARMLS
• 2026-02-23 Relisted — CARMLS
• 2026-02-11 Pending — CARMLS
• 2026-01-07 Contingent — CARMLS
• 2026-01-07 Rental Removed $875 CARMLS
• 2025-12-11 Listed for Rent $875 CARMLS
• 2025-12-03 Price Changed $90,000 CARMLS
• 2025-07-25 Listing Removed — CARMLS
• 2025-07-25 Listed $100,000 CARMLS
• 2025-07-25 Listed $92,000 CARMLS
• 2024-12-05 Rental Removed $875 CARMLS
• 2024-10-29 Listed for Rent $875 CARMLS
• 2021-02-10 Sold (Public Records) $86,500 Public Records
• 2021-02-05 Sold (MLS) $86,500 CARMLS
• 2021-01-26 Listing Removed — CARMLS
• 2020-09-28 Listed $86,500 CARMLS
• 2020-09-28 Listing Removed — CARMLS
• 2020-04-27 Listing Removed — CARMLS
• 2020-04-03 Relisted — CARMLS
• 2020-03-18 Contingent — CARMLS
• 2020-03-13 Price Changed $22,000 CARMLS
• 2020-01-02 Relisted — CARMLS
• 2019-12-05 Pending — CARMLS
• 2019-11-11 Listed $27,599 CARMLS
• 2019-10-28 Listing Removed — CARMLS
• 2019-09-25 Contingent — CARMLS
• 2019-07-24 Listed $30,636 CARMLS

Property tax history

+4.3%/yr

Latest (2025): $596 · +6.0% YoY. Source: county tax records.