2324 Moss St · North Little Rock, AR 72114

$116,900

3 bd · 1.5 ba · 1,441 sqft · SingleFamily public records · 153 Days on market

Built 1972 5,662 sqft lot $81/sqft · 37% below area Est $186k · 37% under

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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 +23.8/30.0
• ARV discount +15.0/15.0
• DSCR +7.7/10.0
• 1% rule +5.3/10.0
• 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 MLS

* No showings will be permitted without an agreed-upon price and an executed sales contract. * Please do not disturb tenants. Renovated 3-bedroom, 1.5-bath home in North Little Rock featuring stylish updates and durable vinyl plank flooring. A covered carport offers convenient parking, and the clean, modern interior makes this property a great option for investors or future homeowners. Currently leased for $1,095/month with a lease in place through 2/25/2026, offering reliable rental income.

Key facts

• Covered carport
• Detached
• 5,662 sq ft lot

Tags

• DURABLE VINYL PLANK FLOORING
• COVERED CARPORT
• CLEAN MODERN INTERIOR
• DETACHED

🏷️ Possibly a rental listed for sale. The $116,900 price doesn't fit this home's estimated sale value (~$185,820) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $117k.

Deal economics

• At list price, monthly cash flow is $224 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $117k).
• Recommended offer: $103k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 5.0% 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: crime F, amenities F, employment D-.
• 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.
• Zoned schools: Boone Park Elementary School (math 12% / reading 12%, grade F, #419 of 454 statewide, top 93%, 414 students, 100% FRL); Lakewood Middle School (math 23% / reading 32%, grade F, #155 of 201 statewide, top 77%, 1,115 students, 100% FRL); North Little Rock High School (math 12% / reading 26%, grade F, #248 of 292 statewide, top 86%, 1,949 students, 100% FRL) — zoned schools average 100% FRL vs 66% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.1%/yr); 69 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 47d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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).
• At $1,203/mo this rent would consume 48% of the median local household income ($30k/yr) (locally 995% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-2.7%/yr); year-one equity from $808 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.

Negotiation context

• It's been on market 153 days — a 12% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 2y 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.
• Current owner paid $48k; list at $117k implies a 146% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $102,872 (12.0% below list)

Questions for the listing agent

1. It's been on market 153 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 1972 — 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. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.03% ✓
• Cap rate: 8.59%
• Cash-on-cash: 8.21%
• DSCR: 1.37
• GRM: 8.1

CMA / ARV

• ARV (median comp): $185,820
• List price: $116,900
• Delta: -37.09%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
421 W 24th St	0.38mi	3/2.0	1,518 (+5%)	4mo	$219,900	$145	68
1516 Sycamore St	0.73mi	3/1.0	1,418 (-2%)	2mo	$72,000	$51	59
1711 W Long 17th St	0.60mi	3/2.0	1,368 (-5%)	4mo	$219,900	$161	58
1623 Marion St	0.48mi	3/2.0	1,339 (-7%)	6mo	$153,000	$114	58
100 E Scenic Dr	0.42mi	3/2.0	1,328 (-8%)	10mo	$161,000	$121	57
2019 W Short 17th St	0.69mi	3/2.0	1,470 (+2%)	6mo	$135,000	$92	57
1519 Schaer St	0.56mi	3/1.0	1,535 (+6%)	5mo	$20,000	$13	57
1620 Chandler St	0.53mi	3/2.0	1,516 (+5%)	10mo	$65,000	$43	56
409 W 21st St	0.45mi	3/2.0	1,556 (+8%)	10mo	$56,500	$36	55
6 Farvu Ct	0.53mi	3/2.5	1,348 (-6%)	7mo	$222,000	$165	55
500 W 17th St	0.60mi	4/1.5 (+1)	1,328 (-8%)	5mo	$109,000	$82	50
1812 W Long 17th St	0.66mi	3/1.0	1,284 (-11%)	6mo	$34,000	$26	44

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: -2.4%
• Equity multiple: 0.91×
• Total profit: $-3,093
• Equity at exit: $18,969

10-year hold

• IRR: 6.8%
• Equity multiple: 1.53×
• Total profit: $17,489
• Equity at exit: $12,771

Cash invested: $32,732 (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: 69
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,203 high
• Mortgage (P&I): −$613
• Tax from tax record: −$64 /mo · $774/yr
• Insurance: −$49
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $224

Break-even live

Break-even rent $919

Max offer price $116,900

Occupancy floor 76%

Sensitivity live

Price	-10% $290	-5% $257	+0% $224	+5% $191	+10% $158
Rent	-10% $129	-5% $176	+0% $224	+5% $271	+10% $319
Rate	-1.0pp $283	-0.5pp $254	base $224	+0.5pp $194	+1.0pp $163

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: $29,225
• Closing costs: $3,507
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1100 W 24th St North Little Rock, AR	3.0	1.0	1036	$1,295	$1.25	21d	1	0.05mi
2316 Parker St North Little Rock, AR	4.0	1.0	1146	$1,195	$1.04	26d	1	0.09mi
2320 Franklin St North Little Rock, AR	2.0	2.0	932	$750	$0.80	26d	1	0.15mi
823 W 20th St North Little Rock, AR	3.0	2.0	1250	$1,470	$1.18	26d	1	0.27mi
1308 W 21st St North Little Rock, AR	2.0	1.0	944	$945	$1.00	46d	1	0.29mi
5 Cliffwood Cir North Little Rock, AR	3.0	2.0	1662	$1,195	$0.72	26d	1	0.36mi
128 College Park Cir Unit 1 North Little Rock, AR	2.0	1.0	975	$550	$0.56	46d	1	0.46mi
600 W 18th St North Little Rock, AR	3.0	1.0	1157	$895	$0.77	17d	1	0.53mi
1603 W Long 17th St Unit B North Little Rock, AR	3.0	1.0	1036	$650	$0.63	46d	1	0.58mi
1603 Chandler St North Little Rock, AR	2.0	1.0	1080	$895	$0.83	46d	1	0.58mi
1519 W 15th St North Little Rock, AR	3.0	2.0	1250	$1,470	$1.18	46d	1	0.68mi
3423 Chandler St Unit B North Little Rock, AR	2.0	1.0	928	$725	$0.78	46d	1	0.70mi
407 W 33rd St North Little Rock, AR	3.0	2.0	1472	$1,025	$0.70	46d	1	0.71mi
1508 Sycamore St North Little Rock, AR	2.0	1.0	1320	$1,175	$0.89	46d	1	0.75mi
2021 W Long 17th St North Little Rock, AR	3.0	1.0	1268	$895	$0.71	46d	1	0.76mi
508 W 35th St North Little Rock, AR	2.0	1.0	876	$850	$0.97	26d	1	0.77mi
1524 Orange St North Little Rock, AR	3.0	2.0	1350	$1,000	$0.74	26d	1	0.82mi
1416 Willow St North Little Rock, AR	2.0	1.0	995	$1,999	$2.01	46d	1	0.82mi
1920 N Poplar St North Little Rock, AR	4.0	2.0	1422	$1,595	$1.12	17d	1	0.84mi
3619 Sycamore St Unit B North Little Rock, AR	3.0	2.0	1220	$975	$0.80	17d	1	0.87mi
605 W Scenic Dr North Little Rock, AR	3.0	2.0	1040	$1,050	$1.01	46d	1	0.89mi
5 North Little Rock, AR	1.0–2.0	1.0–2.0	1145	$2,394	$2.09	17d	7	0.90mi
1111 Parker St North Little Rock, AR	3.0	2.5	1719	$1,800	$1.05	24d	1	0.90mi
801 W Scenic Dr North Little Rock, AR	2.0	2.5	1000	$995	$0.99	17d	1	0.95mi
127 Crestview Dr Unit 3 North Little Rock, AR	2.0	1.0	880	$825	$0.94	46d	1	0.96mi
300 Cherry Hill Dr Unit 5 North Little Rock, AR	2.0	1.0	880	$825	$0.94	46d	1	0.97mi
1236 W 10th St North Little Rock, AR	3.0	1.0	1185	$795	$0.67	46d	1	1.02mi
1009 W Scenic Dr North Little Rock, AR	2.0	1.5	1050	$1,100	$1.05	46d	1	1.06mi
4116 Moss St North Little Rock, AR	2.0	1.0	1139	$850	$0.75	26d	1	1.07mi
1600 N Olive St North Little Rock, AR	3.0	1.0	1100	$900	$0.82	46d	1	1.07mi
4000 Emerson Dr North Little Rock, AR	3.0	2.0	1046	$1,195	$1.14	21d	1	1.10mi
5 Sweet Rose Ln North Little Rock, AR	3.0	1.5	960	$1,150	$1.20	26d	1	1.12mi
11 Sweet Rose Ln North Little Rock, AR	3.0	1.0	950	$1,150	$1.21	46d	1	1.14mi
4017 Mellene Dr North Little Rock, AR	3.0	1.0	1094	$1,150	$1.05	46d	1	1.14mi
134 Melrose Cir North Little Rock, AR	3.0	2.0	1322	$1,750	$1.32	24d	1	1.15mi
117 Link Rd North Little Rock, AR	3.0	2.0	1407	$1,600	$1.14	46d	1	1.17mi
124 Melrose Cir North Little Rock, AR	2.0	2.0	1200	$1,950	$1.62	17d	1	1.18mi
1220 W 4th St North Little Rock, AR	2.0	1.0	1315	$2,150	$1.63	26d	1	1.31mi
325 W I Ave North Little Rock, AR	2.0	1.0	1100	$1,300	$1.18	17d	1	1.34mi
1120 Rockwater Blvd North Little Rock, AR	2.0	1.0–2.0	955	$2,175	$2.28	46d	1	1.37mi

Listing history 30 events

1. 2026-06-23
   days on market $116,900 Active 153 DOM
2. 2026-06-21
   days on market $116,900 Active 152 DOM
3. 2026-06-18
   days on market $116,900 Active 149 DOM
4. 2026-06-17
   days on market $116,900 Active 148 DOM
5. 2026-06-16
   days on market $116,900 Active 147 DOM
6. 2026-06-15
   days on market $116,900 Active 146 DOM
7. 2026-06-14
   days on market $116,900 Active 144 DOM
8. 2026-06-13
   days on market $116,900 Active 143 DOM
9. 2026-06-10
   days on market $116,900 Active 141 DOM
10. 2026-06-09
    days on market $116,900 Active 140 DOM
11. 2026-06-08
    days on market $116,900 Active 139 DOM
12. 2026-06-07
    days on market $116,900 Active 138 DOM
13. 2026-06-05
    days on market $116,900 Active 135 DOM
14. 2026-06-03
    days on market $116,900 Active 134 DOM
15. 2026-06-02
    days on market $116,900 Active 133 DOM
16. 2026-06-01
    days on market $116,900 Active 132 DOM
17. 2026-05-31
    days on market $116,900 Active 131 DOM
18. 2026-05-31
    days on market $116,900 Active 130 DOM
19. 2026-01-20
    listed $116,900 New Listing 497-char remark

    Show marketing remark (497 chars)

    * No showings will be permitted without an agreed-upon price and an executed sales contract. * Please do not disturb tenants. Renovated 3-bedroom, 1.5-bath home in North Little Rock featuring stylish updates and durable vinyl plank flooring. A covered carport offers convenient parking, and the clean, modern interior makes this property a great option for investors or future homeowners. Currently leased for $1,095/month with a lease in place through 2/25/2026, offering reliable rental income.

20. 2025-12-31
    historical
21. 2025-07-08
    listed $119,900 New Listing
22. 2025-02-28
    historical $1,095
23. 2025-02-19
    historical $1,095
24. 2025-01-04
    listed $1,095
25. 2024-12-11
    historical $1,195
26. 2024-10-26
    listed $1,195
27. 2024-07-18
    listed $1,195
28. 2021-10-28
    soldstatus $47,500
29. 2008-04-04
    soldstatus $31,518
30. 2007-01-12
    soldstatus $61,000

ⓘ 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: $774 · $64/mo
• Projected year-2 tax: $774 · $64/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 · 18 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: $14,433
• − Mortgage interest: −$6,548
• − Property taxes: −$774
• − Insurance: −$584
• − Repairs & maintenance: −$1,155
• − Management: −$1,155
• − Depreciation: −$3,401
• Taxable income: $817
• Est. tax owed @ 24.0%: −$196
• After-tax cash flow: $2,492/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

+91.6% since first listed

12 events — show timeline

• 2026-01-20 Listed $116,900 CARMLS
• 2025-12-31 Listing Removed — CARMLS
• 2025-07-08 Listed $119,900 CARMLS
• 2025-02-28 Rental Removed $1,095 CARMLS
• 2025-02-19 Rental Removed $1,095 PROPERTYWARE
• 2025-01-04 Listed for Rent $1,095 PROPERTYWARE
• 2024-12-11 Rental Removed $1,195 PROPERTYWARE
• 2024-10-26 Listed for Rent $1,195 CARMLS
• 2024-07-18 Listed for Rent $1,195 PROPERTYWARE
• 2021-10-28 Sold (Public Records) $47,500 Public Records
• 2008-04-04 Sold (Public Records) $31,518 Public Records
• 2007-01-12 Sold (Public Records) $61,000 Public Records

Property tax history

-0.4%/yr

Latest (2025): $774 · +6.0% YoY. Source: county tax records.