5400 Keats Dr · Little Rock, AR 72209

$104,900

4 bd · 2.0 ba · 1,480 sqft · SingleFamily public records · 21 Days on market

Built 1965 9,583 sqft lot Est $136k · 23% 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 +26.5/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +6.9/10.0
• 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

Wonderful 4 bedroom 2 bath in SWLR ! Lots of space throughout ! Big yard ! Close to shopping and dining ! Come check it out ! Tenant in place, rents for $975 ( 24hr notice required )

Key facts

• Proximity to schools
• Brick exterior
• Level lot

Tags

• BRICK EXTERIOR
• LEVEL LOT
• SIZEABLE BACKYARD
• ESTABLISHED NEIGHBORHOOD
• PROXIMITY TO SCHOOLS
• PROXIMITY TO SHOPPING CENTERS

Property features AI

Exterior

• Parking: Carport
• Utilities: Public sewer; Municipal electric (Entergy); Natural gas; Cable internet available
• Home design: Brick exterior
• Construction: Composition roof; Slab foundation
• Exterior features: Patio; Porch; Fully fenced yard; Level lot; Paved road access

Interior

• Kitchen: Built-in stove; Microwave; Dishwasher; Pantry
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central cooling (electric); Central heat (gas)
• Interior features: Washer connection; Smoke detector(s); Walk-in closet(s); Ceiling fan(s)
• Laundry & utility: Washer connection

🏷️ Possibly a rental listed for sale. The $104,900 price doesn't fit this home's estimated sale value (~$136,160) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $278 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $103k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.5% 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 (+4.8%/yr); 81 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 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 ($40k/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 $725 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 + 4.8% rent growth), your $29k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y 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

• 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 $103,326 (1.5% below list)

Questions for the listing agent

1. Built in 1965 — 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. 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?
4. 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.
5. 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.
6. 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: 1.19% ✓
• Cap rate: 9.47%
• Cash-on-cash: 11.35%
• DSCR: 1.50
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $136,160
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5709 Chaucer Ln	0.21mi	3/2.0 (-1)	1,506 (+2%)	7mo	$139,000	$92	76
8515 Dreher Ln	0.20mi	3/2.0 (-1)	1,420 (-4%)	10mo	$149,900	$106	71
5609 Chaucer Ln	0.13mi	3/2.0 (-1)	1,430 (-3%)	17mo	$150,000	$105	69
5405 Dreher Ln	0.17mi	3/2.0 (-1)	1,389 (-6%)	10mo	$178,000	$128	69
8207 Dreher Ln	0.15mi	3/2.0 (-1)	1,636 (+10%)	3mo	$100,500	$61	68
5306 Dreher Ln	0.19mi	3/2.0 (-1)	1,564 (+6%)	12mo	$105,000	$67	67
5812 Carlyle Dr	0.28mi	4/2.0	1,606 (+8%)	14mo	$168,000	$105	62
5900 Windamere Dr	0.33mi	3/2.0 (-1)	1,684 (+14%)	1mo	$160,000	$95	56
6 Trent Dr	0.66mi	4/1.5	1,400 (-5%)	4mo	$112,000	$80	55
9105 Sunset Ln	0.47mi	3/1.0 (-1)	1,584 (+7%)	11mo	$80,000	$51	48
7516 Sandra Dr	0.51mi	3/2.0 (-1)	1,332 (-10%)	14mo	$97,500	$73	43
1002 Stardust Trl	0.74mi	3/2.0 (-1)	1,370 (-7%)	12mo	$97,000	$71	38

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 · 4.78% rent growth · sell at horizon

5-year hold

• IRR: 2.6%
• Equity multiple: 1.10×
• Total profit: $2,986
• Equity at exit: $15,641

10-year hold

• IRR: 13.8%
• Equity multiple: 2.20×
• Total profit: $35,140
• Equity at exit: $9,070

Cash invested: $29,372 (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 72209

• Rents YoY: 4.8%
• Active inventory: 81
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,253 high
• Mortgage (P&I): −$550
• Tax from tax record: −$118 /mo · $1,418/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$263
• Net cashflow: $278

Break-even live

Break-even rent $901

Max offer price $104,900

Occupancy floor 73%

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5709 Windamere Dr Little Rock, AR	3.0	1.5	1213	$1,075	$0.89	23d	1	0.22mi
5806 Southwick Dr Little Rock, AR	3.0	1.5	1116	$1,295	$1.16	14d	1	0.54mi
5306 McClellan Dr Little Rock, AR	3.0	1.5	1044	$1,215	$1.16	43d	1	0.61mi
3 Regency Cir Little Rock, AR	3.0	1.5	1347	$1,175	$0.87	14d	1	0.65mi
9115 Ricky Ln Little Rock, AR	3.0	1.5	1160	$1,100	$0.95	14d	1	0.72mi
9220 Ricky Ln Little Rock, AR	3.0	1.0	954	$1,245	$1.31	14d	1	0.75mi
6111 Queensboro Dr Unit D Little Rock, AR	3.0	1.5	1100	$825	$0.75	23d	1	0.77mi
4013 Wooddale Dr Little Rock, AR	3.0	2.0	1442	$1,395	$0.97	21d	1	0.94mi
7305 E Wakefield Dr Little Rock, AR	3.0	1.5	1056	$1,150	$1.09	43d	1	0.98mi
29 Rugby Dr Little Rock, AR	3.0	1.0	1150	$1,150	$1.00	14d	1	1.05mi
21 Harrow Dr Little Rock, AR	3.0	1.0	875	$800	$0.91	14d	1	1.11mi
7 Harrow Dr Little Rock, AR	3.0	1.0	875	$1,095	$1.25	19d	1	1.15mi
6921 Knollwood Rd Little Rock, AR	3.0	2.0	1196	$1,195	$1.00	14d	1	1.18mi
10112 Palo Alto Dr Little Rock, AR	3.0	2.0	1062	$1,095	$1.03	43d	1	1.18mi
3717 Pine Cone Dr Little Rock, AR	4.0	1.5	1357	$1,195	$0.88	43d	1	1.23mi
7212 Fairfield Dr Little Rock, AR	5.0	2.0	1866	$1,700	$0.91	23d	1	1.29mi
7124 Twin Oaks Rd Little Rock, AR	3.0	1.0	912	$975	$1.07	23d	1	1.33mi
15 Timber Ln Little Rock, AR	3.0	1.5	925	$975	$1.05	43d	1	1.34mi
6120 Butler Rd Little Rock, AR	3.0	1.5	1447	$1,050	$0.73	23d	1	1.43mi

Listing history 30 events

1. 2026-06-18
   days on market $104,900 Active 21 DOM
2. 2026-06-17
   days on market $104,900 Active 20 DOM
3. 2026-06-16
   days on market $104,900 Active 19 DOM
4. 2026-06-15
   days on market $104,900 Active 18 DOM
5. 2026-06-14
   days on market $104,900 Active 16 DOM
6. 2026-06-13
   days on market $104,900 Active 15 DOM
7. 2026-06-10
   days on market $104,900 Active 13 DOM
8. 2026-06-09
   days on market $104,900 Active 12 DOM
9. 2026-06-08
   days on market $104,900 Active 11 DOM
10. 2026-06-07
    days on market $104,900 Active 10 DOM
11. 2026-06-05
    statusdays on market $104,900 Active 7 DOM
12. 2026-06-03
    days on market $104,900 New Listing 6 DOM
13. 2026-06-02
    days on market $104,900 New Listing 5 DOM
14. 2026-06-01
    days on market $104,900 New Listing 4 DOM
15. 2026-05-31
    days on market $104,900 New Listing 3 DOM
16. 2026-05-31
    days on market $104,900 New Listing 2 DOM
17. 2026-05-28
    listed $104,900 New Listing
18. 2021-10-27
    soldstatus $101,000
19. 2021-10-21
    soldstatus $101,000 Sold 182-char remark

    Show marketing remark (182 chars)

    Wonderful 4 bedroom 2 bath in SWLR ! Lots of space throughout ! Big yard ! Close to shopping and dining ! Come check it out ! Tenant in place, rents for $975 ( 24hr notice required )

20. 2021-09-24
    status Under Contract 182-char remark

    Show marketing remark (182 chars)

    Wonderful 4 bedroom 2 bath in SWLR ! Lots of space throughout ! Big yard ! Close to shopping and dining ! Come check it out ! Tenant in place, rents for $975 ( 24hr notice required )

21. 2021-09-14
    status Back on Market 182-char remark

    Show marketing remark (182 chars)

    Wonderful 4 bedroom 2 bath in SWLR ! Lots of space throughout ! Big yard ! Close to shopping and dining ! Come check it out ! Tenant in place, rents for $975 ( 24hr notice required )

22. 2021-08-19
    status Under Contract 182-char remark

    Show marketing remark (182 chars)

    Wonderful 4 bedroom 2 bath in SWLR ! Lots of space throughout ! Big yard ! Close to shopping and dining ! Come check it out ! Tenant in place, rents for $975 ( 24hr notice required )

23. 2021-08-12
    listed $109,000 New Listing 182-char remark

    Show marketing remark (182 chars)

    Wonderful 4 bedroom 2 bath in SWLR ! Lots of space throughout ! Big yard ! Close to shopping and dining ! Come check it out ! Tenant in place, rents for $975 ( 24hr notice required )

24. 2016-07-13
    soldstatus $89,000
25. 2016-03-04
    soldstatus $33,000 Sold 489-char remark

    Show marketing remark (489 chars)

    This large three bedroom two bath family home is a great find with LARGE shaded yard. Perfect investment opportunity. HUD Owned property For Sale. Sold As-Is. HUD Case #031-344966. Managed by www. MMREM.com. Exclusive Agency. For information on bidding, Earnest Money procedures and more, visit: www. HUDHomestore.com. Property is Sold “AS IS”. All Offers are to be submitted electronically at: www. HUDHomeStore.com. (SEE AGENT CONFIDENTIAL REMARKS FOR FURTHER INSTRUCTIONS)

26. 2016-01-13
    status Under Contract 489-char remark

    Show marketing remark (489 chars)

    This large three bedroom two bath family home is a great find with LARGE shaded yard. Perfect investment opportunity. HUD Owned property For Sale. Sold As-Is. HUD Case #031-344966. Managed by www. MMREM.com. Exclusive Agency. For information on bidding, Earnest Money procedures and more, visit: www. HUDHomestore.com. Property is Sold “AS IS”. All Offers are to be submitted electronically at: www. HUDHomeStore.com. (SEE AGENT CONFIDENTIAL REMARKS FOR FURTHER INSTRUCTIONS)

27. 2016-01-07
    price $36,100 489-char remark

    Show marketing remark (489 chars)

    This large three bedroom two bath family home is a great find with LARGE shaded yard. Perfect investment opportunity. HUD Owned property For Sale. Sold As-Is. HUD Case #031-344966. Managed by www. MMREM.com. Exclusive Agency. For information on bidding, Earnest Money procedures and more, visit: www. HUDHomestore.com. Property is Sold “AS IS”. All Offers are to be submitted electronically at: www. HUDHomeStore.com. (SEE AGENT CONFIDENTIAL REMARKS FOR FURTHER INSTRUCTIONS)

28. 2015-11-24
    listed $41,000 New Listing 489-char remark

    Show marketing remark (489 chars)

    This large three bedroom two bath family home is a great find with LARGE shaded yard. Perfect investment opportunity. HUD Owned property For Sale. Sold As-Is. HUD Case #031-344966. Managed by www. MMREM.com. Exclusive Agency. For information on bidding, Earnest Money procedures and more, visit: www. HUDHomestore.com. Property is Sold “AS IS”. All Offers are to be submitted electronically at: www. HUDHomeStore.com. (SEE AGENT CONFIDENTIAL REMARKS FOR FURTHER INSTRUCTIONS)

29. 2007-09-05
    soldstatus $96,000
30. 2004-07-08
    soldstatus $73,000

ⓘ 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: $1,418 · $118/mo
• Projected year-2 tax: $1,418 · $118/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 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 13% 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: $15,034
• − Mortgage interest: −$5,876
• − Property taxes: −$1,418
• − Insurance: −$524
• − Repairs & maintenance: −$1,203
• − Management: −$1,203
• − Depreciation: −$3,052
• Taxable income: $1,758
• Est. tax owed @ 24.0%: −$422
• After-tax cash flow: $2,911/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): 31,607
• Household income: $40,231
• Rent vs Own: 61.5% rent · 38.5% own
• Severe rent burden: 1510.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 57% Hispanic / Latino 33% Two or more races 15% White 8%
• Hispanic origin (detail): Mexican 21%
• Foreign-born: 14% · Canada
• Languages at home: 70% English-only · Spanish 29%

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: ▼ -151.75%
• Current HPI: 176.4492
• Rent YoY: ▲ 4.78%
• 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

+43.7% since first listed

14 events — show timeline

• 2026-05-28 Listed $104,900 CARMLS
• 2021-10-27 Sold (Public Records) $101,000 Public Records
• 2021-10-21 Sold (MLS) $101,000 CARMLS
• 2021-09-24 Pending — CARMLS
• 2021-09-14 Relisted — CARMLS
• 2021-08-19 Pending — CARMLS
• 2021-08-12 Listed $109,000 CARMLS
• 2016-07-13 Sold (Public Records) $89,000 Public Records
• 2016-03-04 Sold (MLS) $33,000 CARMLS
• 2016-01-13 Pending — CARMLS
• 2016-01-07 Price Changed $36,100 CARMLS
• 2015-11-24 Listed $41,000 CARMLS
• 2007-09-05 Sold (Public Records) $96,000 Public Records
• 2004-07-08 Sold (Public Records) $73,000 Public Records

Property tax history

+2.6%/yr

Latest (2025): $1,418 · +0.0% YoY. Source: county tax records.