1004 N G St · North Little Rock, AR 72114

$12,900

2 bd · 1.0 ba · 1,064 sqft · SingleFamily public records · 159 Days on market

Built 1960 6,534 sqft lot

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Why this score? — see what drove the D+ 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• 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

Fix & Flip, Rent, or Remodel - the choice is yours! Ready to roll up your sleeves? This home has all the potential to shine again. This property is being sold as-is and is perfect for investors, flippers, or buyers looking for a project.

Key facts

• 6,534 sq ft lot
• Built 1960
• Listed 159 days

Property features AI

Finance

• Financial info: Cash financing considered

Exterior

• Parking: Carport with side entry
• Utilities: Public water
• Home design: Wood exterior
• Construction: Crawl space foundation; Composition roof
• Exterior features: Level lot; Paved road

Interior

• Kitchen: Free‑standing stove
• Flooring: Carpet
• Bathrooms: 1 full bathroom
• Heating & cooling: Other heating/cooling (see remarks)
• Interior features: Carpet floors; Den/Family room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $13k.

Deal economics

• At list price, monthly cash flow is $547 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $13k).
• Recommended offer: $11k (12.0% below list) — sets the bar for market timing.
• Cap rate 71.3% 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; 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 41% 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 $89 of loan paydown is wiped out by about $349 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 (-2.7% appreciation + 3.1% rent growth), your $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 159 days — a 12% lower offer ($11k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $37k (74%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price; flood insurance adds $152/mo.
• Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance); extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $11,352 (12.0% below list)

Questions for the listing agent

1. It's been on market 159 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 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. 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.
11. 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.
12. 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: 7.90% ✓
• Cap rate: 71.29%
• Cash-on-cash: 232.12%
• DSCR: 11.33
• GRM: 1.1

CMA / ARV

• ARV (on-the-fly): $38,304
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
920 H St	0.07mi	3/1.0 (+1)	1,152 (+8%)	22mo	$42,000	$36	60

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: —
• Equity multiple: 10.18×
• Total profit: $33,149
• Equity at exit: $2,093

10-year hold

• IRR: —
• Equity multiple: 21.74×
• Total profit: $74,909
• Equity at exit: $1,409

Cash invested: $3,612 (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: 1.1×

Monthly cashflow live

• Estimated rent: $1,019 high
• Mortgage (P&I): −$68
• Tax from tax record: −$33 /mo · $395/yr
• Insurance: −$5
• Flood insurance flood zone: −$152 /mo · $1,824/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$214
• Net cashflow: $547

Break-even live

Break-even rent $327

Max offer price $12,900

Occupancy floor 41%

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: $3,225
• Closing costs: $387
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
814 N G St North Little Rock, AR	3.0	2.0	1280	$1,100	$0.86	23d	1	0.16mi
2908 E 2nd St North Little Rock, AR	1.0	1.0	741	$550	$0.74	23d	1	0.78mi
211 Crockett St North Little Rock, AR	2.0	1.0	1100	$850	$0.77	44d	1	0.83mi
515 Middle St North Little Rock, AR	2.0	1.0	894	$850	$0.95	14d	1	1.00mi
4701 Atkins St North Little Rock, AR	2.0	1.0	892	$925	$1.04	19d	1	1.02mi
607 Prothro St North Little Rock, AR	2.0	1.0	779	$825	$1.06	44d	1	1.09mi
4716 School St North Little Rock, AR	3.0	1.0	1347	$1,150	$0.85	44d	1	1.09mi
306 Boggs St North Little Rock, AR	2.0	1.0	1000	$850	$0.85	23d	1	1.13mi
4912 School St North Little Rock, AR	3.0	1.0	1056	$950	$0.90	23d	1	1.21mi
3000 N Hills Blvd North Little Rock, AR	3.0	1.0–3.0	922	$2,045	$2.22	14d	45	1.26mi
2107 Muldrow Dr North Little Rock, AR	3.0	1.0	900	$1,015	$1.13	44d	1	1.28mi
5204 Alpha St North Little Rock, AR	3.0	1.0	753	$850	$1.13	44d	1	1.33mi
2401 Lakeview Rd North Little Rock, AR	1.0–2.0	1.0–2.0	931	$1,368	$1.47	14d	20	1.35mi
1701 Skyline Dr Unit 123 North Little Rock, AR	1.0	1.0	800	$915	$1.14	23d	1	1.36mi
1701 Skyline Dr Unit 217 North Little Rock, AR	2.0	2.0	1000	$1,050	$1.05	23d	1	1.36mi
1701 Skyline Dr Unit 314 North Little Rock, AR	1.0	1.0	850	$925	$1.09	23d	1	1.36mi
1701 Skyline Dr North Little Rock, AR	1.0–2.0	1.0–2.0	900	$1,075	$1.19	14d	6	1.36mi
817 Greenlea Dr North Little Rock, AR	3.0	1.0	912	$1,195	$1.31	23d	1	1.46mi
717 Greenlea Dr North Little Rock, AR	3.0	1.0	912	$1,095	$1.20	44d	1	1.47mi

Listing history 8 events

1. 2026-04-27
   status Under Contract
2. 2026-04-20
   price $12,900
3. 2026-04-17
   status Back on Market
4. 2026-04-09
   historical Take Backups
5. 2026-03-17
   price $30,000
6. 2026-02-07
   price $42,000
7. 2025-12-06
   price $45,000
8. 2025-11-19
   listed $50,000 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: $395 · $33/mo
• Projected year-2 tax: $395 · $33/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 6/10 Major FEMA zone AH · 70% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,222
• − Mortgage interest: −$723
• − Property taxes: −$395
• − Insurance: −$1,889
• − Repairs & maintenance: −$978
• − Management: −$978
• − Depreciation: −$375
• Taxable income: $6,885
• Est. tax owed @ 24.0%: −$1,652
• After-tax cash flow: $4,907/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

-74.2% since first listed

8 events — show timeline

• 2026-04-27 Pending — CARMLS
• 2026-04-20 Price Changed $12,900 CARMLS
• 2026-04-17 Relisted — CARMLS
• 2026-04-09 Contingent — CARMLS
• 2026-03-17 Price Changed $30,000 CARMLS
• 2026-02-07 Price Changed $42,000 CARMLS
• 2025-12-06 Price Changed $45,000 CARMLS
• 2025-11-19 Listed $50,000 CARMLS

Property tax history

+3.2%/yr

Latest (2025): $395 · +14.2% YoY. Source: county tax records.