4 Wellford Dr · Little Rock, AR 72209

$104,900

3 bd · 2.0 ba · 1,205 sqft · SingleFamily public records · 70 Days on market

Built 1967 7,840 sqft lot Est $99k · 6% over

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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 +25.4/30.0
• DSCR +8.4/10.0
• 1% rule +5.7/10.0
• ARV discount +4.7/15.0
• 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 home for your family; walking distance to neighborhood elementary school. Fresh paint inside (and exterior) and new flooring throughout; vacant/SUPRA; go, show and offer.

Key facts

• Brick-front ranch
• Spacious lot
• Long driveway

Tags

• BRICK-FRONT RANCH
• SPACIOUS LOT
• MATURE TREES
• GENEROUS BACKYARD
• COVERED FRONT ENTRY
• LONG DRIVEWAY

Property features AI

Finance

• Financial info: Financing options may include VA, FHA, conventional loans, or cash

Exterior

• Parking: Carport for 1 car
• Security: Insulated doors
• Utilities: Public sewer; Public water; Municipal electric (Entergy); Natural gas
• Home design: Brick and frame exterior with metal/vinyl siding
• Construction: Slab foundation; Composition roof
• Exterior features: Fully fenced yard with chain-link fence; Paved road access

Interior

• Kitchen: Free-standing stove; Kitchen roughly 10 x 12
• Bedrooms: Master bedroom about 14 x 12; Second bedroom about 10 x 12; Third bedroom about 10 x 12; Formal living room
• Flooring: Carpet; Vinyl; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heat (gas); Central electric cooling
• Interior features: Washer connection; Dryer connection (gas and electric); Gas water heater; Sheetrock walls/ceilings
• Laundry & utility: Laundry room; Washer hookup; Dryer hookup (gas and electric)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $242 ($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: $99k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.1% 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); 87 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 44% 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 33% 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 ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 9y ago; this cycle's ask has dropped $10k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $70k; 49% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $98,606 (6.0% below list)

Questions for the listing agent

1. It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1967 — 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. 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?
6. 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.
7. 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.
8. 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: 1.07% ✓
• Cap rate: 9.06%
• Cash-on-cash: 9.87%
• DSCR: 1.44
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $98,810
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4 Wellford Dr	0.00mi	3/2.0	1,205 (0%)	1mo	$96,500	$80	100
7210 W Wakefield Dr Dr	0.36mi	3/1.0	1,175 (-2%)	6mo	$70,000	$60	70
20 S Wakefield	0.45mi	4/2.0 (+1)	1,220 (+1%)	4mo	$105,000	$86	68
37 Allyson Cir	0.54mi	3/1.0	1,223 (+2%)	1mo	$68,000	$56	68
43 S Wakefield Dr	0.33mi	3/2.0	1,139 (-6%)	10mo	$170,000	$149	67
5900 Lancaster Rd	0.62mi	3/1.5	1,196 (-1%)	12mo	$111,000	$93	58
5803 Butler Rd	0.70mi	3/2.0	1,217 (+1%)	10mo	$100,000	$82	57
5816 Butler Rd	0.68mi	4/1.5 (+1)	1,224 (+2%)	10mo	$68,250	$56	51
7516 Sandra Dr	0.44mi	3/2.0	1,332 (+10%)	14mo	$97,500	$73	50
5 Sheffield Dr	0.51mi	2/1.0 (-1)	1,150 (-5%)	14mo	$80,000	$70	48
7 Linkay Ct	0.68mi	3/2.0	1,075 (-11%)	6mo	$138,000	$128	45
6610 E Wakefield Dr	0.50mi	3/1.0	1,036 (-14%)	12mo	$101,000	$97	39

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: 0.3%
• Equity multiple: 1.01×
• Total profit: $395
• Equity at exit: $15,641

10-year hold

• IRR: 11.6%
• Equity multiple: 1.98×
• Total profit: $28,693
• 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: 87
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,118 high
• Mortgage (P&I): −$550
• Tax from tax record: −$48 /mo · $574/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$235
• Net cashflow: $242

Break-even live

Break-even rent $812

Max offer price $104,900

Occupancy floor 73%

Sensitivity live

Price	-10% $301	-5% $271	+0% $242	+5% $212	+10% $182
Rent	-10% $153	-5% $197	+0% $242	+5% $286	+10% $330
Rate	-1.0pp $294	-0.5pp $268	base $242	+0.5pp $214	+1.0pp $187

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 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
29 Rugby Dr Little Rock, AR	3.0	1.0	1150	$1,150	$1.00	15d	1	0.36mi
15 Timber Ln Little Rock, AR	3.0	1.5	925	$975	$1.05	45d	1	0.38mi
21 Harrow Dr Little Rock, AR	3.0	1.0	875	$800	$0.91	15d	1	0.40mi
6120 Butler Rd Little Rock, AR	3.0	1.5	1447	$1,050	$0.73	24d	1	0.45mi
7 Harrow Dr Little Rock, AR	3.0	1.0	875	$1,095	$1.25	20d	1	0.47mi
7305 E Wakefield Dr Little Rock, AR	3.0	1.5	1056	$1,150	$1.09	45d	1	0.57mi
5801 W 59th St Little Rock, AR	3.0	1.0	973	$1,173	$1.21	45d	1	0.70mi
5701 Dreher Ln Unit 30 Little Rock, AR	2.0	1.5	900	$905	$1.01	45d	1	0.90mi
5701 Dreher Ln Unit 100 Little Rock, AR	2.0	1.5	900	$905	$1.01	24d	1	0.90mi
5701 Dreher Ln Unit 11 Little Rock, AR	2.0	1.5	900	$905	$1.01	15d	1	0.90mi
15 Rolling Ln Little Rock, AR	3.0	1.0	1100	$1,000	$0.91	45d	1	0.94mi
5709 Windamere Dr Little Rock, AR	3.0	1.5	1213	$1,075	$0.89	24d	1	0.96mi
5216 Gum Springs Rd Little Rock, AR	3.0	1.0	1128	$1,050	$0.93	45d	1	1.00mi
6815 Forbing Rd Unit 26 Little Rock, AR	2.0	2.0	1170	$950	$0.81	45d	1	1.08mi
1 W Windsor Dr Little Rock, AR	4.0	2.0	1100	$1,250	$1.14	45d	1	1.33mi
24 Edgemont Dr Little Rock, AR	3.0	1.5	1008	$1,150	$1.14	24d	1	1.34mi
76 W Windsor Dr Little Rock, AR	3.0	2.0	1395	$1,190	$0.85	20d	1	1.47mi
9115 Ricky Ln Little Rock, AR	3.0	1.5	1160	$1,100	$0.95	15d	1	1.49mi

Listing history 16 events

1. 2026-04-12
   status Under Contract
2. 2026-04-07
   status Back on Market
3. 2026-03-11
   status Under Contract
4. 2026-02-25
   price $104,900
5. 2026-01-05
   listed $114,900 New Listing
6. 2021-06-24
   soldstatus $70,500
7. 2021-06-01
   soldstatus $70,500 Sold 180-char remark

   Show marketing remark (180 chars)

   wonderful home for your family; walking distance to neighborhood elementary school. Fresh paint inside (and exterior) and new flooring throughout; vacant/SUPRA; go, show and offer.

8. 2021-05-31
   historical 180-char remark

   Show marketing remark (180 chars)

   wonderful home for your family; walking distance to neighborhood elementary school. Fresh paint inside (and exterior) and new flooring throughout; vacant/SUPRA; go, show and offer.

9. 2021-05-18
   historical Take Backups 180-char remark

   Show marketing remark (180 chars)

   wonderful home for your family; walking distance to neighborhood elementary school. Fresh paint inside (and exterior) and new flooring throughout; vacant/SUPRA; go, show and offer.

10. 2021-05-17
    listed $79,000 New Listing 180-char remark

    Show marketing remark (180 chars)

    wonderful home for your family; walking distance to neighborhood elementary school. Fresh paint inside (and exterior) and new flooring throughout; vacant/SUPRA; go, show and offer.

11. 2019-10-22
    status Under Contract
12. 2019-10-01
    historical Take Backups
13. 2019-10-01
    historical
14. 2019-08-15
    listed $69,000 New Listing
15. 2017-10-06
    historical
16. 2017-09-21
    listed $59,000 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: $574 · $48/mo
• Projected year-2 tax: $671 · $56/mo
• Expected delta: +$98/yr (+$8/mo · 17.1%)

ⓘ 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 6/10 Major 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 11% 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: $13,416
• − Mortgage interest: −$5,876
• − Property taxes: −$574
• − Insurance: −$524
• − Repairs & maintenance: −$1,073
• − Management: −$1,073
• − Depreciation: −$3,052
• Taxable income: $1,244
• Est. tax owed @ 24.0%: −$299
• After-tax cash flow: $2,601/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

+77.8% since first listed

16 events — show timeline

• 2026-04-12 Pending — CARMLS
• 2026-04-07 Relisted — CARMLS
• 2026-03-11 Pending — CARMLS
• 2026-02-25 Price Changed $104,900 CARMLS
• 2026-01-05 Listed $114,900 CARMLS
• 2021-06-24 Sold (Public Records) $70,500 Public Records
• 2021-06-01 Sold (MLS) $70,500 CARMLS
• 2021-05-31 Listing Removed — CARMLS
• 2021-05-18 Contingent — CARMLS
• 2021-05-17 Listed $79,000 CARMLS
• 2019-10-22 Pending — CARMLS
• 2019-10-01 Contingent — CARMLS
• 2019-10-01 Listing Removed — CARMLS
• 2019-08-15 Listed $69,000 CARMLS
• 2017-10-06 Listing Removed — CARMLS
• 2017-09-21 Listed $59,000 CARMLS

Property tax history

-0.8%/yr

Latest (2025): $574 · +0.0% YoY. Source: county tax records.