4803 Lynn Ln · North Little Rock, AR 72118

$139,500

3 bd · 1.5 ba · 2,466 sqft · SingleFamily public records · 74 Days on market

Built 1961 8,276 sqft lot $57/sqft · 17% below area Est $134k · at est.

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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 +16.8/30.0
• ARV discount +5.6/15.0
• DSCR +5.2/10.0
• 1% rule +4.4/10.0
• Rent growth +3.9/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this inviting home in North Little Rock offering comfort, space, and flexibility. With 3 bedrooms and 1.5 baths, this well-laid-out property features multiple living areas—perfect for both entertaining and everyday living. The main level includes all three bedrooms, a bright living space, and a functional kitchen, while the lower level adds even more versatility with an additional living area, dedicated laundry room, and extra storage. With approximately 1,966 square feet of living space, there’s plenty of room to spread out and make it your own. Whether you’re hosting guests or just unwinding at home, this layout offers the flexibility you’ve been looking for. Schedule your showing today and see all this home has to offer!

Key facts

• Bright living space
• Functional kitchen
• Extra storage

Tags

• MULTIPLE LIVING AREAS
• BRIGHT LIVING SPACE
• FUNCTIONAL KITCHEN
• DEDICATED LAUNDRY ROOM
• EXTRA STORAGE
• DETACHED

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $89 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $132k (5.5% below list).
• Recommended offer: $131k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.1% 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: Amboy Elementary School (math 17% / reading 17%, grade F, #398 of 454 statewide, top 89%, 482 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 fast (+5.5%/yr); 106 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,006 units permitted in Pulaski County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($50k/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 $964 of loan paydown is wiped out by about $4k 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 74 days — a 6% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $131,130 (6.0% below list)

Questions for the listing agent

1. It's been on market 74 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 1961 — 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. 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?
8. 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.
9. 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.
10. 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: 0.94% ✗
• Cap rate: 7.06%
• Cash-on-cash: 2.73%
• DSCR: 1.12
• GRM: 8.8

CMA / ARV

• ARV (median comp): $133,867
• List price: $139,500
• Delta: 4.21%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
404 Sierra Madre Dr Dr	0.42mi	4/3.0 (+1)	2,243 (-9%)	1mo	$96,000	$43	54
1911 Arrowhead Rd	0.06mi	4/2.5 (+1)	2,127 (-14%)	21mo	$153,000	$72	48

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 · 5.47% rent growth · sell at horizon

5-year hold

• IRR: -9.3%
• Equity multiple: 0.65×
• Total profit: $-13,574
• Equity at exit: $20,800

10-year hold

• IRR: 3.2%
• Equity multiple: 1.26×
• Total profit: $10,011
• Equity at exit: $12,061

Cash invested: $39,060 (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 72118

• Home prices YoY: -17.9%
• Rents YoY: 5.5%
• Active inventory: 106
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,318 medium
• Mortgage (P&I): −$732
• Tax from tax record: −$163 /mo · $1,952/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$277
• Net cashflow: $89

Break-even live

Break-even rent $1,205

Max offer price $139,500

Occupancy floor 88%

Sensitivity live

Price	-10% $168	-5% $128	+0% $89	+5% $49	+10% $10
Rent	-10% $-15	-5% $37	+0% $89	+5% $141	+10% $193
Rate	-1.0pp $159	-0.5pp $124	base $89	+0.5pp $53	+1.0pp $16

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: $34,875
• Closing costs: $4,185
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5 Cliffwood Cir North Little Rock, AR	3.0	2.0	1662	$1,195	$0.72	25d	1	1.16mi
4612 N Cypress St North Little Rock, AR	3.0	2.0	1636	$1,450	$0.89	45d	1	1.47mi

Listing history 29 events

1. 2026-06-21
   days on market $139,500 Active 74 DOM
2. 2026-06-18
   days on market $139,500 Active 71 DOM
3. 2026-06-17
   days on market $139,500 Active 70 DOM
4. 2026-06-16
   days on market $139,500 Active 69 DOM
5. 2026-06-15
   days on market $139,500 Active 68 DOM
6. 2026-06-14
   days on market $139,500 Active 66 DOM
7. 2026-06-13
   days on market $139,500 Active 65 DOM
8. 2026-06-10
   days on market $139,500 Active 63 DOM
9. 2026-06-09
   days on market $139,500 Active 62 DOM
10. 2026-06-08
    days on market $139,500 Active 61 DOM
11. 2026-06-07
    days on market $139,500 Active 60 DOM
12. 2026-06-05
    days on market $139,500 Active 57 DOM
13. 2026-06-03
    days on market $139,500 Active 56 DOM
14. 2026-06-02
    days on market $139,500 Active 55 DOM
15. 2026-06-01
    days on market $139,500 Active 54 DOM
16. 2026-05-31
    days on market $139,500 Active 53 DOM
17. 2026-05-31
    days on market $139,500 Active 52 DOM
18. 2026-05-05
    price $139,500 768-char remark

    Show marketing remark (768 chars)

    Welcome to this inviting home in North Little Rock offering comfort, space, and flexibility. With 3 bedrooms and 1.5 baths, this well-laid-out property features multiple living areas—perfect for both entertaining and everyday living. The main level includes all three bedrooms, a bright living space, and a functional kitchen, while the lower level adds even more versatility with an additional living area, dedicated laundry room, and extra storage. With approximately 1,966 square feet of living space, there’s plenty of room to spread out and make it your own. Whether you’re hosting guests or just unwinding at home, this layout offers the flexibility you’ve been looking for. Schedule your showing today and see all this home has to offer!

19. 2026-04-01
    listed $149,500 New Listing 768-char remark

    Show marketing remark (768 chars)

    Welcome to this inviting home in North Little Rock offering comfort, space, and flexibility. With 3 bedrooms and 1.5 baths, this well-laid-out property features multiple living areas—perfect for both entertaining and everyday living. The main level includes all three bedrooms, a bright living space, and a functional kitchen, while the lower level adds even more versatility with an additional living area, dedicated laundry room, and extra storage. With approximately 1,966 square feet of living space, there’s plenty of room to spread out and make it your own. Whether you’re hosting guests or just unwinding at home, this layout offers the flexibility you’ve been looking for. Schedule your showing today and see all this home has to offer!

20. 2022-06-14
    historical
21. 2022-05-05
    price $162,735
22. 2022-05-04
    status Price Change
23. 2022-02-10
    historical
24. 2021-11-09
    listed $158,735 New Listing
25. 2019-12-20
    soldstatus $132,000
26. 2019-03-04
    status Under Contract
27. 2019-03-01
    soldstatus $58,675 Sold
28. 2019-02-12
    historical Take Backups
29. 2018-10-05
    listed $79,900 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: $1,952 · $163/mo
• Projected year-2 tax: $1,952 · $163/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: $15,816
• − Mortgage interest: −$7,814
• − Property taxes: −$1,952
• − Insurance: −$698
• − Repairs & maintenance: −$1,265
• − Management: −$1,265
• − Depreciation: −$4,058
• Taxable loss: −$1,236
• Est. tax savings @ 24.0%: +$297
• After-tax cash flow: $1,363/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): 22,913
• Household income: $49,559
• Rent vs Own: 48.8% rent · 51.2% own
• Severe rent burden: 1149.0

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 0.64)
• Race & ethnicity: Black 42% White 42% Hispanic / Latino 11% Two or more races 5%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 2% Slovak 1% Italian 1%
• Foreign-born: 7% · Canada
• Languages at home: 89% English-only · Spanish 10%

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: ▼ -39.32%
• Current HPI: 180.6901
• Rent YoY: ▲ 5.47%
• 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

+74.6% since first listed

12 events — show timeline

• 2026-05-05 Price Changed $139,500 CARMLS
• 2026-04-01 Listed $149,500 CARMLS
• 2022-06-14 Listing Removed — CARMLS
• 2022-05-05 Price Changed $162,735 CARMLS
• 2022-05-04 Relisted — CARMLS
• 2022-02-10 Listing Removed — CARMLS
• 2021-11-09 Listed $158,735 CARMLS
• 2019-12-20 Sold (Public Records) $132,000 Public Records
• 2019-03-04 Pending — CARMLS
• 2019-03-01 Sold (MLS) $58,675 CARMLS
• 2019-02-12 Contingent — CARMLS
• 2018-10-05 Listed $79,900 CARMLS

Property tax history

+3.9%/yr

Latest (2025): $1,952 · +6.0% YoY. Source: county tax records.