417 Lindenhurst · North Little Rock, AR 72118

$119,000

4 bd · 1.0 ba · 910 sqft · SingleFamily public records · 60 Days on market

Built 1972 7,840 sqft lot $131/sqft · 34% above area Est $121k · at est.

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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 +22.3/30.0
• ARV discount +8.1/15.0
• DSCR +7.1/10.0
• 1% rule +5.2/10.0
• 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

Refreshed 4 bedroom 2 bath home! New paint throughout. Great sized back yard. Fantastic home for first time homebuyers or investors looking for a solid add to their portfolio. Property could qualify for 0% down for qualified buyers.

Key facts

• 7,840 sq ft lot
• Built 1972
• Listed 59 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $119k.

Deal economics

• At list price, monthly cash flow is $195 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $119k).
• Recommended offer: $115k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.3% 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: 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 fast (+5.5%/yr); 107 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,006 units permitted in Pulaski County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $823 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.
• At projected returns (-3.0% appreciation + 5.5% rent growth), your $33k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 60 days — a 3% lower offer ($115k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y 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 $85k; 40% 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 $115,430 (3.0% below list)

Questions for the listing agent

1. It's been on market 60 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.02% ✓
• Cap rate: 8.26%
• Cash-on-cash: 7.03%
• DSCR: 1.31
• GRM: 8.2

CMA / ARV

• ARV (median comp): $120,592
• List price: $119,000
• Delta: -1.32%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
205 Wisteria Dr	0.22mi	3/1.0 (-1)	900 (-1%)	5mo	$62,000	$69	79
5311 Wood St	0.47mi	3/1.0 (-1)	888 (-2%)	1mo	$100,225	$113	68
30 Oakview Dr	0.42mi	3/1.0 (-1)	910 (0%)	11mo	$65,000	$71	66
5416 Allen St	0.33mi	3/1.0 (-1)	930 (+2%)	13mo	$45,000	$48	66
815 W 52nd	0.56mi	3/1.5 (-1)	900 (-1%)	10mo	$95,000	$106	56
706 W 56th St	0.31mi	3/1.0 (-1)	1,038 (+14%)	3mo	$95,000	$92	54
704 W 56th St	0.30mi	3/1.0 (-1)	1,006 (+10%)	11mo	$107,000	$106	54
5701 Meadowbrook Ln	0.34mi	3/1.5 (-1)	1,032 (+13%)	1mo	$100,200	$97	54
5321 Marion St	0.48mi	3/1.0 (-1)	840 (-8%)	8mo	$93,000	$111	53
1007 W 52nd St	0.64mi	3/1.5 (-1)	950 (+4%)	9mo	$107,000	$113	49
1320 W 57th	0.63mi	3/1.5 (-1)	936 (+3%)	13mo	$121,500	$130	48
5901 Hacienda Dr	0.54mi	3/1.0 (-1)	1,044 (+15%)	1mo	$136,000	$130	45

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: -2.9%
• Equity multiple: 0.89×
• Total profit: $-3,768
• Equity at exit: $17,743

10-year hold

• IRR: 9.2%
• Equity multiple: 1.78×
• Total profit: $26,024
• Equity at exit: $10,289

Cash invested: $33,320 (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: 107
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,215 high
• Mortgage (P&I): −$624
• Tax from tax record: −$91 /mo · $1,094/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$255
• Net cashflow: $195

Break-even live

Break-even rent $968

Max offer price $119,000

Occupancy floor 79%

Sensitivity live

Price	-10% $263	-5% $229	+0% $195	+5% $162	+10% $128
Rent	-10% $99	-5% $147	+0% $195	+5% $243	+10% $291
Rate	-1.0pp $255	-0.5pp $226	base $195	+0.5pp $164	+1.0pp $133

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: $29,750
• Closing costs: $3,570
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
405 Paula Dr North Little Rock, AR	3.0	1.0	962	$1,095	$1.14	45d	1	0.05mi
58 Somerset Dr North Little Rock, AR	3.0	1.0	910	$1,150	$1.26	45d	1	0.15mi
5 Oakview Dr North Little Rock, AR	3.0	1.0	884	$995	$1.13	45d	1	0.28mi
5413 N Main St North Little Rock, AR	3.0	1.0	1107	$1,075	$0.97	45d	1	0.37mi
5804 Foxboro Dr North Little Rock, AR	3.0	2.0	1071	$1,200	$1.12	24d	1	0.41mi
109 Farmere Cir North Little Rock, AR	3.0	1.0	1051	$1,190	$1.13	45d	1	0.49mi
5703 Del Prado St North Little Rock, AR	3.0	1.5	1050	$1,395	$1.33	24d	1	0.50mi
5218 Nelbrook Dr North Little Rock, AR	3.0	1.0	954	$1,080	$1.13	24d	1	0.65mi
4017 Mellene Dr North Little Rock, AR	3.0	1.0	1094	$1,150	$1.05	45d	1	1.16mi
2214 Coors Dr North Little Rock, AR	3.0	2.0	1096	$1,050	$0.96	24d	1	1.19mi
4000 Emerson Dr North Little Rock, AR	3.0	2.0	1046	$1,195	$1.14	20d	1	1.23mi
5708 Sonora Dr North Little Rock, AR	3.0	1.0	900	$1,100	$1.22	24d	1	1.49mi

Listing history 29 events

1. 2026-06-21
   days on market $119,000 Active 60 DOM
2. 2026-06-18
   days on market $119,000 Active 57 DOM
3. 2026-06-17
   days on market $119,000 Active 56 DOM
4. 2026-06-16
   days on market $119,000 Active 55 DOM
5. 2026-06-15
   days on market $119,000 Active 54 DOM
6. 2026-06-14
   days on market $119,000 Active 52 DOM
7. 2026-06-13
   days on market $119,000 Active 51 DOM
8. 2026-06-10
   days on market $119,000 Active 49 DOM
9. 2026-06-09
   days on market $119,000 Active 48 DOM
10. 2026-06-08
    days on market $119,000 Active 47 DOM
11. 2026-06-07
    statusdays on market $119,000 Active 46 DOM
12. 2026-06-05
    days on market $119,000 Price Change 43 DOM
13. 2026-06-03
    days on market $119,000 Price Change 42 DOM
14. 2026-06-02
    days on market $119,000 Price Change 41 DOM
15. 2026-06-01
    days on market $119,000 Price Change 40 DOM
16. 2026-06-01
    pricestatus $119,000 Price Change 39 DOM
17. 2026-05-31
    days on market $125,000 Active 39 DOM
18. 2026-05-31
    days on market $125,000 Active 38 DOM
19. 2026-04-22
    listed $125,000 New Listing 232-char remark

    Show marketing remark (232 chars)

    Refreshed 4 bedroom 2 bath home! New paint throughout. Great sized back yard. Fantastic home for first time homebuyers or investors looking for a solid add to their portfolio. Property could qualify for 0% down for qualified buyers.

20. 2024-12-07
    historical $1,095
21. 2024-11-13
    listed $1,095
22. 2021-03-22
    historical 241-char remark

    Show marketing remark (241 chars)

    Cute and updated home, close to Camp Robinson. Great first time home or for investment! Two living areas. Lots of new, heat/air, stove, dishwasher, refrigerator, washer/dryer stays!! Brand new bathroom, the other one updated! Come see today!

23. 2021-03-22
    soldstatus $85,000

    Show marketing remark (241 chars)

    Cute and updated home, close to Camp Robinson. Great first time home or for investment! Two living areas. Lots of new, heat/air, stove, dishwasher, refrigerator, washer/dryer stays!! Brand new bathroom, the other one updated! Come see today!

24. 2021-03-12
    soldstatus $85,000 Sold 241-char remark

    Show marketing remark (241 chars)

    Cute and updated home, close to Camp Robinson. Great first time home or for investment! Two living areas. Lots of new, heat/air, stove, dishwasher, refrigerator, washer/dryer stays!! Brand new bathroom, the other one updated! Come see today!

25. 2021-02-11
    historical Take Backups 241-char remark

    Show marketing remark (241 chars)

    Cute and updated home, close to Camp Robinson. Great first time home or for investment! Two living areas. Lots of new, heat/air, stove, dishwasher, refrigerator, washer/dryer stays!! Brand new bathroom, the other one updated! Come see today!

26. 2021-01-28
    price $93,000 241-char remark

    Show marketing remark (241 chars)

    Cute and updated home, close to Camp Robinson. Great first time home or for investment! Two living areas. Lots of new, heat/air, stove, dishwasher, refrigerator, washer/dryer stays!! Brand new bathroom, the other one updated! Come see today!

27. 2021-01-13
    price $99,400 241-char remark

    Show marketing remark (241 chars)

    Cute and updated home, close to Camp Robinson. Great first time home or for investment! Two living areas. Lots of new, heat/air, stove, dishwasher, refrigerator, washer/dryer stays!! Brand new bathroom, the other one updated! Come see today!

28. 2020-12-22
    listed $99,900 New Listing 241-char remark

    Show marketing remark (241 chars)

    Cute and updated home, close to Camp Robinson. Great first time home or for investment! Two living areas. Lots of new, heat/air, stove, dishwasher, refrigerator, washer/dryer stays!! Brand new bathroom, the other one updated! Come see today!

29. 2018-12-18
    soldstatus $65,000

ⓘ 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: $1,094 · $91/mo
• Projected year-2 tax: $1,094 · $91/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: $14,584
• − Mortgage interest: −$6,666
• − Property taxes: −$1,094
• − Insurance: −$595
• − Repairs & maintenance: −$1,167
• − Management: −$1,167
• − Depreciation: −$3,462
• Taxable income: $434
• Est. tax owed @ 24.0%: −$104
• After-tax cash flow: $2,239/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

+92.3% since first listed

11 events — show timeline

• 2026-04-22 Listed $125,000 CARMLS
• 2024-12-07 Rental Removed $1,095 SHOWMOJO
• 2024-11-13 Listed for Rent $1,095 SHOWMOJO
• 2021-03-22 Listing Removed — CARMLS
• 2021-03-22 Sold (Public Records) $85,000 Public Records
• 2021-03-12 Sold (MLS) $85,000 CARMLS
• 2021-02-11 Contingent — CARMLS
• 2021-01-28 Price Changed $93,000 CARMLS
• 2021-01-13 Price Changed $99,400 CARMLS
• 2020-12-22 Listed $99,900 CARMLS
• 2018-12-18 Sold (Public Records) $65,000 Public Records

Property tax history

+4.4%/yr

Latest (2025): $1,094 · +6.0% YoY. Source: county tax records.