1008 Talihana · North Little Rock, AR 72120

$215,000

3 bd · 2.0 ba · 1,923 sqft · SingleFamily public records · 65 Days on market

Built 1978 0.25 ac lot $112/sqft · 20% below area Est $264k · 19% under

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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).

• ARV discount +15.0/15.0
• Cash flow +9.0/30.0
• Rent growth +3.7/5.0
• Livability +3.7/5.0
• 1% rule +2.6/10.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in the inviting Indian Hills neighborhood, this charming 3 bedroom, 2 full bath home and 2 car garage is just waiting for you! With 2 full bathrooms, it's comfortable and spacious. You'll enjoy a lovely front and back yard, perfect for relaxing or entertaining. A bonus building in the back offers endless possibilities! You will find all new appliances and a cozy fireplace. This is a perfect fit for a growing family or medium size family looking to create lasting memories.

Key facts

• 0.25 acre lot
• 2 garage spots
• Built 1978

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-169 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $185k (13.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $163k (24.0% below list).
• Recommended offer: $163k (24.0% below list) — sets the bar for 1% rule.

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 (+4.8%/yr); 243 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $1k of loan paydown is wiped out by about $6k 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 65 days — a 6% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $34k (14%) 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 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $163,321 (24.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.76% ✗
• Cap rate: 5.35%
• Cash-on-cash: -3.36%
• DSCR: 0.85
• GRM: 11.0

CMA / ARV

• ARV (median comp): $264,043
• List price: $215,000
• Delta: -18.57%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1008 Talihana	0.00mi	3/2.0	1,900 (-1%)	0mo	$215,000	$113	98
13 Stanwood Loop	0.18mi	3/2.0	1,962 (+2%)	4mo	$193,800	$99	85
7200 Sequoyah Ln	0.30mi	3/2.0	1,933 (+0%)	4mo	$257,000	$133	82
9 Stanwood Loop	0.16mi	3/2.0	1,773 (-8%)	2mo	$235,000	$133	78
1216 N Point Ln	0.33mi	3/2.0	1,738 (-10%)	2mo	$237,572	$137	67
1704 War Eagle Dr	0.50mi	4/2.0 (+1)	2,005 (+4%)	2mo	$267,500	$133	63
47 Perin Rd	0.60mi	3/2.0	1,826 (-5%)	3mo	$200,000	$110	61
1010 Claycut Cir	0.47mi	3/2.0	2,127 (+11%)	1mo	$296,000	$139	59
1901 Osceola St	0.68mi	3/2.0	2,020 (+5%)	1mo	$220,000	$109	59
1813 Osage Dr	0.62mi	3/2.0	1,768 (-8%)	2mo	$215,000	$122	56
1504 War Eagle Dr	0.34mi	3/2.5	2,203 (+15%)	3mo	$310,000	$141	55
1813 Aztec Dr	0.70mi	4/2.0 (+1)	1,675 (-13%)	4mo	$211,000	$126	37

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 · 4.81% rent growth · sell at horizon

5-year hold

• IRR: -20.0%
• Equity multiple: 0.29×
• Total profit: $-42,541
• Equity at exit: $32,057

10-year hold

• IRR: -9.5%
• Equity multiple: 0.37×
• Total profit: $-37,944
• Equity at exit: $18,589

Cash invested: $60,200 (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 72120

• Rents YoY: 4.8%
• Active inventory: 243
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,633 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$242 /mo · $2,901/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$343
• Net cashflow: $-169

Break-even live

Break-even rent $1,847

Max offer price $185,219

Occupancy floor —

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7308 Pontiac Dr North Little Rock, AR	3.0	2.0	2012	$1,800	$0.89	23d	1	0.51mi
7014 Ponderosa Dr North Little Rock, AR	3.0	2.0	1394	$1,545	$1.11	23d	1	0.64mi
1816 Osage Dr North Little Rock, AR	3.0	1.5	1396	$2,800	$2.01	43d	1	0.67mi
6324 Allwood Dr Unit 2 North Little Rock, AR	2.0	1.0	2562	$1,200	$0.47	43d	1	0.70mi
808 Silver Hill Rd Unit NA North Little Rock, AR	3.0	2.0	1850	$1,600	$0.86	19d	1	0.85mi
508 Westfield Dr North Little Rock, AR	4.0	2.0	1434	$1,595	$1.11	21d	1	0.85mi
6530 Corsica Dr North Little Rock, AR	3.0	2.0	1820	$1,495	$0.82	43d	1	1.02mi
5813 N Walnut Rd North Little Rock, AR	3.0	2.0	1886	$1,800	$0.95	23d	1	1.06mi
5704 Belle Point Rd North Little Rock, AR	4.0	3.0	2552	$1,995	$0.78	14d	1	1.18mi
5501 N Walnut Rd North Little Rock, AR	3.0	2.0	1669	$1,450	$0.87	43d	1	1.24mi
321 Club Rd Unit 1 Sherwood, AR	2.0	2.5	1275	$1,095	$0.86	23d	1	1.45mi
351 Club Rd Unit 2 Sherwood, AR	2.0	2.5	1275	$1,095	$0.86	23d	1	1.48mi

Listing history 23 events

1. 2026-06-15
   status $215,000 Under Contract 65 DOM
2. 2026-06-15
   days on market $215,000 Take Backups 65 DOM
3. 2026-06-14
   days on market $215,000 Take Backups 63 DOM
4. 2026-06-13
   days on market $215,000 Take Backups 62 DOM
5. 2026-06-10
   days on market $215,000 Take Backups 60 DOM
6. 2026-06-09
   days on market $215,000 Take Backups 59 DOM
7. 2026-06-08
   days on market $215,000 Take Backups 58 DOM
8. 2026-06-07
   days on market $215,000 Take Backups 57 DOM
9. 2026-06-05
   days on market $215,000 Take Backups 54 DOM
10. 2026-06-03
    days on market $215,000 Take Backups 53 DOM
11. 2026-06-02
    days on market $215,000 Take Backups 52 DOM
12. 2026-06-01
    days on market $215,000 Take Backups 51 DOM
13. 2026-05-31
    days on market $215,000 Take Backups 50 DOM
14. 2026-05-31
    days on market $215,000 Take Backups 49 DOM
15. 2026-04-28
    price $242,000 484-char remark

    Show marketing remark (484 chars)

    Located in the inviting Indian Hills neighborhood, this charming 3 bedroom, 2 full bath home and 2 car garage is just waiting for you! With 2 full bathrooms, it's comfortable and spacious. You'll enjoy a lovely front and back yard, perfect for relaxing or entertaining. A bonus building in the back offers endless possibilities! You will find all new appliances and a cozy fireplace. This is a perfect fit for a growing family or medium size family looking to create lasting memories.

16. 2026-04-23
    price $242,500 484-char remark

    Show marketing remark (484 chars)

    Located in the inviting Indian Hills neighborhood, this charming 3 bedroom, 2 full bath home and 2 car garage is just waiting for you! With 2 full bathrooms, it's comfortable and spacious. You'll enjoy a lovely front and back yard, perfect for relaxing or entertaining. A bonus building in the back offers endless possibilities! You will find all new appliances and a cozy fireplace. This is a perfect fit for a growing family or medium size family looking to create lasting memories.

17. 2026-04-10
    listed $249,500 New Listing 484-char remark

    Show marketing remark (484 chars)

    Located in the inviting Indian Hills neighborhood, this charming 3 bedroom, 2 full bath home and 2 car garage is just waiting for you! With 2 full bathrooms, it's comfortable and spacious. You'll enjoy a lovely front and back yard, perfect for relaxing or entertaining. A bonus building in the back offers endless possibilities! You will find all new appliances and a cozy fireplace. This is a perfect fit for a growing family or medium size family looking to create lasting memories.

18. 2021-08-31
    soldstatus $215,000
19. 2021-08-27
    soldstatus $215,000 Sold 374-char remark

    Show marketing remark (374 chars)

    One level 3BR/2BA on a quiet street in NLR. Updated Kitchen has lots of workspace, gas cook top, granite counters, and breakfast bar. Great Room has vaulted ceiling, and fireplace. New carpet in all three bedrooms. Water feature in the backyard with a large deck perfect for entertaining or relaxing. Unique and beautiful landscaping in the front yard as well. Get in today!

20. 2021-07-30
    status Under Contract 374-char remark

    Show marketing remark (374 chars)

    One level 3BR/2BA on a quiet street in NLR. Updated Kitchen has lots of workspace, gas cook top, granite counters, and breakfast bar. Great Room has vaulted ceiling, and fireplace. New carpet in all three bedrooms. Water feature in the backyard with a large deck perfect for entertaining or relaxing. Unique and beautiful landscaping in the front yard as well. Get in today!

21. 2021-07-04
    historical Take Backups 374-char remark

    Show marketing remark (374 chars)

    One level 3BR/2BA on a quiet street in NLR. Updated Kitchen has lots of workspace, gas cook top, granite counters, and breakfast bar. Great Room has vaulted ceiling, and fireplace. New carpet in all three bedrooms. Water feature in the backyard with a large deck perfect for entertaining or relaxing. Unique and beautiful landscaping in the front yard as well. Get in today!

22. 2021-07-02
    listed $215,000 New Listing 374-char remark

    Show marketing remark (374 chars)

    One level 3BR/2BA on a quiet street in NLR. Updated Kitchen has lots of workspace, gas cook top, granite counters, and breakfast bar. Great Room has vaulted ceiling, and fireplace. New carpet in all three bedrooms. Water feature in the backyard with a large deck perfect for entertaining or relaxing. Unique and beautiful landscaping in the front yard as well. Get in today!

23. 2015-08-07
    soldstatus $148,000

ⓘ 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: $2,901 · $242/mo
• Projected year-2 tax: $2,901 · $242/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 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 6 d/yr ≥112°F today · 15 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: $19,599
• − Mortgage interest: −$12,043
• − Property taxes: −$2,901
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,568
• − Management: −$1,568
• − Depreciation: −$6,255
• Taxable loss: −$5,811
• Est. tax savings @ 24.0%: +$1,395
• After-tax cash flow: $-628/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): 34,365
• Household income: $76,598
• Rent vs Own: 28.5% rent · 71.5% own
• Severe rent burden: 774.0

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 White (65%)
• Race & ethnicity: White 65% Black 26% Two or more races 5% Hispanic / Latino 4% Asian 1%
• Common ancestry: Lithuanian 2% Slovak 1% Italian 1%
• Foreign-born: 2% · Canada, South Korea
• Languages at home: 96% English-only · Spanish 2% Korean 1%

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: ▼ -134.93%
• Current HPI: 198.9456
• Rent YoY: ▲ 4.81%
• 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

+63.5% since first listed

9 events — show timeline

• 2026-04-28 Price Changed $242,000 CARMLS
• 2026-04-23 Price Changed $242,500 CARMLS
• 2026-04-10 Listed $249,500 CARMLS
• 2021-08-31 Sold (Public Records) $215,000 Public Records
• 2021-08-27 Sold (MLS) $215,000 CARMLS
• 2021-07-30 Pending — CARMLS
• 2021-07-04 Contingent — CARMLS
• 2021-07-02 Listed $215,000 CARMLS
• 2015-08-07 Sold (Public Records) $148,000 Public Records

Property tax history

+2.7%/yr

Latest (2025): $2,901 · +6.0% YoY. Source: county tax records.