1406 Vine St · North Little Rock, AR 72214

$120,000

3 bd · 1.0 ba · 992 sqft · SingleFamily public records · 24 Days on market

Built 1960 6,534 sqft lot $121/sqft · 67% above area

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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 +17.9/30.0
• ARV discount +7.5/15.0
• DSCR +5.6/10.0
• Appreciation +5.0/10.0
• Livability +3.7/5.0
• 1% rule +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

Welcome to 1406 Vine Street! This inviting 3-bedroom, 1.5-bath home features 992 sq. ft. of well-utilized space, perfect for those seeking a cozy and comfortable living environment. Recently remodeled, this house offers modern touches and a fresh atmosphere. Situated in a community with convenient access to local amenities, it’s an ideal option for first-time buyers or those looking for a manageable space. Don’t miss out on the chance to own this charming home—schedule your showing today! * * * Priced to Sell Quickly * * *

Key facts

• 6,534 sq ft lot
• 3 parking spots
• Built 1960

Property features AI

Finance

• HOA & community: Annual HOA frequency

Exterior

• Parking: 1- to 2-car parking
• Utilities: Public water; Electric service via cooperative
• Home design: Single-family property
• Construction: Wood and Hardie Board exterior; Crawl space foundation; 3-tab shingle roof
• Exterior features: Level lot; Inside city limits; Paved road access

Interior

• Kitchen: Free-standing stove; Refrigerator stays
• Flooring: Laminate
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central electric heating; Central electric cooling
• Interior features: Laminate flooring; Free-standing stove; Refrigerator stays

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $102 ($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 $103k (13.8% below list).
• Recommended offer: $103k (13.8% below list) — sets the bar for 1% rule.
• Cap rate 7.3% 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: 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: Seventh Street Elem. School (math 2% / reading 2%, grade F, #452 of 454 statewide, top 100%, 351 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: 4 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 64% 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

• In year one you build about $4k of equity ($830 loan paydown + $4k appreciation (3.0% local appreciation)).
• 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 + 3.0% rent growth), your $34k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y 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.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $103,432 (13.8% below list)

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.86% ✗
• Cap rate: 7.31%
• Cash-on-cash: 3.64%
• DSCR: 1.16
• GRM: 9.7

CMA / ARV

• ARV (median comp): $71,805
• List price: $120,000
• Delta: 74.08%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
400 E 12th St	0.31mi	2/1.0 (-1)	1,056 (+6%)	8mo	$22,500	$21	64
617 N Walnut	0.58mi	3/2.0	984 (-1%)	13mo	$145,000	$147	57
2008 N Magnolia St	0.53mi	2/2.0 (-1)	989 (-0%)	12mo	$144,500	$146	56
2116 N Magnolia Sts	0.58mi	2/1.0 (-1)	910 (-8%)	1mo	$30,000	$33	53
1709 N Poplar St	0.47mi	2/1.0 (-1)	1,116 (+12%)	2mo	$69,000	$62	51
2018 N Magnolia	0.55mi	2/1.0 (-1)	931 (-6%)	13mo	$132,000	$142	49
2022 N Magnolia St	0.55mi	3/1.0	1,076 (+8%)	14mo	$68,600	$64	48
2021 N Poplar St	0.61mi	2/1.0 (-1)	1,108 (+12%)	3mo	$70,000	$63	44
814 Orange St	0.74mi	3/2.0	1,052 (+6%)	13mo	$219,000	$208	41
408 E 8th St	0.53mi	2/1.0 (-1)	863 (-13%)	16mo	$52,000	$60	35
2114 Maple St	0.73mi	2/1.0 (-1)	1,064 (+7%)	18mo	$97,000	$91	34
812 Orange St	0.75mi	2/2.0 (-1)	1,062 (+7%)	19mo	$164,900	$155	29

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 10.9%
• Equity multiple: 1.62×
• Total profit: $20,894
• Equity at exit: $53,957

10-year hold

• IRR: 13.1%
• Equity multiple: 2.94×
• Total profit: $65,226
• Equity at exit: $83,154

Cash invested: $33,600 (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 72214

• Active inventory: 4
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,034 high
• Mortgage (P&I): −$629
• Tax from tax record: −$36 /mo · $430/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$217
• Net cashflow: $102

Break-even live

Break-even rent $905

Max offer price $120,000

Occupancy floor 85%

Sensitivity live

Price	-10% $170	-5% $136	+0% $102	+5% $68	+10% $34
Rent	-10% $20	-5% $61	+0% $102	+5% $143	+10% $184
Rate	-1.0pp $162	-0.5pp $132	base $102	+0.5pp $71	+1.0pp $39

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1600 N Olive St North Little Rock, AR	3.0	1.0	1100	$900	$0.82	46d	1	0.30mi
1913 N Magnolia St North Little Rock, AR	2.0	1.0	816	$675	$0.83	46d	1	0.52mi
1416 Willow St North Little Rock, AR	2.0	1.0	995	$1,999	$2.01	46d	1	0.67mi
111 E 4th St North Little Rock, AR	1.0–2.0	1.0–2.0	883	$1,320	$1.49	16d	6	0.79mi
306 W 6th St North Little Rock, AR	2.0	2.0	1100	$1,750	$1.59	46d	1	0.86mi
128 College Park Cir Unit 1 North Little Rock, AR	2.0	1.0	975	$550	$0.56	46d	1	0.93mi
1603 Chandler St North Little Rock, AR	2.0	1.0	1080	$895	$0.83	46d	1	0.96mi
75 Riverfront Dr Little Rock, AR	1.0–2.0	1.0–2.0	1089	$1,546	$1.42	16d	24	0.98mi
605 W 22nd St North Little Rock, AR	2.0	1.0	686	$695	$1.01	21d	1	1.07mi
127 Crestview Dr Unit 3 North Little Rock, AR	2.0	1.0	880	$825	$0.94	46d	1	1.09mi
300 Cherry Hill Dr Unit 5 North Little Rock, AR	2.0	1.0	880	$825	$0.94	46d	1	1.10mi
105 Delmar Ave North Little Rock, AR	2.0	1.0	650	$750	$1.15	16d	1	1.18mi
1317 W 16th St North Little Rock, AR	2.0	1.0	864	$675	$0.78	46d	1	1.30mi
1300 W 10th St North Little Rock, AR	2.0	1.0	852	$895	$1.05	46d	1	1.38mi
1100 W 24th St North Little Rock, AR	3.0	1.0	1036	$1,295	$1.25	21d	1	1.38mi
1701 Skyline Dr Unit 217 North Little Rock, AR	2.0	2.0	1000	$1,050	$1.05	25d	1	1.40mi
3403 Ridge Rd North Little Rock, AR	2.0	1.0	714	$895	$1.25	46d	1	1.40mi
1701 Skyline Dr North Little Rock, AR	1.0–2.0	1.0–2.0	900	$1,075	$1.19	16d	6	1.41mi
218 W 33rd Pl North Little Rock, AR	2.0	1.0	792	$800	$1.01	46d	1	1.41mi
1019 Frank St Unit B North Little Rock, AR	2.0	1.0	806	$850	$1.05	46d	1	1.43mi
1308 W 21st St North Little Rock, AR	2.0	1.0	944	$945	$1.00	46d	1	1.44mi
2320 Franklin St North Little Rock, AR	2.0	2.0	932	$750	$0.80	25d	1	1.47mi
1603 W Long 17th St Unit B North Little Rock, AR	3.0	1.0	1036	$650	$0.63	46d	1	1.47mi
1120 Rockwater Blvd North Little Rock, AR	2.0	1.0–2.0	955	$2,175	$2.28	46d	1	1.47mi
115 E Markham St Little Rock, AR	1.0–2.0	1.0	863	$1,480	$1.71	16d	11	1.47mi

Listing history 34 events

1. 2026-06-21
   days on market $120,000 Active 24 DOM
2. 2026-06-18
   days on market $120,000 Active 21 DOM
3. 2026-06-17
   days on market $120,000 Active 20 DOM
4. 2026-06-16
   days on market $120,000 Active 19 DOM
5. 2026-06-15
   days on market $120,000 Active 18 DOM
6. 2026-06-14
   days on market $120,000 Active 16 DOM
7. 2026-06-13
   days on market $120,000 Active 15 DOM
8. 2026-06-10
   days on market $120,000 Active 13 DOM
9. 2026-06-09
   days on market $120,000 Active 12 DOM
10. 2026-06-08
    days on market $120,000 Active 11 DOM
11. 2026-06-07
    days on market $120,000 Active 10 DOM
12. 2026-06-05
    statusdays on market $120,000 Active 7 DOM
13. 2026-06-03
    days on market $120,000 New Listing 6 DOM
14. 2026-06-02
    days on market $120,000 New Listing 5 DOM
15. 2026-06-01
    days on market $120,000 New Listing 4 DOM
16. 2026-05-31
    days on market $120,000 New Listing 3 DOM
17. 2026-05-31
    days on market $120,000 New Listing 2 DOM
18. 2026-05-20
    historical
19. 2026-01-21
    status Back on Market
20. 2025-12-13
    status Under Contract
21. 2025-11-17
    listed $125,000 New Listing
22. 2025-03-19
    soldstatus $130,000
23. 2025-03-14
    soldstatus $80,000 Sold 552-char remark

    Show marketing remark (552 chars)

    Welcome to 1406 Vine Street! This inviting 3-bedroom, 1.5-bath home features 992 sq. ft. of well-utilized space, perfect for those seeking a cozy and comfortable living environment. Recently remodeled, this house offers modern touches and a fresh atmosphere. Situated in a community with convenient access to local amenities, it’s an ideal option for first-time buyers or those looking for a manageable space. Don’t miss out on the chance to own this charming home—schedule your showing today! * * * Priced to Sell Quickly * * *

24. 2025-02-19
    status Under Contract 552-char remark

    Show marketing remark (552 chars)

    Welcome to 1406 Vine Street! This inviting 3-bedroom, 1.5-bath home features 992 sq. ft. of well-utilized space, perfect for those seeking a cozy and comfortable living environment. Recently remodeled, this house offers modern touches and a fresh atmosphere. Situated in a community with convenient access to local amenities, it’s an ideal option for first-time buyers or those looking for a manageable space. Don’t miss out on the chance to own this charming home—schedule your showing today! * * * Priced to Sell Quickly * * *

25. 2025-02-02
    price $95,000 552-char remark

    Show marketing remark (552 chars)

    Welcome to 1406 Vine Street! This inviting 3-bedroom, 1.5-bath home features 992 sq. ft. of well-utilized space, perfect for those seeking a cozy and comfortable living environment. Recently remodeled, this house offers modern touches and a fresh atmosphere. Situated in a community with convenient access to local amenities, it’s an ideal option for first-time buyers or those looking for a manageable space. Don’t miss out on the chance to own this charming home—schedule your showing today! * * * Priced to Sell Quickly * * *

26. 2025-01-22
    price $100,000 552-char remark

    Show marketing remark (552 chars)

    Welcome to 1406 Vine Street! This inviting 3-bedroom, 1.5-bath home features 992 sq. ft. of well-utilized space, perfect for those seeking a cozy and comfortable living environment. Recently remodeled, this house offers modern touches and a fresh atmosphere. Situated in a community with convenient access to local amenities, it’s an ideal option for first-time buyers or those looking for a manageable space. Don’t miss out on the chance to own this charming home—schedule your showing today! * * * Priced to Sell Quickly * * *

27. 2025-01-16
    price $102,500 552-char remark

    Show marketing remark (552 chars)

    Welcome to 1406 Vine Street! This inviting 3-bedroom, 1.5-bath home features 992 sq. ft. of well-utilized space, perfect for those seeking a cozy and comfortable living environment. Recently remodeled, this house offers modern touches and a fresh atmosphere. Situated in a community with convenient access to local amenities, it’s an ideal option for first-time buyers or those looking for a manageable space. Don’t miss out on the chance to own this charming home—schedule your showing today! * * * Priced to Sell Quickly * * *

28. 2025-01-09
    listed $105,000 New Listing 552-char remark

    Show marketing remark (552 chars)

    Welcome to 1406 Vine Street! This inviting 3-bedroom, 1.5-bath home features 992 sq. ft. of well-utilized space, perfect for those seeking a cozy and comfortable living environment. Recently remodeled, this house offers modern touches and a fresh atmosphere. Situated in a community with convenient access to local amenities, it’s an ideal option for first-time buyers or those looking for a manageable space. Don’t miss out on the chance to own this charming home—schedule your showing today! * * * Priced to Sell Quickly * * *

29. 2025-01-06
    historical
30. 2024-12-02
    price $109,950
31. 2024-10-31
    price $110,000
32. 2024-10-04
    listed $115,000 New Listing
33. 2024-01-25
    historical
34. 2024-01-08
    listed $40,000 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: $430 · $36/mo
• Projected year-2 tax: $768 · $64/mo
• Expected delta: +$338/yr (+$28/mo · 78.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (shaded) · 27% 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 10% 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: $12,412
• − Mortgage interest: −$6,722
• − Property taxes: −$430
• − Insurance: −$600
• − Repairs & maintenance: −$993
• − Management: −$993
• − Depreciation: −$3,491
• Taxable loss: −$817
• Est. tax savings @ 24.0%: +$196
• After-tax cash flow: $1,420/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

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%

Not yet ingested

• Political lean: —
• Race & ethnicity: —
• Common origin: —
• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• 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

+200.0% since first listed

18 events — show timeline

• 2026-05-28 Listed $120,000 CARMLS
• 2026-05-20 Listing Removed — CARMLS
• 2026-01-21 Relisted — CARMLS
• 2025-12-13 Pending — CARMLS
• 2025-11-17 Listed $125,000 CARMLS
• 2025-03-19 Sold (Public Records) $130,000 Public Records
• 2025-03-14 Sold (MLS) $80,000 CARMLS
• 2025-02-19 Pending — CARMLS
• 2025-02-02 Price Changed $95,000 CARMLS
• 2025-01-22 Price Changed $100,000 CARMLS
• 2025-01-16 Price Changed $102,500 CARMLS
• 2025-01-09 Listed $105,000 CARMLS
• 2025-01-06 Listing Removed — CARMLS
• 2024-12-02 Price Changed $109,950 CARMLS
• 2024-10-31 Price Changed $110,000 CARMLS
• 2024-10-04 Listed $115,000 CARMLS
• 2024-01-25 Listing Removed — CARMLS
• 2024-01-08 Listed $40,000 CARMLS

Property tax history

+6.1%/yr

Latest (2025): $430 · +69.1% YoY. Source: county tax records.