Real Estate Investing in North Little Rock, Arkansas (72114)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72114 (North Little Rock, AR)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 23.9% of homes vacant — above national norms.
- Elevated poverty: 45.4% poverty rate — can affect rent collection.
- Lower household income: $24,920 median — tenant affordability is tighter.
What’s happening in North Little Rock, AR (72114)?
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Market Analysis: 72114 North Little Rock
ZIP 72114 inside North Little Rock, AR leans into a value-add thesis. Home values near $88K sit below the state median, and rents of $1,166/mo leave room for forced-equity plays.
Value-add is the defining thesis in 72114. Homes trade near $88K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.
Relative to AR, 72114 reads as a working-capital ZIP — prices below average, renter share elevated at 71%, and room for operator-led upside.
The a viable market for angle on demographics here is renter willingness to pay a premium for renovated product. The 71% rental share provides scale for the strategy.
Flippers with local expertise can do well in 72114. Out-of-state investors should partner with boots-on-the-ground operators or skip the ZIP entirely.
Here's what matters if you're considering buying a home in North Little Rock:
Property Strategy for 72114
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $75,968 | $1,090 | 10.3% | +7.4% | $37,984 |
| 3BR | $104,915 | $1,460 | 10.0% | +8.7% | $34,972 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 72114 Compare?
| Metric | 72114 | North Little Rock | Little Rock-North Little Rock-Conway, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $88,477 | $104,976 | N/A | $216,341 |
| 5-Year CAGR | 3.7% | 3.9% | N/A | 5.7% |
| Avg Rent | $1,166 | $1,135 | N/A | - |
| Cap Rate | 10.3% | 6.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 72114 (North Little Rock, AR). Anonymous, moderated, never written by AI.
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Property managers serving Pulaski County
Manage rentals here? List your business →Solid Rock Property Management, LLC offers professional and affordable property management services for Central Arkansas, focusing on excellent customer service. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $88,477 |
| Monthly Rent | $1,166 |
| Price-to-Rent | 6.3:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.8% |
| Cap Rate | 10.3% |
| 5-Year IRR | 14.0% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | -0.7% ▼ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +3.9% ▲ |
🏠 Rent Trends
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (10.3%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 72114
Population: 10,451
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 72114
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
M.L. KING ELEMENTARY SCHOOL
CARVER STEAM MAGNET ELEMENTARY SCHOOL
GIBBS MAGNET ELEMENTARY SCHOOL
ESTEM HIGH SCHOOL
NORTH LITTLE ROCK MIDDLE SCHOOL 6TH GRADE CAMPUS
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,907 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in North Little Rock, AR?
North Little Rock, AR median home values land near $88K. That is reasonable territory for investors looking at $1,166/mo-per-month rentals.
Is North Little Rock, AR a 1% rule market?
The 1% rule in North Little Rock, AR is reasonable to achieve. Rent-to-price at the median ($1,166/mo on $88K) lands around 1.32%.
How does North Little Rock, AR rate as a rental market?
North Little Rock, AR scores 5.0/5 for investability. Home values sit at $88K and rents near $1,166/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Where do rents currently stand in North Little Rock, AR?
The typical rental in North Little Rock, AR commands about $1,166/mo monthly. That rent profile even-keeled cash flow against the $88K purchase basis.
How well does BRRRR work in North Little Rock, AR?
BRRRR works a strong in North Little Rock, AR. With $88K ARVs and $1,166/mo rents, investors who buy right can refinance out most of their capital.
You know 72114 now. You don’t know where it ranks.
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How 72114 ranks in Little Rock-North Little Rock-Conway, AR
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