12408 Wilmington WayFort SmithAR72916
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 12408 Wilmington Way, Fort Smith, AR, 72916 in Fort Smith worth modelling. At $399,900 with a 7.68% gross yield, the $2,560/mo rent leaves $146/mo after the $1,798/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.42 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $110,485 by year five; $3,683/yr in principal reduction adds further equity. Total projected return: $160,813.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 7.2% |
| Monthly Cash Flow | $146 | $450 |
City averages based on Fort Smith market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,560 |
| Total Monthly Debt Service | $2,255 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2011
10,728 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72916, Fort Smith, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,386 (100%) |
| Owner Occupied HU | 3,356 (62.3%) |
| Renter Occupied HU | 1,604 (29.8%) |
| Vacant Housing Units | 426 ( 7.9%) |
| Median Home Value | $280,000 |
| Average Home Value | $323,005 |
Housing Distribution
Address Breakdown
Residential
5,120
Single Family
4,744
Multi-Family
376
Businesses
348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2011
10,728 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72916, Fort Smith, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,386 (100%) |
| Owner Occupied HU | 3,356 (62.3%) |
| Renter Occupied HU | 1,604 (29.8%) |
| Vacant Housing Units | 426 ( 7.9%) |
| Median Home Value | $280,000 |
| Average Home Value | $323,005 |
Housing Distribution
Address Breakdown
Residential
5,120
Single Family
4,744
Multi-Family
376
Businesses
348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry Stanfill • Chuck Fawcett Realty Greenwood branch
Mls Name: Western River Valley BOR
Mls ID: #1079655
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.