1500 S Albert Pike Ave APT 2Fort SmithAR72903
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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
Investment Highlights
Investment property for sale in Fort Smith at 1500 S Albert Pike Ave APT 2, Fort Smith, AR, 72903 earns from $1,110/mo rent with a $783/mo payment. Total monthly income totals $1,110/mo. ROI tracks 19.08% on current figures, and rental yield reads 8.33% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 99.75% and total cumulative return in cash sums $52,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,110/mo property income instead of your personal income.
Condo
Built in 1980
653.40 sqft lot
$N/A/sqft
$185 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72903, Fort Smith, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,214 (100%) |
| Owner Occupied HU | 5,761 (47.2%) |
| Renter Occupied HU | 5,289 (43.3%) |
| Vacant Housing Units | 1,164 ( 9.5%) |
| Median Home Value | $244,654 |
| Average Home Value | $305,575 |
Housing Distribution
Address Breakdown
Residential
11,984
Single Family
9,249
Multi-Family
2,735
Businesses
1,292
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Listed by: Carrie Hsu • Keller Williams Platinum Realty
Mls Name: Western River Valley BOR
Mls ID: #1080042
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.