1500 S Albert Pike Ave APT 6Fort 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 6, Fort Smith, AR, 72903 offers a 12.88% rental yield on a $120,000 purchase with $1,288/mo rent. Total monthly income registers $1,288/mo, and a $587/mo payment leaves $567/mo available for distribution. Annual cash flow reaches $6,804/yr on $39,780 to close, and return on cash invested stands at 37.01% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 194.32% and total cumulative return in cash at $77,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,288/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
653.40 sqft lot
$N/A/sqft
No 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: Tina Wilkinson • Bradford & Udouj Realtors
Mls Name: Western River Valley BOR
Mls ID: #1082196