1620 S 29th StFort SmithAR72901
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
Investment Highlights
Investment property for sale in Fort Smith at 1620 S 29th St, Fort Smith, AR, 72901 uses $53,869 cash to close to unlock $7,482/yr annual cash flow and $624/mo monthly cash flow. Total monthly income runs $1,600/mo, and a $795/mo payment keeps the spread at $624/mo. Purchase price stands at $162,500, and rental yield measures 11.82% with $1,600/mo rent. Return on cash invested shows 33.8% in year one, and 5% annual appreciation builds toward $44,896 over five years. Five-year ROI reaches 177.13% and total cumulative return in cash records $95,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,600/mo property income covering a $795/mo payment rather than investor’s personal income.
Single Family
Built in 1955
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72901, Fort Smith, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,489 (100%) |
| Owner Occupied HU | 3,673 (35.0%) |
| Renter Occupied HU | 5,322 (50.7%) |
| Vacant Housing Units | 1,494 (14.2%) |
| Median Home Value | $148,051 |
| Average Home Value | $192,606 |
Housing Distribution
Address Breakdown
Residential
9,555
Single Family
8,032
Multi-Family
1,523
Businesses
1,590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristian Brown • McGraw REALTORS
Mls Name: Western River Valley BOR
Mls ID: #1084455