3116 Spring StFort SmithAR72904
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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 3116 Spring St, Fort Smith, AR, 72904 listed at $235,000 pairs $1,651/mo rent with a $1,150/mo payment to leave $239/mo cash flow. Total monthly income runs $1,651/mo, and annual cash flow reaches $2,863/yr on $77,903 cash to close. Return on cash invested measures 23.58% in year one, and rental yield registers 8.43% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 122.34% and total cumulative return in cash totals $95,308. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,651/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72904, Fort Smith, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,645 (100%) |
| Owner Occupied HU | 3,930 (45.5%) |
| Renter Occupied HU | 3,867 (44.7%) |
| Vacant Housing Units | 848 ( 9.8%) |
| Median Home Value | $115,175 |
| Average Home Value | $160,632 |
Housing Distribution
Address Breakdown
Residential
8,191
Single Family
7,301
Multi-Family
890
Businesses
397
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Listed by: Levi Stroud • Fort Smith Real Estate Company
Mls Name: Western River Valley BOR
Mls ID: #1084859