3315 Independence StFort 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 3315 Independence St, Fort Smith, AR, 72903 offers a 14.49% rental yield on a $155,000 purchase with $1,872/mo rent. Total monthly income registers $1,872/mo, and a $759/mo payment leaves $940/mo available for distribution. Annual cash flow reaches $11,279/yr on $51,383 to close, and return on cash invested stands at 41.86% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 220.33% and total cumulative return in cash at $113,212. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,872/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.27 Acres 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: Traci Barker • Envision Real Estate Group, LLC
Mls Name: Western River Valley BOR
Mls ID: #1084514
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.