3708 Morris DrFort SmithAR72904
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 3708 Morris Dr, Fort Smith, AR, 72904 earns $314/mo cash flow from $1,120/mo rent with a $656/mo payment. Total monthly income totals $1,120/mo, and annual cash flow totals $3,772/yr on $44,421 capital. ROI tracks 28.4% on current figures, and rental yield reads 10.03% at a $134,000 purchase. Equity gained on principal adds $865/yr, and 5% annual appreciation supports $37,022 over five years. Five-year ROI reaches 148.22% and total cumulative return in cash sums $65,843. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,120/mo property income instead of your personal income.
Single Family
Built in 1945
7,697 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team Ramos • eXp Realty NWA Branch
Mls Name: Western River Valley BOR
Mls ID: #1081881
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.