512 N 38th 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 512 N 38th St, Fort Smith, AR, 72903 uses $41,239 cash to close to unlock $7,068/yr annual cash flow and $589/mo monthly cash flow. Total monthly income runs $1,337/mo, and a $609/mo payment keeps the spread at $589/mo. Purchase price stands at $124,400, and rental yield measures 12.9% with $1,337/mo rent. Return on cash invested shows 37.05% in year one, and 5% annual appreciation builds toward $34,369 over five years. Five-year ROI reaches 194.49% and total cumulative return in cash records $80,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,337/mo property income covering a $609/mo payment rather than investor’s personal income.
Single Family
Built in 1994
6,834 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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