515 N 12th St #B & AFort SmithAR72901
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 515 N 12th St #B & A, Fort Smith, AR, 72901 in Fort Smith at $130,000 earns $954/mo in rent and nets $173/mo after the $585/mo payment, a 8.81% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $35,917 over five years. Ziffy Mortgage underwrites this on a 1.63 DSCR without U.S. credit history. With $1,197/yr in principal paydown, total projected return reaches $60,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.2% |
| Monthly Cash Flow | $173 | $450 |
City averages based on Fort Smith market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $954 |
| Total Monthly Debt Service | $730 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1990
6,969 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
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
Multi Family
Built in 1990
6,969 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: Katie Carr • Kevin Clifton Real Estate, INC.
Mls Name: Western River Valley BOR
Mls ID: #1081835
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.