6208 Ironwood LnFort SmithAR72916
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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 6208 Ironwood Ln, Fort Smith, AR, 72916 uses $78,897 cash to close to unlock $6,331/yr annual cash flow and $528/mo monthly cash flow. Total monthly income runs $1,975/mo, and a $1,165/mo payment keeps the spread at $528/mo. Purchase price stands at $238,000, and rental yield measures 9.96% with $1,975/mo rent. Return on cash invested shows 27.93% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 145.75% and total cumulative return in cash records $114,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,975/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Single Family
Built in 2011
8,241 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72916, Fort Smith, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,386 (100%) |
| Owner Occupied HU | 3,356 (62.3%) |
| Renter Occupied HU | 1,604 (29.8%) |
| Vacant Housing Units | 426 ( 7.9%) |
| Median Home Value | $280,000 |
| Average Home Value | $323,005 |
Housing Distribution
Address Breakdown
Residential
5,120
Single Family
4,744
Multi-Family
376
Businesses
348
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Listed by: Team King • Chuck Fawcett Realty FSM
Mls Name: Western River Valley BOR
Mls ID: #1081360
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