6220 Carthage StFort SmithAR72903
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6220 Carthage St, Fort Smith, AR, 72903 in Fort Smith: $1,694/mo in rent, $667/mo net, 12.29% gross yield, all on a $165,500 acquisition. The 2.28 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $45,725 in value, and $1,524/yr in principal paydown steadily builds equity. Projected total cumulative return: $105,754.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 7.2% |
| Monthly Cash Flow | $667 | $450 |
City averages based on Fort Smith market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,694 |
| Total Monthly Debt Service | $961 |
| DSCR Ratio | 1.76x |
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.
Single Family
Built in 1970
N/A 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
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
Single Family
Built in 1970
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A