6308 Remington CtFort 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
Rental property for sale in Fort Smith at 6308 Remington Ct, Fort Smith, AR, 72916 priced at $243,000 converts $1,398/mo rent into after a $1,189/mo obligation. Total monthly income equals $1,398/mo. Return on cash invested prints 18.98% in year one, and rental yield reads 6.9% against a $243,000 entry. Equity gained on principal adds $1,568/yr, while 5% annual appreciation compiles into $67,136 by year five. Five-year ROI reaches 97.64% and total cumulative return in cash sums $78,656. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,398/mo property income covering a $1,189/mo payment, not borrower’s personal income.
Single Family
Built in 1995
7,405 sqft lot
$N/A/sqft
No 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: Mont & Angel Sagely Team • Sagely & Edwards Realtors
Mls Name: Western River Valley BOR
Mls ID: #1079959
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.