6809 Lookout DrFort 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 6809 Lookout Dr, Fort Smith, AR, 72916 offers a 10.07% rental yield on a $225,000 purchase with $1,888/mo rent. Total monthly income registers $1,888/mo, and a $1,101/mo payment leaves $535/mo available for distribution. Annual cash flow reaches $6,415/yr on $74,588 to close, and return on cash invested stands at 28.51% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 148.75% and total cumulative return in cash at $110,949. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,888/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.27 Acres 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: Team Shoppach • O'Neal Real Estate- Fort Smith
Mls Name: Western River Valley BOR
Mls ID: #1080209
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.