7009 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 7009 Lookout Dr, Fort Smith, AR, 72916 uses $93,483 cash to close to unlock $5,209/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $2,129/mo, and a $1,380/mo payment keeps the spread at $434/mo. Purchase price stands at $282,000, and rental yield measures 9.06% with $2,129/mo rent. Return on cash invested shows 25.48% in year one, and 5% annual appreciation builds toward $77,911 over five years. Five-year ROI reaches 132.54% and total cumulative return in cash records $123,901. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,129/mo property income covering a $1,380/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.35 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: Devin Rogers • The Heritage Group Real Estate Co.-Van Buren
Mls Name: Western River Valley BOR
Mls ID: #1084288
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.