8622 Royal Ridge DrFort SmithAR72903
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
Investment Highlights
Rental property for sale in Fort Smith at 8622 Royal Ridge Dr, Fort Smith, AR, 72903 priced at $279,900 converts $1,773/mo rent into $87/mo cash flow after a $1,370/mo obligation. Total monthly income equals $1,773/mo, and annual cash flow totals $1,041/yr on $92,787 invested. Return on cash invested prints 21.03% in year one, and rental yield reads 7.6% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 108.65% and total cumulative return in cash sums $100,813. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,773/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.49 Acres 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: Amanda Bettencourt • O'Neal Real Estate- Fort Smith
Mls Name: Western River Valley BOR
Mls ID: #1080508
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.