8708 Skypark DrFort SmithAR72903
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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 8708 Skypark Dr, Fort Smith, AR, 72903 uses $99,417 cash to close to unlock $3,841/yr annual cash flow and $320/mo monthly cash flow. Total monthly income runs $2,123/mo, and a $1,468/mo payment keeps the spread at $320/mo. Purchase price stands at $299,900, and rental yield measures 8.49% with $2,123/mo rent. Return on cash invested shows 23.77% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 123.36% and total cumulative return in cash records $122,644. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,123/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.26 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
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Listed by: Theresa Sturgeon • Bradford & Udouj Realtors
Mls Name: Western River Valley BOR
Mls ID: #1084890