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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,006
$1,333
Appreciation
4.15%
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Job Growth
0%
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Population
89,496
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The LTR Genie Score of Fort Smith, AR is 57 and STR Genie Score is 49, indicating a moderate to low rentability for both long-term and short-term rental investments. The LTR Rent Growth Rate of 0.0503% suggests slow growth in long-term rental demand, while the STR Net ROI of 21.96% indicates a higher return on investment for short-term rentals. The 1-Year Price Appreciation Forecast of 0.78% implies a slight increase in property values.
In comparison, the LTR Genie Score is slightly higher than the STR Genie Score, indicating that long-term rental investments may be slightly more favorable in this market. However, the higher STR Net ROI suggests that short-term rentals could also be a viable option for investors looking for higher returns.
Fort Smith, AR is a city located in western Arkansas with a diverse economy driven by manufacturing, healthcare, and education sectors. The city offers a low cost of living and a strong sense of community, making it an attractive location for real estate investment.
Overall, Fort Smith, AR may be a suitable market for both long-term and short-term rental investments, depending on the investor's goals and risk tolerance. Investors should carefully consider the rentability metrics, ROI, and market trends before making a decision on which strategy to pursue in this market.