933 Skipper Bridge Rd · Dermott, AR 71638

$50,000

3 bd · 1.0 ba · 1,985 sqft · SingleFamily public records · 43 Days on market

Built 1963 0.83 ac lot $25/sqft · at area comps Est $48k · at est.

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +5.7/15.0
• Appreciation +4.5/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.6/10.0

Listing remarks

Discover the space, comfort, and functionality offered by this 3-bedroom, 2.5-bath, 1,985 sq ft home. The layout provides generous living areas ideal for both everyday living and entertaining, featuring a bright main living room, a dedicated dining area, and a kitchen combination. The home is equipped with a wheelchair ramp and a half bath, as well as a large storage area. The property provides room for outdoor enjoyment, gardening, pets, or future improvements. Whether you’re looking for a move-in-ready residence or a home with potential to personalize, this property delivers value, space, and opportunity. Located with easy access to local amenities, schools, and community convenienc

Key facts

• Large storage area
• Wheelchair ramp
• 0.83 acre lot

Tags

• WHEELCHAIR RAMP
• LARGE STORAGE AREA
• MOVE-IN-READY RESIDENCE

Property features AI

Finance

• Other: Lot is level and inside city limits; Approximate lot dimensions 190 x 190 (0.83 acre); Square footage per tax records
• Financial info: Financing available: FHA, conventional, or cash

Exterior

• Parking: Carport for 2 cars
• Utilities: Public sewer; Public water; Municipal electric (Entergy); Natural gas
• Home design: Brick and frame combination exterior; Brick exterior
• Construction: Metal roof; Piers foundation
• Exterior features: Partially fenced yard; Wheelchair accessible; Paved road frontage

Interior

• Kitchen: Free-standing stove; Microwave; Dishwasher
• Flooring: Wood floors
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heat (natural gas); Central electric cooling
• Interior features: Handicap accessible design; Den / family room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $578 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Recommended offer: $48k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#164 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment F.
• Dermott School District (town): math 7% / reading 11% proficiency, ranked #234 of 238 in AR (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 98% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Dermott Elementary School (math 8% / reading 12%, grade F, #429 of 454 statewide, top 96%, 190 students, 100% FRL); Dermott High School (math 2% / reading 12%, grade F, #283 of 292 statewide, top 97%, 147 students, 100% FRL) — zoned schools at 100% FRL track the district average.
• Market conditions: 31 active listings in the ZIP; 7 units permitted in Chicot County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.0%/yr); year-one equity from $346 of loan paydown is wiped out by about $504 of value loss. Plan a longer hold.
• Chicot County population projected at -31% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-1.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($48k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $48,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.34% ✓
• Cap rate: 20.16%
• Cash-on-cash: 49.52%
• DSCR: 3.20
• GRM: 3.6

CMA / ARV

• ARV (median comp): $48,036
• List price: $50,000
• Delta: 4.09%
• Verdict: FAIR
• Comps: 5 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1104 Chicot Dr	0.31mi	3/2.0	1,738 (-12%)	1mo	$94,000	$54	60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.01% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 49.7%
• Equity multiple: 3.36×
• Total profit: $33,030
• Equity at exit: $12,051

10-year hold

• IRR: 53.3%
• Equity multiple: 6.73×
• Total profit: $80,268
• Equity at exit: $12,639

Cash invested: $14,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 92 Strongly Landlord-Friendly
• State Arkansas: 92 Strongly Landlord-Friendly · R+14
• County: — inherits STATE
• City: — inherits STATE

Only US state where non-payment is criminal. Strongly landlord-favorable; very few tenant protections.

Methodology + full state rankings →

ZIP-level market 71638

• Home prices YoY: -1.6%
• Active inventory: 31
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $1,169 medium
• Mortgage (P&I): −$262
• Tax est. 1.5%: −$62 /mo · $750/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$245
• Net cashflow: $578

Break-even live

Break-even rent $437

Max offer price $50,000

Occupancy floor 46%

Sensitivity live

Price	-10% $612	-5% $595	+0% $578	+5% $560	+10% $543
Rent	-10% $485	-5% $532	+0% $578	+5% $624	+10% $670
Rate	-1.0pp $603	-0.5pp $590	base $578	+0.5pp $565	+1.0pp $552

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-06-07
   status $50,000 Under Contract 43 DOM
2. 2026-06-05
   days on market $50,000 Active 43 DOM
3. 2026-06-04
   days on market $50,000 Active 41 DOM
4. 2026-06-02
   days on market $50,000 Active 40 DOM
5. 2026-06-01
   days on market $50,000 Active 39 DOM
6. 2026-05-31
   days on market $50,000 Active 38 DOM
7. 2026-05-31
   days on market $50,000 Active 37 DOM
8. 2026-05-14
   price $50,000 1205-char remark
9. 2026-04-22
   listed $55,000 New Listing 1205-char remark
10. 2018-08-03
    soldstatus $63,500
11. 2012-04-02
    soldstatus $29,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥110°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,024
• − Mortgage interest: −$2,801
• − Property taxes: −$750
• − Insurance: −$250
• − Repairs & maintenance: −$1,122
• − Management: −$1,122
• − Depreciation: −$1,455
• Taxable income: $6,525
• Est. tax owed @ 24.0%: −$1,566
• After-tax cash flow: $5,367/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Dermott School District
• NCES district ID: 0505170
• Math proficiency: 7% ▼ -11.00%
• Reading proficiency: 11% ▼ -10.00%
• Median HH income: $25,589
• Composite: 6.45/100
• National rank: #9996
• State rank: #234 of 238 in AR

Livability — Dermott

• Score: 64/100
• State rank: #164
• US rank: #13856

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment F Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dermott, AR
• Population (ZIP): 3,313

Population outlook (Chicot County) Hauer SSP2

• Today (2025): 9,681 people
• By 2030: 9,007 · -7.0%
• By 2040: 7,744 · -20.0%
• By 2050: 6,698 · -30.8%
• By 2075: 4,745 · -51.0%
• By 2100: 3,116 · -67.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (60%)
• Race & ethnicity: Black 60% White 34% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Italian 1% Iranian 1%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Chicot

• 2024 margin: Toss-up / Even · D 51.5% · R 47.5% · Other 1.0%
• 2008→2024 swing: -13.8pp toward R · 2008: 17.7pp · 2024: 4.0pp
• All cycles: 2024: D+4.0 2020: D+12.4 2016: D+15.3 2012: D+22.4 2008: D+17.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.01%
• Current HPI: 62.1972
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.80%
• F500 in state: 10

Industry mix (Fortune 500 HQ in AR)

Industry	F500 HQs	Revenue
▸Retail	1	$681B
▸Food / Agriculture	1	$53B
▸Retail / Energy	1	$22B
▸Transportation / Logistics	1	$12B
▸Energy	1	$4B

Price history

+72.4% since first listed

5 events — show timeline

• 2026-06-05 Pending — CARMLS
• 2026-05-14 Price Changed $50,000 CARMLS
• 2026-04-22 Listed $55,000 CARMLS
• 2018-08-03 Sold (Public Records) $63,500 Public Records
• 2012-04-02 Sold (Public Records) $29,000 Public Records

Property tax history

-15.9%/yr

Latest (2025): $90 · +0.0% YoY. Source: county tax records.