2411 Hwy 367 N · Bald Knob, AR 72010

$69,000

3 bd · 1.0 ba · 976 sqft · SingleFamily public records · 78 Days on market

Built 1948 9,147 sqft lot $71/sqft · 33% below area Est $103k · 33% under

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• Appreciation +6.7/10.0
• Livability +2.9/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

On a corner lot of Hwy 367 N boasts a 3-bedroom, 1.5-bath home perfect for a first time home buyer or investor. If you have a vision, this home is just right for you. A 1200 square feet shop is attached to the home offering a unique setup. The shop has a bonus half bathroom and additional sink in the work area. Two overhead doors offer ample clearance to move projects in and out of the shop. With a simple layout and plentiful storage space, this house can become the perfect flip or primary residence.

Key facts

• Overhead doors
• Bonus half bathroom
• Corner lot

Tags

• CORNER LOT
• ATTACHED SHOP
• BONUS HALF BATHROOM
• ADDITIONAL SINK
• OVERHEAD DOORS
• PLENTIFUL STORAGE SPACE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $69k.

Deal economics

• At list price, monthly cash flow is $296 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($899 rent vs $69k).
• Recommended offer: $65k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.4% vs local median 4.0% in Bald Knob — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 57/100 on livability (#340 in AR) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools F, crime F, amenities F.
• Bald Knob School District (rural): math 33% / reading 31% proficiency, ranked #144 of 238 in AR (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 37 active listings in the ZIP; 219 units permitted in White County in 2024 (36 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($477 loan paydown + $2k appreciation (3.4% local appreciation)).
• White County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.4% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 78 days — a 6% lower offer ($65k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $33k; list at $69k implies a 109% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $64,859 (6.0% below list)

Questions for the listing agent

1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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.
8. 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.
9. 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: 1.30% ✓
• Cap rate: 11.44%
• Cash-on-cash: 18.38%
• DSCR: 1.82
• GRM: 6.4

CMA / ARV

• ARV (median comp): $103,227
• List price: $69,000
• Delta: -33.16%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
103 W Union St	0.27mi	3/1.0	972 (-0%)	9mo	$59,900	$62	79
102 S Collison Ave	0.26mi	2/1.0 (-1)	976 (0%)	17mo	$105,000	$108	68
307 E 2nd St	0.26mi	2/1.0 (-1)	896 (-8%)	6mo	$95,000	$106	64
504 Richardson	0.61mi	2/1.0 (-1)	1,008 (+3%)	1mo	$42,500	$42	60
710 E Fourth St	0.61mi	2/1.0 (-1)	928 (-5%)	8mo	$52,000	$56	52
308 W Center St	0.29mi	2/1.0 (-1)	918 (-6%)	24mo	$120,000	$131	52
1004 S Elm	0.61mi	2/1.0 (-1)	1,048 (+7%)	3mo	$58,000	$55	52
106 Brown St St	0.54mi	3/1.0	1,108 (+14%)	1mo	$130,000	$117	51
102 Arch St	0.49mi	2/1.0 (-1)	930 (-5%)	21mo	$119,000	$128	47
209 Brown St	0.60mi	3/1.0	1,084 (+11%)	17mo	$128,000	$118	40

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

Projected returns pro-forma

3.37% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 25.5%
• Equity multiple: 2.47×
• Total profit: $28,491
• Equity at exit: $32,473

10-year hold

• IRR: 25.9%
• Equity multiple: 4.80×
• Total profit: $73,333
• Equity at exit: $51,201

Cash invested: $19,320 (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 72010

• Home prices YoY: 1.7%
• Active inventory: 37
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $899 medium
• Mortgage (P&I): −$362
• Tax from tax record: −$23 /mo · $281/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$189
• Net cashflow: $296

Break-even live

Break-even rent $524

Max offer price $69,000

Occupancy floor 62%

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: $17,250
• Closing costs: $2,070
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-04-04
   price $69,000 505-char remark

   Show marketing remark (505 chars)

   On a corner lot of Hwy 367 N boasts a 3-bedroom, 1.5-bath home perfect for a first time home buyer or investor. If you have a vision, this home is just right for you. A 1200 square feet shop is attached to the home offering a unique setup. The shop has a bonus half bathroom and additional sink in the work area. Two overhead doors offer ample clearance to move projects in and out of the shop. With a simple layout and plentiful storage space, this house can become the perfect flip or primary residence.

2. 2026-03-04
   listed $75,000 New Listing 505-char remark

   Show marketing remark (505 chars)

   On a corner lot of Hwy 367 N boasts a 3-bedroom, 1.5-bath home perfect for a first time home buyer or investor. If you have a vision, this home is just right for you. A 1200 square feet shop is attached to the home offering a unique setup. The shop has a bonus half bathroom and additional sink in the work area. Two overhead doors offer ample clearance to move projects in and out of the shop. With a simple layout and plentiful storage space, this house can become the perfect flip or primary residence.

3. 1998-03-06
   soldstatus $33,000

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

Tax reassessment forecast AR · Resets to sale price

• Current annual tax: $281 · $23/mo
• Projected year-2 tax: $442 · $37/mo
• Expected delta: +$161/yr (+$13/mo · 57.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥110°F today · 20 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 8% 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: $10,783
• − Mortgage interest: −$3,865
• − Property taxes: −$281
• − Insurance: −$345
• − Repairs & maintenance: −$863
• − Management: −$863
• − Depreciation: −$2,007
• Taxable income: $2,559
• Est. tax owed @ 24.0%: −$614
• After-tax cash flow: $2,936/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: Bald Knob School District
• NCES district ID: 0502700
• Math proficiency: 33% ▼ -5.00%
• Reading proficiency: 31% ▼ -1.00%
• Median HH income: $35,076
• Composite: 26.45/100
• National rank: #7218
• State rank: #144 of 238 in AR

Livability — Bald Knob

• Score: 57/100
• State rank: #340
• US rank: #21701

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bald Knob, AR
• Population (ZIP): 5,283

Population outlook (White County) Hauer SSP2

• Today (2025): 82,310 people
• By 2030: 83,861 · +1.9%
• By 2040: 86,492 · +5.1%
• By 2050: 88,246 · +7.2%
• By 2075: 91,307 · +10.9%
• By 2100: 91,548 · +11.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Hispanic / Latino 6% Two or more races 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Iranian 1% Italian 1% Serbian 1%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · Spanish 4%

Political lean MEDSL · White

• 2024 margin: Solid R (+61.2) · D 18.3% · R 79.5% · Other 2.2%
• 2008→2024 swing: -14.0pp toward R · 2008: -47.2pp · 2024: -61.2pp
• All cycles: 2024: R+61.2 2020: R+58.9 2016: R+57.9 2012: R+53.7 2008: R+47.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.37%
• Current HPI: 206.1058
• 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

+109.1% since first listed

3 events — show timeline

• 2026-04-04 Price Changed $69,000 CARMLS
• 2026-03-04 Listed $75,000 CARMLS
• 1998-03-06 Sold (Public Records) $33,000 Public Records

Property tax history

+0.0%/yr

Latest (2020): $281 · +0.0% YoY. Source: county tax records.