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6136 N Highway 29 Hwy
B+ Composite 78.33
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
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +8.8/10.0
  • Appreciation +5.0/10.0
  • Livability +2.9/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.2/5.0
  • Schools +2.0/10.0

$75,000

6136 N Highway 29 Hwy · Blevins, AR 71825
3 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 16 Days on market
Built 2018 Fair condition 2.08 ac lot $62/sqft · 40% below area Est $125k · 40% under ↓ 25% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Motivated Seller!! Peaceful Country Living on 2+ Acres – Blevins, Arkansas Escape the hustle and embrace the quiet of the countryside with this well-maintained manufactured home set on 2.08 sprawling acres in beautiful Blevins, Arkansas. Tucked away in the county, this property offers the freedom and functionality you're looking for — with no city restrictions and room to live, work, and grow. The home features a thoughtfully wired generator hookup for peace of mind during storms or outages, and is surrounded by multiple outbuildings perfect for storage, livestock, or hobby use. A large shop on the property adds serious value — ideal for mechanics, tinkerers, or anyone in

Key facts

  • 2 acres
  • Generator hookup
  • Large shop

Tags

2 ACRESGENERATOR HOOKUPMULTIPLE OUTBUILDINGSLARGE SHOP

Property features AI

Finance

  • Other: Approximately 2.08 acres (200' x 500'); Property area and square footage per tax records

Exterior

  • Security: Video surveillance
  • Utilities: Generator; Utilities: see remarks
  • Home design: Metal/vinyl siding exterior; Sloped and level cleared rural lot
  • Construction: Crawl space foundation; 3-tab shingle roof
  • Exterior features: Deck; Partially fenced yard; Video surveillance

Interior

  • Kitchen: Electric range
  • Flooring: Carpet; Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central electric heat; Central electric cooling
  • Interior features: Den/Family room; Laundry room
  • Laundry & utility: Laundry room (see interior features)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $75k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $297 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $75k).
  • Recommended offer: $74k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 57/100 on livability (#341 in AR) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: health & safety D+, schools D-, crime F.
  • Blevins School District (rural): math 22% / reading 24% proficiency, ranked #195 of 238 in AR (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 2 active listings in the ZIP; 1 units permitted in Hempstead County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $3k of equity ($519 loan paydown + $2k appreciation (3.0% local appreciation)).
  • Hempstead County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 16 days — a 2% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $25k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $73,875 (1.5% below list)

Questions for the listing agent

  1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. 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?
  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
1.38%
Cap rate
11.05%
Cash-on-cash
16.99%
DSCR
1.76
GRM
6.1

CMA / ARV

ARV (median comp)
$125,369
List price
$75,000
Delta
-40.18%
Verdict
UNDERPRICED
Comps
1 within 2.0 mi

Projected returns pro-forma

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

5-year hold
IRR
23.5%
Equity multiple
2.33×
Total profit
$27,982
Equity at exit
$33,723
10-year hold
IRR
24.4%
Equity multiple
4.48×
Total profit
$73,115
Equity at exit
$51,972

Cash invested: $21,000 (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.

ZIP-level market 71825

Active inventory
2
Price-to-rent
6.1×

Monthly cashflow live

Estimated rent
$1,032 medium interval (Pro) →
Mortgage (P&I)
$393
Tax est. 1.5%
$94 /mo · $1,125/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$217
Net cashflow
$297

Break-even live

Break-even rent $656
Max offer price $75,000
Occupancy floor 66%

Sensitivity live

Price -10% $349 -5% $323 +0% $297 +5% $271 +10% $245
Rent -10% $216 -5% $256 +0% $297 +5% $338 +10% $379
Rate -1.0pp $335 -0.5pp $316 base $297 +0.5pp $278 +1.0pp $258

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
$18,750
Closing costs
$2,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 8 events

  1. 2026-05-18
    status Under Contract 876-char remark
  2. 2026-05-12
    price $75,000 876-char remark
  3. 2026-05-02
    listed $100,000 New Listing 876-char remark
  4. 2026-05-02
    historical
  5. 2026-03-16
    listed $200,000 New Listing
  6. 2025-12-15
    historical
  7. 2025-09-14
    listed $200,000 New Listing
  8. 2022-10-12
    soldstatus $100,000

ⓘ 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 (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 6/10 Major 7 d/yr ≥110°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$12,388
− Mortgage interest
−$4,201
− Property taxes
−$1,125
− Insurance
−$375
− Repairs & maintenance
−$991
− Management
−$991
− Depreciation
−$2,182
Taxable income
$2,523
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$606
After-tax cash flow
$2,961/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This manufactured home requires moderate repairs and maintenance to improve its condition and increase its value.

Repairs flagged

  • Minor wooden deck — slight wear on wooden deck
  • Minor wooden railings — slight wear on wooden railings
  • Minor wooden fence — slight wear on wooden fence

Value-add opportunities

  • Resale paint interior walls — fresh paint enhances curb appeal
  • Resale replace carpeted floors with hardwood — hardwood floors increase value
  • Resale repair and paint wooden deck and railings — improved exterior enhances curb appeal
  • Both landscaping — enhances curb appeal and adds value

Renovation cost estimate screening

Repair itemSeverityEst. cost
wooden deck · slight wear on wooden deck Minor $500–3,000
wooden railings · slight wear on wooden railings Minor $500–3,000
wooden fence · slight wear on wooden fence Minor $500–3,000
Total estimated repair cost · 3 items $1,500–9,000

Value-add ROI direction

  • Resale paint interior walls — fresh paint enhances curb appeal
  • Resale replace carpeted floors with hardwood — hardwood floors increase value
  • Resale repair and paint wooden deck and railings — improved exterior enhances curb appeal
  • Both landscaping — enhances curb appeal and adds value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Blevins School District
NCES district ID
0503300
Math proficiency
22% ▼ -14.00%
Reading proficiency
24% ▼ -11.00%
Median HH income
$41,873
Composite
19.62/100
National rank
#8745
State rank
#195 of 238 in AR

Livability — Blevins

Score
57/100
State rank
#341
US rank
#21707

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
392

Population outlook (Hempstead County) Hauer SSP2

Today (2025)
20,807 people
By 2030
19,949 · -4.1%
By 2040
18,236 · -12.4%
By 2050
16,466 · -20.9%
By 2075
12,676 · -39.1%
By 2100
9,314 · -55.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.60)
Race & ethnicity
White 57% Hispanic / Latino 22% Two or more races 22% Black 17% Asian 2%
Hispanic origin (detail)
Puerto Rican 21%
Common ancestry
Romanian 1% Serbian 1%
Foreign-born
3% · Vietnam, Canada
Languages at home
98% English-only · Korean 2%

Political lean MEDSL · Hempstead

2024 margin
Solid R (+39.7) · D 29.2% · R 68.9% · Other 2.0%
2008→2024 swing
-20.6pp toward R · 2008: -19.1pp · 2024: -39.7pp
All cycles
2024: R+39.7 2020: R+34.0 2016: R+28.9 2012: R+26.3 2008: R+19.1

Not yet ingested

Civics

Market trends

HPI YoY
Current HPI
Rent YoY
Metro
State GDP YoY
▲ 3.80%
F500 in state
10

Industry mix (Fortune 500 HQ in AR)

Industry F500 HQs Revenue

Price history

-25.0% since first listed
8 events — show timeline
  • 2026-05-18 Pending CARMLS
  • 2026-05-12 Price Changed $75,000 CARMLS
  • 2026-05-02 Listing Removed CARMLS
  • 2026-05-02 Listed $100,000 CARMLS
  • 2026-03-16 Listed $200,000 CARMLS
  • 2025-12-15 Listing Removed CARMLS
  • 2025-09-14 Listed $200,000 CARMLS
  • 2022-10-12 Sold (Public Records) $100,000 Public Records

Property tax history

-7.7%/yr

Latest (2023): $20 · -59.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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