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298 Hwy 63
B Composite 72.82
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 +7.5/15.0
  • Appreciation +5.0/10.0
  • Livability +3.1/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.3/10.0

$45,000

298 Hwy 63 · Ravenden, AR 72459
2 bd · 1.0 ba · 432 sqft · SingleFamily public records · 23 Days on market
Built 1979 2.02 ac lot $104/sqft · 57% below area

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

Listing remarks MLS

The home and building could use some work, but the setting is really pretty! The home is a 2 bedroom/1 bath home. The building part could be made in to part of the residence, or you could use it for a workshop, a business, or just whatever your heart desires. In between the house and the building is a perfect place for a patio. The land is mostly open, with scattered trees, and some fencing. The circle drive makes it easy to get in and out. Lots of potential in a beautiful spot!

Key facts

  • 2.02 acre lot
  • 4 parking spots
  • Listed 23 days

Property features AI

Finance

  • Financial info: Accepts conventional loans, cash, or in-house financing

Exterior

  • Parking: Space for 4+ cars
  • Utilities: Private well; Septic system
  • Home design: Stone and wood exterior; Paved road access
  • Construction: Metal roof; Slab and crawlspace combination foundation
  • Exterior features: Patio; Partially fenced yard; Sloped, wooded and cleared areas

Interior

  • Flooring: Other flooring (see remarks)
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Window air conditioning units
  • Interior features: Other flooring (see remarks); Laundry room
  • Laundry & utility: Laundry room

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 2-bed/1.0-bath single-family listed at $45k.

Deal economics

  • At list price, monthly cash flow is $341 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($787 rent vs $45k).
  • Recommended offer: $44k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 61/100 on livability (#241 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime C-, schools F, amenities F.
  • Sloan-Hendrix School District (rural): math 28% / reading 28% proficiency, ranked #171 of 238 in AR (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: 27 active listings in the ZIP; 4 units permitted in Sharp County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $2k of equity ($311 loan paydown + $1k appreciation (3.0% local appreciation)).
  • Sharp County population projected at -11% 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 $13k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 23 days — a 2% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • 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 $44,325 (1.5% below list)

Questions for the listing agent

  1. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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
1.75%
Cap rate
15.40%
Cash-on-cash
32.51%
DSCR
2.45
GRM
4.8

CMA / ARV

ARV (median comp)
$251,745
List price
$45,000
Delta
-82.12%
Verdict
UNDERPRICED
Comps
3 within 2.0 mi

Projected returns pro-forma

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

5-year hold
IRR
38.3%
Equity multiple
3.16×
Total profit
$27,158
Equity at exit
$20,234
10-year hold
IRR
38.3%
Equity multiple
6.25×
Total profit
$66,202
Equity at exit
$31,183

Cash invested: $12,600 (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 72459

Active inventory
27
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$787 medium interval (Pro) →
Mortgage (P&I)
$236
Tax from tax record
$25 /mo · $303/yr
Insurance
$19
HOA
$0
Vacancy / Maint / Mgmt
$165
Net cashflow
$341

Break-even live

Break-even rent $354
Max offer price $45,000
Occupancy floor 52%

Sensitivity live

Price -10% $367 -5% $354 +0% $341 +5% $329 +10% $316
Rent -10% $279 -5% $310 +0% $341 +5% $372 +10% $404
Rate -1.0pp $364 -0.5pp $353 base $341 +0.5pp $330 +1.0pp $318

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
$11,250
Closing costs
$1,350
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 13 events

  1. 2026-06-07
    statusdays on market $45,000 Under Contract 23 DOM
  2. 2026-06-04
    days on market $45,000 Active 21 DOM
  3. 2026-06-02
    days on market $45,000 Active 20 DOM
  4. 2026-06-01
    days on market $45,000 Active 19 DOM
  5. 2026-05-31
    days on market $45,000 Active 18 DOM
  6. 2026-05-31
    days on market $45,000 Active 17 DOM
  7. 2026-05-08
    listed $45,000 New Listing 510-char remark
  8. 2026-05-01
    soldstatus $41,000 Sold 483-char remark
    Show marketing remark (483 chars)

    The home and building could use some work, but the setting is really pretty! The home is a 2 bedroom/1 bath home. The building part could be made in to part of the residence, or you could use it for a workshop, a business, or just whatever your heart desires. In between the house and the building is a perfect place for a patio. The land is mostly open, with scattered trees, and some fencing. The circle drive makes it easy to get in and out. Lots of potential in a beautiful spot!

  9. 2026-05-01
    soldstatus $41,000
    Show marketing remark (483 chars)

    The home and building could use some work, but the setting is really pretty! The home is a 2 bedroom/1 bath home. The building part could be made in to part of the residence, or you could use it for a workshop, a business, or just whatever your heart desires. In between the house and the building is a perfect place for a patio. The land is mostly open, with scattered trees, and some fencing. The circle drive makes it easy to get in and out. Lots of potential in a beautiful spot!

  10. 2026-03-12
    status Under Contract 483-char remark
    Show marketing remark (483 chars)

    The home and building could use some work, but the setting is really pretty! The home is a 2 bedroom/1 bath home. The building part could be made in to part of the residence, or you could use it for a workshop, a business, or just whatever your heart desires. In between the house and the building is a perfect place for a patio. The land is mostly open, with scattered trees, and some fencing. The circle drive makes it easy to get in and out. Lots of potential in a beautiful spot!

  11. 2026-02-12
    listed $44,500 New Listing 483-char remark
    Show marketing remark (483 chars)

    The home and building could use some work, but the setting is really pretty! The home is a 2 bedroom/1 bath home. The building part could be made in to part of the residence, or you could use it for a workshop, a business, or just whatever your heart desires. In between the house and the building is a perfect place for a patio. The land is mostly open, with scattered trees, and some fencing. The circle drive makes it easy to get in and out. Lots of potential in a beautiful spot!

  12. 2000-03-31
    soldstatus $1,333
  13. 1988-10-18
    soldstatus $8,000

ⓘ 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
$303 · $25/mo
Projected year-2 tax
$303 · $25/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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 5/10 Major 7 d/yr ≥109°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 3% 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
$9,439
− Mortgage interest
−$2,521
− Property taxes
−$303
− Insurance
−$225
− Repairs & maintenance
−$755
− Management
−$755
− Depreciation
−$1,309
Taxable income
$3,571
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$857
After-tax cash flow
$3,240/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
Sloan-Hendrix School District
NCES district ID
0512480
Math proficiency
28% ▼ -6.00%
Reading proficiency
28% ▼ -10.00%
Median HH income
$30,202
Composite
22.66/100
National rank
#8048
State rank
#171 of 238 in AR

Livability — Ravenden

Score
61/100
State rank
#241
US rank
#17868

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
1,351

Population outlook (Sharp County) Hauer SSP2

Today (2025)
16,170 people
By 2030
15,711 · -2.8%
By 2040
14,974 · -7.4%
By 2050
14,420 · -10.8%
By 2075
13,235 · -18.2%
By 2100
11,492 · -28.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (96%)
Race & ethnicity
White 96% Two or more races 3%
Common ancestry
Slovak 4% Lithuanian 2% Italian 1%
Foreign-born
1%
Languages at home
99% English-only · German/W. Germanic 1%

Political lean MEDSL · Sharp

2024 margin
Solid R (+62.7) · D 17.7% · R 80.4% · Other 1.9%
2008→2024 swing
-33.7pp toward R · 2008: -28.9pp · 2024: -62.7pp
All cycles
2024: R+62.7 2020: R+60.0 2016: R+54.7 2012: R+38.8 2008: R+28.9

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

+462.5% since first listed
8 events — show timeline
  • 2026-06-05 Pending CARMLS
  • 2026-05-08 Listed $45,000 CARMLS
  • 2026-05-01 Sold (Public Records) $41,000 Public Records
  • 2026-05-01 Sold (MLS) $41,000 CARMLS
  • 2026-03-12 Pending CARMLS
  • 2026-02-12 Listed $44,500 CARMLS
  • 2000-03-31 Sold (Public Records) $1,333 Public Records
  • 1988-10-18 Sold (Public Records) $8,000 Public Records

Property tax history

+10.1%/yr

Latest (2025): $303 · +9.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…