243 Lynnwood Dr · Diamond City, AR 72644

$150,000

3 bd · 1.5 ba · 1,282 sqft · SingleFamily public records · 39 Days on market

0.30 ac lot $117/sqft · 8% above area Est $139k · 8% over

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Why this score? — see what drove the D 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 +13.7/30.0
• Appreciation +7.3/10.0
• DSCR +4.1/10.0
• ARV discount +3.9/15.0
• Livability +3.4/5.0
• 1% rule +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0

Listing remarks MLS

Charming 2-bedroom home with a bonus room in the walkout basement, offering potential for a third bedroom and added flexibility. Located in a quiet neighborhood, this home features a covered front porch and a screened-in porch—perfect for relaxing and enjoying the surroundings. Interior highlights include central heat and air, a finished laundry room, and a lower-level half bath serving the bonus room space. Conveniently located just 1.3 miles from Bull Shoals Lake, 1.4 miles from Diamond Hills Country Club (18-hole golf course), and 3 miles from Lead Hill Schools (K–12). This property offers a great combination of comfort, location, and versatility ideal for a full-time residence, weekend getaway, or investment opportunity.

Key facts

• Covered front porch
• Screened in porch
• 0.3 acre lot

Tags

• COVERED FRONT PORCH
• SCREENED IN PORCH
• FINISHED LAUNDRY ROOM
• LOWER LEVEL HALF BATH
• 3 MILES FROM LEAD HILL SCHOOLS

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $10 ($120/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $115k (23.2% below list).
• Recommended offer: $115k (23.2% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 2.4% in Diamond City — 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 67/100 on livability (#107 in AR) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
• Lead Hill School District (rural): math 25% / reading 32% proficiency, ranked #166 of 238 in AR (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Lead Hill Elementary School (math 37% / reading 32%, grade F, #254 of 454 statewide, top 59%, 187 students, 98% FRL); Lead Hill High School (math 12% / reading 32%, grade F, #213 of 292 statewide, top 77%, 190 students, 98% FRL) — zoned schools average 98% FRL vs 78% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 85 active listings in the ZIP; 92 units permitted in Boone County in 2024 (72 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($1k loan paydown + $7k appreciation (4.7% local appreciation)).
• Boone County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (4.7% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 39 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $38k; list at $150k implies a 295% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $115,245 (23.2% below list)

Questions for the listing agent

1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.77% ✗
• Cap rate: 6.37%
• Cash-on-cash: 0.29%
• DSCR: 1.01
• GRM: 10.8

CMA / ARV

• ARV (median comp): $139,010
• List price: $150,000
• Delta: 7.91%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
93 W Larchwood Dr	0.26mi	3/2.0	1,310 (+2%)	7mo	$211,000	$161	76
134 Cowdry Dr	0.20mi	2/1.0 (-1)	1,284 (+0%)	13mo	$130,000	$101	72
811 Tealbrook	0.32mi	2/2.0 (-1)	1,248 (-3%)	19mo	$199,000	$159	58
325 Michael Ln	0.56mi	3/1.0	1,306 (+2%)	13mo	$141,100	$108	57
415 W Sherwood Dr	0.15mi	2/1.0 (-1)	1,108 (-14%)	9mo	$152,000	$137	56
803 Tealbrook	0.29mi	2/1.0 (-1)	1,196 (-7%)	22mo	$136,000	$114	50
323 Pine St	0.47mi	2/1.0 (-1)	1,112 (-13%)	5mo	$155,000	$139	45
524 W Cedar Ln	0.66mi	2/2.0 (-1)	1,440 (+12%)	4mo	$165,000	$115	38
11 Whiteys Dr	0.61mi	3/2.0	1,128 (-12%)	17mo	$124,500	$110	35

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

Projected returns pro-forma

4.7% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.3%
• Equity multiple: 1.78×
• Total profit: $32,575
• Equity at exit: $82,271

10-year hold

• IRR: 13.5%
• Equity multiple: 3.36×
• Total profit: $99,083
• Equity at exit: $139,780

Cash invested: $42,000 (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 72644

• Home prices YoY: 2.1%
• Active inventory: 85
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,152 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$51 /mo · $616/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $10

Break-even live

Break-even rent $1,140

Max offer price $150,000

Occupancy floor 94%

Sensitivity live

Price	-10% $95	-5% $52	+0% $10	+5% $-32	+10% $-75
Rent	-10% $-81	-5% $-36	+0% $10	+5% $56	+10% $101
Rate	-1.0pp $86	-0.5pp $48	base $10	+0.5pp $-29	+1.0pp $-68

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-05-03
   status Pending 746-char remark

   Show marketing remark (746 chars)

   Charming 2-bedroom home with a bonus room in the walkout basement, offering potential for a third bedroom and added flexibility. Located in a quiet neighborhood, this home features a covered front porch and a screened-in porch—perfect for relaxing and enjoying the surroundings. Interior highlights include central heat and air, a finished laundry room, and a lower-level half bath serving the bonus room space. Conveniently located just 1.3 miles from Bull Shoals Lake, 1.4 miles from Diamond Hills Country Club (18-hole golf course), and 3 miles from Lead Hill Schools (K–12). This property offers a great combination of comfort, location, and versatility ideal for a full-time residence, weekend getaway, or investment opportunity.

2. 2026-03-25
   listed $150,000 Active 746-char remark

   Show marketing remark (746 chars)

   Charming 2-bedroom home with a bonus room in the walkout basement, offering potential for a third bedroom and added flexibility. Located in a quiet neighborhood, this home features a covered front porch and a screened-in porch—perfect for relaxing and enjoying the surroundings. Interior highlights include central heat and air, a finished laundry room, and a lower-level half bath serving the bonus room space. Conveniently located just 1.3 miles from Bull Shoals Lake, 1.4 miles from Diamond Hills Country Club (18-hole golf course), and 3 miles from Lead Hill Schools (K–12). This property offers a great combination of comfort, location, and versatility ideal for a full-time residence, weekend getaway, or investment opportunity.

3. 2003-10-03
   soldstatus $38,000

ⓘ 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: $616 · $51/mo
• Projected year-2 tax: $960 · $80/mo
• Expected delta: +$344/yr (+$29/mo · 55.9%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,829
• − Mortgage interest: −$8,402
• − Property taxes: −$616
• − Insurance: −$750
• − Repairs & maintenance: −$1,106
• − Management: −$1,106
• − Depreciation: −$4,364
• Taxable loss: −$2,515
• Est. tax savings @ 24.0%: +$604
• After-tax cash flow: $724/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: Lead Hill School District
• NCES district ID: 0503420
• Math proficiency: 25% ▼ -8.00%
• Reading proficiency: 32% ▼ -14.00%
• Median HH income: $32,310
• Composite: 23.24/100
• National rank: #7935
• State rank: #166 of 238 in AR

Livability — Diamond City

• Score: 67/100
• State rank: #107
• US rank: #10788

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Diamond City, AR
• City population: 123
• Population (ZIP): 2,640

Population outlook (Boone County) Hauer SSP2

• Today (2025): 37,238 people
• By 2030: 36,808 · -1.2%
• By 2040: 35,597 · -4.4%
• By 2050: 34,197 · -8.2%
• By 2075: 30,503 · -18.1%
• By 2100: 25,797 · -30.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 7% Hispanic / Latino 2% Black 1%
• Common ancestry: Lithuanian 7% Slovak 3% Portuguese 2%
• Foreign-born: 1% · Canada

Political lean MEDSL · Boone

• 2024 margin: Solid R (+65.0) · D 16.7% · R 81.6% · Other 1.7%
• 2008→2024 swing: -25.3pp toward R · 2008: -39.7pp · 2024: -65.0pp
• All cycles: 2024: R+65.0 2020: R+61.9 2016: R+58.5 2012: R+48.0 2008: R+39.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.70%
• Current HPI: 226.9247
• 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

+294.7% since first listed

3 events — show timeline

• 2026-05-03 Pending — NWARMLS
• 2026-03-25 Listed $150,000 NWARMLS
• 2003-10-03 Sold (Public Records) $38,000 Public Records

Property tax history

+11.3%/yr

Latest (2025): $616 · +0.0% YoY. Source: county tax records.