1200 W 31st Ave · Pine Bluff, AR 71603

$74,900

4 bd · 2.0 ba · 1,924 sqft · SingleFamily public records · 63 Days on market

Built 1955 8,712 sqft lot $39/sqft · 33% below area Est $111k · 33% under ↓ 8% since listing

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come and take a look at this spacious home on a beautiful corner lot. This property boasts 4 bedrooms, 2 baths, formal dining room and a large living room. The privacy fenced backyard is a bonus! Come take a look!

Key facts

• Corner lot
• 8,712 sq ft lot
• Built 1955

Tags

• CORNER LOT
• PRIVACY FENCED BACKYARD

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $546 ($7k/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: $70k (6.0% below list) — sets the bar for market timing.
• Cap rate 15.0% vs local median 9.0% in Pine Bluff — 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 50/100 on livability (#483 in AR) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: schools F, crime F, amenities F.
• Pine Bluff School District (urban): math 6% / reading 9% proficiency, ranked #236 of 238 in AR (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 85% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 212 active listings in the ZIP; 62 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $518 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Jefferson County population projected at -33% 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 63 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y ago; this cycle's ask has dropped $15k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $70,406 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 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 1955 — 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: 1.72% ✓
• Cap rate: 15.05%
• Cash-on-cash: 31.27%
• DSCR: 2.39
• GRM: 4.8

CMA / ARV

• ARV (median comp): $111,049
• List price: $74,900
• Delta: -32.55%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3100 S Mulberry St	0.06mi	3/2.0 (-1)	2,080 (+8%)	6mo	$75,000	$36	74
820 W 34th Ave	0.29mi	3/2.0 (-1)	2,037 (+6%)	7mo	$137,000	$67	66
810 Hudson	0.24mi	3/2.0 (-1)	2,038 (+6%)	11mo	$133,500	$66	65
1604 W 31st	0.26mi	3/2.0 (-1)	1,728 (-10%)	4mo	$60,000	$35	62
3516 S Cherry St	0.31mi	3/2.0 (-1)	2,064 (+7%)	12mo	$50,000	$24	58
2206 W 36	0.72mi	3/2.0 (-1)	1,870 (-3%)	1mo	$170,000	$91	56
1403 Arrowhead	0.46mi	3/2.0 (-1)	1,853 (-4%)	14mo	$174,500	$94	56
1303 Arrowhead Pl	0.45mi	3/2.0 (-1)	1,846 (-4%)	14mo	$115,000	$62	56
505 W 33rd Ave	0.41mi	4/2.0	2,185 (+14%)	4mo	$170,000	$78	55
3520 Cherry	0.33mi	4/2.0	2,172 (+13%)	12mo	$25,000	$12	53
2205 W 34th Ave	0.62mi	4/2.0	2,088 (+8%)	11mo	$155,000	$74	48
1920 31 Ave	0.43mi	3/2.0 (-1)	2,170 (+13%)	20mo	$145,000	$67	37

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

Projected returns pro-forma

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

5-year hold

• IRR: 26.1%
• Equity multiple: 2.08×
• Total profit: $22,657
• Equity at exit: $11,168

10-year hold

• IRR: 33.7%
• Equity multiple: 4.08×
• Total profit: $64,512
• Equity at exit: $6,476

Cash invested: $20,972 (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 71603

• Home prices YoY: -26.0%
• Active inventory: 212
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,291 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$50 /mo · $596/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $546

Break-even live

Break-even rent $600

Max offer price $74,900

Occupancy floor 53%

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: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-05-08
   price $74,900 213-char remark

   Show marketing remark (213 chars)

   Come and take a look at this spacious home on a beautiful corner lot. This property boasts 4 bedrooms, 2 baths, formal dining room and a large living room. The privacy fenced backyard is a bonus! Come take a look!

2. 2026-04-22
   price $79,000 213-char remark

   Show marketing remark (213 chars)

   Come and take a look at this spacious home on a beautiful corner lot. This property boasts 4 bedrooms, 2 baths, formal dining room and a large living room. The privacy fenced backyard is a bonus! Come take a look!

3. 2026-04-15
   price $85,000 213-char remark

   Show marketing remark (213 chars)

   Come and take a look at this spacious home on a beautiful corner lot. This property boasts 4 bedrooms, 2 baths, formal dining room and a large living room. The privacy fenced backyard is a bonus! Come take a look!

4. 2026-03-25
   listed $90,000 New Listing 213-char remark

   Show marketing remark (213 chars)

   Come and take a look at this spacious home on a beautiful corner lot. This property boasts 4 bedrooms, 2 baths, formal dining room and a large living room. The privacy fenced backyard is a bonus! Come take a look!

5. 2019-06-24
   soldstatus $83,500 Sold 239-char remark

   Show marketing remark (239 chars)

   If you are looking for a wonderful spacious home with 4 Bedrooms, 2 Baths, Formal Living and Dining room, open Kitchen and Den and a beautiful yard this is it!!! The home is beautiful and well maintained and updated with over 1900 sq. ft.

6. 2019-06-24
   soldstatus $84,000

   Show marketing remark (239 chars)

   If you are looking for a wonderful spacious home with 4 Bedrooms, 2 Baths, Formal Living and Dining room, open Kitchen and Den and a beautiful yard this is it!!! The home is beautiful and well maintained and updated with over 1900 sq. ft.

7. 2019-05-12
   status Under Contract 239-char remark

   Show marketing remark (239 chars)

   If you are looking for a wonderful spacious home with 4 Bedrooms, 2 Baths, Formal Living and Dining room, open Kitchen and Den and a beautiful yard this is it!!! The home is beautiful and well maintained and updated with over 1900 sq. ft.

8. 2019-04-26
   historical Take Backups 239-char remark

   Show marketing remark (239 chars)

   If you are looking for a wonderful spacious home with 4 Bedrooms, 2 Baths, Formal Living and Dining room, open Kitchen and Den and a beautiful yard this is it!!! The home is beautiful and well maintained and updated with over 1900 sq. ft.

9. 2019-04-09
   listed $83,500 New Listing 239-char remark

   Show marketing remark (239 chars)

   If you are looking for a wonderful spacious home with 4 Bedrooms, 2 Baths, Formal Living and Dining room, open Kitchen and Den and a beautiful yard this is it!!! The home is beautiful and well maintained and updated with over 1900 sq. ft.

10. 2019-01-08
    historical
11. 2018-10-12
    listed $81,000 New Listing

ⓘ 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: $596 · $50/mo
• Projected year-2 tax: $596 · $50/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 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% 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: $15,495
• − Mortgage interest: −$4,196
• − Property taxes: −$596
• − Insurance: −$374
• − Repairs & maintenance: −$1,240
• − Management: −$1,240
• − Depreciation: −$2,179
• Taxable income: $5,671
• Est. tax owed @ 24.0%: −$1,361
• After-tax cash flow: $5,196/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: Pine Bluff School District
• NCES district ID: 0500026
• Math proficiency: 6% ▼ -9.00%
• Reading proficiency: 9% ▼ -7.00%
• Median HH income: $32,374
• Composite: 5.86/100
• National rank: #10014
• State rank: #236 of 238 in AR

Livability — Pine Bluff

• Score: 50/100
• State rank: #483
• US rank: #25645

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pine Bluff, AR
• County: Jefferson County · 29,578 people
• City population: 29,578
• Metro: Pine Bluff, AR
• Population (ZIP): 29,578
• Household income: $53,130
• Rent vs Own: 35.8% rent · 64.2% own
• Severe rent burden: 657.0

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 63,110 people
• By 2030: 58,519 · -7.3%
• By 2040: 49,740 · -21.2%
• By 2050: 42,331 · -32.9%
• By 2075: 29,591 · -53.1%
• By 2100: 21,047 · -66.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (62%)
• Race & ethnicity: Black 62% White 33% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Italian 2% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Jefferson

• 2024 margin: Strong D (+20.1) · D 59.2% · R 39.2% · Other 1.6%
• 2008→2024 swing: -6.2pp toward R · 2008: 26.3pp · 2024: 20.1pp
• All cycles: 2024: D+20.1 2020: D+21.7 2016: D+25.3 2012: D+29.0 2008: D+26.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -72.43%
• Current HPI: 206.5994
• Rent YoY: —
• Metro: Pine Bluff, AR
• 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

-7.5% since first listed

11 events — show timeline

• 2026-05-08 Price Changed $74,900 CARMLS
• 2026-04-22 Price Changed $79,000 CARMLS
• 2026-04-15 Price Changed $85,000 CARMLS
• 2026-03-25 Listed $90,000 CARMLS
• 2019-06-24 Sold (Public Records) $84,000 Public Records
• 2019-06-24 Sold (MLS) $83,500 CARMLS
• 2019-05-12 Pending — CARMLS
• 2019-04-26 Contingent — CARMLS
• 2019-04-09 Listed $83,500 CARMLS
• 2019-01-08 Listing Removed — CARMLS
• 2018-10-12 Listed $81,000 CARMLS

Property tax history

+3.4%/yr

Latest (2025): $596 · -7.5% YoY. Source: county tax records.