601 Stewart St · Walnut Ridge, AR 72476

$140,000

4 bd · 1.0 ba · 1,032 sqft · SingleFamily public records · 204 Days on market

Est $140k · at est.

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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 +14.8/30.0
• ARV discount +7.6/15.0
• Appreciation +6.9/10.0
• DSCR +4.5/10.0
• 1% rule +4.1/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks

Completely remodeled 4-bedroom, 2-bath brick home on a corner lot in the heart of Walnut Ridge! This 1,350 sq ft home features beautiful butcher block countertops, neutral tones throughout, and quality finishes that give it a fresh, modern feel. The layout is functional and inviting, with spacious bedrooms and updated baths. A durable metal roof adds long-term value and peace of mind. Located just minutes from the hospital, schools, stores, and restaurants, this home offers both comfort and convenience. Perfect as a family home or investment property—move-in ready and full of charm!

Key facts

• Move-in ready
• Remodeled
• Metal roof

Tags

• REMODELED
• BUTCHER BLOCK COUNTERTOPS
• METAL ROOF
• CORNER LOT
• MOVE-IN READY

Property features AI

Finance

• Financial info: Acceptable financing includes VA, FHA, conventional, cash, Rural Development, and in-house financing

Exterior

• Parking: Parking pads
• Utilities: Public sewer; Public water; Municipal electric service (Entergy)
• Home design: Single-family property; Located inside city limits
• Construction: Metal roof; Crawl space foundation
• Exterior features: Brick exterior; Level, corner lot; Paved road access

Interior

• Kitchen: Microwave; Electric range
• Flooring: Carpet; Vinyl; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heating; Central electric cooling
• Interior features: Carpet, vinyl, and tile flooring

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $39 ($469/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 $127k (9.0% below list).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.6% vs local median 5.3% in Walnut Ridge — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 57/100 on livability (#351 in AR) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime F, amenities F, commute F.
• Lawrence County School District (town): math 24% / reading 25% proficiency, ranked #188 of 238 in AR (top 79%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Walnut Ridge Elementary School (math 26% / reading 20%, grade F, #363 of 454 statewide, top 80%, 580 students, 58% FRL); Walnut Ridge High School (math 21% / reading 30%, grade F, #182 of 292 statewide, top 63%, 462 students, 45% FRL) — zoned schools at 51% FRL track the district average.
• Market conditions: 57 active listings in the ZIP; 63 units permitted in Lawrence County in 2024 (15 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($968 loan paydown + $5k appreciation (3.8% local appreciation)).
• Lawrence County population projected at -23% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.8% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 204 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $20k; list at $140k implies a 600% gain — meaningful room to come down on a strong offer.

Recommended offer $123,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 204 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
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: 0.91% ✗
• Cap rate: 6.63%
• Cash-on-cash: 1.20%
• DSCR: 1.05
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $140,352
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
210 NE Front St	0.45mi	3/2.0 (-1)	1,070 (+4%)	4mo	$151,000	$141	60
212 NE Front St	0.46mi	3/2.0 (-1)	1,070 (+4%)	4mo	$151,000	$141	60
715 SW 2nd St SW	0.45mi	3/1.0 (-1)	1,026 (-1%)	21mo	$55,000	$54	56
213 SE 4th St	0.61mi	3/1.0 (-1)	1,100 (+7%)	15mo	$142,000	$129	43
209 SE 4th	0.61mi	3/1.0 (-1)	1,100 (+7%)	20mo	$149,300	$136	39
209 SE 4th St SE	0.62mi	3/1.0 (-1)	1,100 (+7%)	20mo	$149,300	$136	39
414 NE 4th St	0.71mi	3/1.0 (-1)	896 (-13%)	2mo	$69,900	$78	38

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

Projected returns pro-forma

3.82% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 10.9%
• Equity multiple: 1.65×
• Total profit: $25,521
• Equity at exit: $69,491

10-year hold

• IRR: 12.6%
• Equity multiple: 3.04×
• Total profit: $80,067
• Equity at exit: $112,486

Cash invested: $39,200 (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 72476

• Home prices YoY: 1.7%
• Active inventory: 57
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,274 medium
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,100/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$268
• Net cashflow: $39

Break-even live

Break-even rent $1,225

Max offer price $140,000

Occupancy floor 92%

Sensitivity live

Price	-10% $136	-5% $87	+0% $39	+5% $-9	+10% $-58
Rent	-10% $-62	-5% $-11	+0% $39	+5% $89	+10% $140
Rate	-1.0pp $110	-0.5pp $75	base $39	+0.5pp $3	+1.0pp $-34

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-04-15
   status Under Contract
2. 2026-03-01
   price $140,000
3. 2025-11-05
   price $159,900
4. 2025-10-11
   price $170,000
5. 2025-09-23
   listed $175,000 New Listing
6. 2007-10-19
   soldstatus $20,000

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

Taxation est. · year 1

• Rental income: $15,290
• − Mortgage interest: −$7,842
• − Property taxes: −$2,100
• − Insurance: −$700
• − Repairs & maintenance: −$1,223
• − Management: −$1,223
• − Depreciation: −$4,073
• Taxable loss: −$1,872
• Est. tax savings @ 24.0%: +$449
• After-tax cash flow: $918/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: Lawrence County School District
• NCES district ID: 0500082
• Math proficiency: 24% ▼ -21.00%
• Reading proficiency: 25% ▼ -13.00%
• Median HH income: $34,340
• Composite: 20.15/100
• National rank: #8637
• State rank: #188 of 238 in AR

Livability — Walnut Ridge

• Score: 57/100
• State rank: #351
• US rank: #21939

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Walnut Ridge, AR
• Population (ZIP): 7,565

Population outlook (Lawrence County) Hauer SSP2

• Today (2025): 15,453 people
• By 2030: 14,697 · -4.9%
• By 2040: 13,247 · -14.3%
• By 2050: 11,937 · -22.8%
• By 2075: 9,466 · -38.7%
• By 2100: 7,441 · -51.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 7% Hispanic / Latino 3% Black 1%
• Common ancestry: Slovak 1% Serbian 1% Romanian 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Lawrence

• 2024 margin: Solid R (+64.0) · D 16.9% · R 81.0% · Other 2.1%
• 2008→2024 swing: -43.1pp toward R · 2008: -20.9pp · 2024: -64.0pp
• All cycles: 2024: R+64.0 2020: R+59.6 2016: R+49.8 2012: R+31.6 2008: R+20.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.82%
• Current HPI: 231.817
• 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

+600.0% since first listed

6 events — show timeline

• 2026-04-15 Pending — CARMLS
• 2026-03-01 Price Changed $140,000 CARMLS
• 2025-11-05 Price Changed $159,900 CARMLS
• 2025-10-11 Price Changed $170,000 CARMLS
• 2025-09-23 Listed $175,000 CARMLS
• 2007-10-19 Sold (Public Records) $20,000 Public Records

Property tax history

-14.0%/yr

Latest (2025): $37 · +283.1% YoY. Source: county tax records.