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83 Nc 2813
C- Composite 54.02
Why this score? — see what drove the C- 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 +19.4/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.1/10.0
  • 1% rule +5.2/10.0
  • Appreciation +5.0/10.0
  • Livability +3.1/5.0
  • Schools +3.0/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.2/5.0

$85,000

83 Nc 2813 · Jasper, AR 72648
2 bd · 1.0 ba · 910 sqft · Manufactured · 6 Days on market
Built 1985 Fair condition 3.48 ac lot

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

Listing remarks

Escape to the beautiful Ozarks with this 2-bedroom, 1-bathroom home situated on 3.48 scenic acres in Marble Falls! Nestled in the heart of Newton County, this property offers excellent privacy, mature trees, and gorgeous wooded views. Whether you are looking for an affordable full-time residence, a weekend getaway, or an outdoor enthusiast's basecamp, this acreage has endless potential. The manufactured home features a functional 2-bed, 1-bath layout ready for your personal touches. Enjoy the peace and quiet of country living with plenty of room to garden, expand, or enjoy the local wildlife. Best of all, you are just minutes away from Scenic Highway 7, Jasper, and world-class hiking, float

Key facts

  • Excellent privacy
  • Scenic acres
  • Country living

Tags

SCENIC ACRESMATURE TREESWOODED VIEWSEXCELLENT PRIVACYCOUNTRY LIVINGLOCAL WILDLIFE

Property features AI

Finance

  • HOA & community: Monthly association fee; Near a state park

Exterior

  • Utilities: Electricity available; Public water available; Septic available (septic tank)
  • Home design: Single-story; Metal siding
  • Construction: Metal roof; Tie-down foundation; Built 25+ years ago
  • Exterior features: Deck and porch; Gravel driveway; Wire fencing; Rolling slope, rural and wooded lot; Approximately 3.48 acres with about 3 acres of pasture and 0.48 acres wooded; County road frontage

Interior

  • Kitchen: Convection oven; Refrigerator
  • Flooring: Laminate flooring
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Gas heating; Central air conditioning
  • Interior features: Blinds and window treatments; Eat-in kitchen

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $85k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $95 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($864 rent vs $85k).
  • Cap rate 7.6% vs local median 3.5% in Jasper — 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 62/100 on livability (#217 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: crime F, amenities F, commute F.
  • Jasper School District (rural): math 33% / reading 39% proficiency, ranked #115 of 238 in AR (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Jasper Elementary School (math 47% / reading 37%, grade F, #173 of 454 statewide, top 43%, 271 students, 65% FRL); Jasper High School (math 22% / reading 42%, grade F, #119 of 292 statewide, top 43%, 208 students, 61% FRL) — zoned schools at 63% FRL track the district average.
  • Market conditions: 26 active listings in the ZIP.

Forward outlook

  • In year one you build about $3k of equity ($588 loan paydown + $3k appreciation (3.0% local appreciation)).
  • Newton County population projected at -36% 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 $24k cash investment doubles in ~5 years — after that, you're playing with house money.
  • By year 10, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
Recommended offer $85,000

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
1.02%
Cap rate
7.64%
Cash-on-cash
4.80%
DSCR
1.21
GRM
8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
12.0%
Equity multiple
1.69×
Total profit
$16,313
Equity at exit
$38,220
10-year hold
IRR
14.1%
Equity multiple
3.08×
Total profit
$49,610
Equity at exit
$58,901

Cash invested: $23,800 (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 72648

Active inventory
26
Price-to-rent
8.2×

Monthly cashflow live

Estimated rent
$864 medium interval (Pro) →
Mortgage (P&I)
$446
Tax est. 1.5%
$106 /mo · $1,275/yr
Insurance
$35
HOA
$0
Vacancy / Maint / Mgmt
$181
Net cashflow
$95

Break-even live

Break-even rent $744
Max offer price $85,000
Occupancy floor 84%

Sensitivity live

Price -10% $154 -5% $125 +0% $95 +5% $66 +10% $36
Rent -10% $27 -5% $61 +0% $95 +5% $129 +10% $163
Rate -1.0pp $138 -0.5pp $117 base $95 +0.5pp $73 +1.0pp $51

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
$21,250
Closing costs
$2,550
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 6 events

  1. 2026-06-22
    days on market $85,000 Active 6 DOM
  2. 2026-06-21
    days on market $85,000 Active 5 DOM
  3. 2026-06-19
    days on market $85,000 Active 3 DOM
  4. 2026-06-18
    days on market $85,000 Active 2 DOM
  5. 2026-06-17
    remarks 699-char remark
  6. 2026-06-17
    listed $85,000 Active 1 DOM

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$10,368
− Mortgage interest
−$4,761
− Property taxes
−$1,275
− Insurance
−$425
− Repairs & maintenance
−$829
− Management
−$829
− Depreciation
−$2,473
Taxable loss
−$225
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$54
After-tax cash flow
$1,196/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This manufactured home requires moderate repairs and updates to improve its condition and value. Key areas for improvement include the kitchen, bathroom, and exterior. Painting and replacing cabinets, countertops, and appliances would significantly enhance its resale and rental value.

Repairs flagged

  • Moderate kitchen cabinets — dated and in need of replacement
  • Moderate kitchen countertops — dated and in need of replacement
  • Moderate kitchen appliances — dated and in need of replacement
  • Moderate bathroom fixtures — dated and in need of replacement

Value-add opportunities

  • Resale paint interior walls — fresh paint enhances curb appeal
  • Resale replace kitchen cabinets and countertops — new cabinets and countertops improve functionality and aesthetics
  • Resale replace kitchen appliances — new appliances improve functionality and aesthetics
  • Resale replace bathroom fixtures — new fixtures improve functionality and aesthetics
  • Both landscaping — improved landscaping enhances curb appeal and outdoor living space

Renovation cost estimate screening

Repair itemSeverityEst. cost
kitchen cabinets · dated and in need of replacement Moderate $3,000–15,000
kitchen countertops · dated and in need of replacement Moderate $3,000–15,000
kitchen appliances · dated and in need of replacement Moderate $3,000–15,000
bathroom fixtures · dated and in need of replacement Moderate $3,000–15,000
Total estimated repair cost · 4 items $12,000–60,000

Value-add ROI direction

  • Resale paint interior walls — fresh paint enhances curb appeal
  • Resale replace kitchen cabinets and countertops — new cabinets and countertops improve functionality and aesthetics
  • Resale replace kitchen appliances — new appliances improve functionality and aesthetics
  • Resale replace bathroom fixtures — new fixtures improve functionality and aesthetics
  • Both landscaping — improved landscaping enhances curb appeal and outdoor living space

ⓘ 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
Jasper School District
NCES district ID
0508240
Math proficiency
33% ▼ -5.00%
Reading proficiency
39% ▼ -5.00%
Median HH income
$33,615
Composite
29.59/100
National rank
#6480
State rank
#115 of 238 in AR

Livability — Jasper

Score
62/100
State rank
#217
US rank
#16736

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
502

Population outlook (Newton County) Hauer SSP2

Today (2025)
7,052 people
By 2030
6,509 · -7.7%
By 2040
5,424 · -23.1%
By 2050
4,502 · -36.2%
By 2075
3,018 · -57.2%
By 2100
1,985 · -71.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (86%)
Race & ethnicity
White 86% Two or more races 14%
Common ancestry
Lithuanian 6% Romanian 5% Serbian 5%

Political lean MEDSL · Newton

2024 margin
Solid R (+64.2) · D 17.1% · R 81.2% · Other 1.7%
2008→2024 swing
-28.7pp toward R · 2008: -35.5pp · 2024: -64.2pp
All cycles
2024: R+64.2 2020: R+62.1 2016: R+58.3 2012: R+41.4 2008: R+35.5

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

1 event — show timeline
  • 2026-06-16 Listed $85,000 NWARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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