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111 Brooks St
B+ Composite 76.13
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
  • DSCR +10.0/10.0
  • Appreciation +10.0/10.0
  • 1% rule +8.3/10.0
  • ARV discount +5.7/15.0
  • Schools +3.6/10.0
  • Livability +3.5/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$129,900

111 Brooks St · Brookland, AR 72417
4 bd · 2.0 ba · 1,786 sqft · Manufactured · 10 Days on market
Built 2004 0.30 ac lot Est $125k · at est.

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

Listing remarks

Spacious 4-bedroom, 2-bath manufactured home priced below recent appraisal! This well-maintained property offers an open floor plan, generous bedroom sizes, and plenty of natural light. Enjoy affordable living without sacrificing space or comfort. A great opportunity for buyers seeking value and room to grow!

Key facts

  • 0.3 acre lot
  • Listed 10 days

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 4-bed/2.0-bath manufactured listed at $130k.

Deal economics

  • At list price, monthly cash flow is $575 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $130k).
  • Cap rate 11.6% vs local median 4.1% in Brookland — 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 70/100 on livability (#57 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime D, amenities F, commute F.
  • Brookland School District (suburban): math 45% / reading 39% proficiency, ranked #47 of 238 in AR (top 20%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Brookland Middle School (math 56% / reading 35%, grade D-, #135 of 454 statewide, top 30%, 878 students, 31% FRL); Brookland High School (math 22% / reading 37%, grade F, #142 of 292 statewide, top 53%, 589 students, 27% FRL) — zoned schools at 29% FRL track the district average.
  • Market conditions: 118 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 926 units permitted in Craighead County in 2024 (69 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $14k of equity ($898 loan paydown + $13k appreciation (10.0% local appreciation)).
  • Craighead County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 3, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
  • 9 sale attempts since 4y ago 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.
  • Current owner paid $95k; 37% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Recommended offer $129,900

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. Crime grade is D 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?
  3. 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.
  4. 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.
  5. 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
1.33%
Cap rate
11.61%
Cash-on-cash
18.98%
DSCR
1.84
GRM
6.3

CMA / ARV

ARV (on-the-fly)
$125,020
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
111 Brooks St 0.00mi 4/2.0 1,786 (0%) 1mo $125,000 $70 99

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
38.4%
Equity multiple
3.95×
Total profit
$107,342
Equity at exit
$117,024
10-year hold
IRR
33.1%
Equity multiple
8.90×
Total profit
$287,206
Equity at exit
$252,367

Cash invested: $36,372 (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 72417

Home prices YoY
20.6%
Active inventory
118
Price-to-rent
6.3×

Monthly cashflow live

Estimated rent
$1,721 medium interval (Pro) →
Mortgage (P&I)
$681
Tax from tax record
$49 /mo · $591/yr
Insurance
$54
HOA
$0
Vacancy / Maint / Mgmt
$361
Net cashflow
$575

Break-even live

Break-even rent $993
Max offer price $129,900
Occupancy floor 62%

Sensitivity live

Price -10% $649 -5% $612 +0% $575 +5% $538 +10% $502
Rent -10% $439 -5% $507 +0% $575 +5% $643 +10% $711
Rate -1.0pp $641 -0.5pp $608 base $575 +0.5pp $542 +1.0pp $507

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
$32,475
Closing costs
$3,897
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.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
315 Story St Brookland, AR 3.0 2.0 1250 $1,270 $1.02 44d 1 0.22mi
338 Story St Brookland, AR 3.0 2.0 1250 $1,270 $1.02 44d 1 0.28mi
123 Hidden Creek Dr Brookland, AR 3.0 2.0 1970 $2,550 $1.29 44d 1 0.39mi
203 N Bernis St Brookland, AR 3.0 2.0 1328 $1,550 $1.17 44d 1 0.62mi

Listing history 18 events

  1. 2026-04-06
    status Under Contract
  2. 2026-03-27
    listed $129,900 New Listing
  3. 2026-03-27
    listed $134,500 New Listing
  4. 2026-03-27
    historical
  5. 2026-03-26
    historical
  6. 2026-03-26
    historical
  7. 2026-03-11
    status Active
  8. 2026-02-19
    listed $40,000
  9. 2026-01-09
    historical
  10. 2025-12-09
    listed $134,500 New Listing
  11. 2025-12-09
    listed $134,500 Active
  12. 2025-12-04
    listed $134,500 New Listing
  13. 2025-12-04
    listed $134,500 Active
  14. 2022-11-09
    soldstatus $95,000
  15. 2022-11-07
    soldstatus $95,000
  16. 2022-09-06
    listed $120,000
  17. 2012-06-22
    soldstatus $28,000
  18. 2003-10-21
    soldstatus $10,000

ⓘ 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
$591 · $49/mo
Projected year-2 tax
$831 · $69/mo
Expected delta
+$240/yr (+$20/mo · 40.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,656
− Mortgage interest
−$7,276
− Property taxes
−$591
− Insurance
−$650
− Repairs & maintenance
−$1,652
− Management
−$1,652
− Depreciation
−$3,779
Taxable income
$5,055
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,213
After-tax cash flow
$5,690/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
Brookland School District
NCES district ID
0503640
Math proficiency
45% ▼ -15.00%
Reading proficiency
39% ▼ -16.00%
Median HH income
$52,226
Composite
36.4/100
National rank
#4678
State rank
#47 of 238 in AR

Livability — Brookland

Score
70/100
State rank
#57
US rank
#7817

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Brookland, AR
County
Craighead County · 97,185 people
City population
5,940
Metro
Jonesboro, AR
Population (ZIP)
5,940
Household income
$61,964
Rent vs Own
37.6% rent · 62.4% own
Severe rent burden
152.0

Population outlook (Craighead County) Hauer SSP2

Today (2025)
122,235 people
By 2030
131,338 · +7.4%
By 2040
149,862 · +22.6%
By 2050
168,034 · +37.5%
By 2075
208,094 · +70.2%
By 2100
233,251 · +90.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (91%)
Race & ethnicity
White 91% Two or more races 5% Black 2% Hispanic / Latino 2%
Common ancestry
Slovak 3% Italian 3%
Foreign-born
1% · Canada, South Korea

Political lean MEDSL · Craighead

2024 margin
Solid R (+37.4) · D 30.1% · R 67.5% · Other 2.4%
2008→2024 swing
-12.9pp toward R · 2008: -24.5pp · 2024: -37.4pp
All cycles
2024: R+37.4 2020: R+35.4 2016: R+35.2 2012: R+31.1 2008: R+24.5

Not yet ingested

Civics

Market trends

HPI YoY
▲ 56.75%
Current HPI
331.5025
Rent YoY
Metro
Jonesboro, AR
State GDP YoY
▲ 3.80%
F500 in state
10

Industry mix (Fortune 500 HQ in AR)

Industry F500 HQs Revenue

Price history

+1245.0% since first listed
18 events — show timeline
  • 2026-04-06 Pending CARMLS
  • 2026-03-27 Listing Removed CARMLS
  • 2026-03-27 Listed $134,500 CARMLS
  • 2026-03-27 Listed $129,900 CARMLS
  • 2026-03-26 Listing Removed CARMLS
  • 2026-03-26 Listing Removed CARMLS
  • 2026-03-11 Relisted NEABOR MLS
  • 2026-02-19 Listed $40,000 NEABOR MLS
  • 2026-01-09 Delisted NEABOR MLS
  • 2025-12-09 Listed $134,500 NEABOR MLS
  • 2025-12-09 Listed $134,500 CARMLS
  • 2025-12-04 Listed $134,500 NEABOR MLS
  • 2025-12-04 Listed $134,500 CARMLS
  • 2022-11-09 Sold (Public Records) $95,000 Public Records
  • 2022-11-07 Sold (MLS) $95,000 NEABOR MLS
  • 2022-09-06 Listed $120,000 NEABOR MLS
  • 2012-06-22 Sold (Public Records) $28,000 Public Records
  • 2003-10-21 Sold (Public Records) $10,000 Public Records

Property tax history

+4.1%/yr

Latest (2025): $591 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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