310 E Elm St · Walnut Ridge, AR 72476

$139,900

2 bd · 1.5 ba · 1,232 sqft · SingleFamily public records · 67 Days on market

Built 1988 $114/sqft · 17% above area Est $119k · 17% 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 +17.3/30.0
• Appreciation +6.9/10.0
• DSCR +5.4/10.0
• 1% rule +3.5/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

This charming home offers a welcoming front porch entry, perfect for relaxing or greeting guests. Inside, you'll find two large bedrooms. The main bedroom stands out with two large closets, providing ample storage space. The bathroom is equipped with a double sink, making morning routines easy and efficient. The open living concept creates a seamless flow from the dining area into a large living room, ideal for entertaining or spending time with family. The kitchen boasts plenty of cabinets, offering abundant storage for all your culinary needs. Adjacent to the kitchen, the laundry room includes additional storage cabinets, ensuring organization and convenience. For vehicles and hobbies, the property includes a one-car garage and a large shop with an extra storage or work room in the back. This setup is perfect for DIY projects, crafts, or storing equipment. The location is exceptionally convenient, with easy access to doctors, hospitals, and local shopping. Whether you value functionality, storage, or proximity to essential services, this home provides a comfortable and practical living environment.

Key facts

• Two large closets
• Front porch entry
• Double sink

Tags

• FRONT PORCH ENTRY
• TWO LARGE CLOSETS
• DOUBLE SINK
• OPEN LIVING CONCEPT
• PLENTY OF CABINETS
• ADDITIONAL STORAGE CABINETS

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $101 ($1k/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 $119k (14.9% below list).
• Recommended offer: $119k (14.9% below list) — sets the bar for 1% rule.
• Cap rate 7.2% vs local median 5.3% in Walnut Ridge — 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 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 ($967 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 ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 67 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Recommended offer $119,124 (14.9% below list)

Questions for the listing agent

1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 15% 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: 0.85% ✗
• Cap rate: 7.16%
• Cash-on-cash: 3.10%
• DSCR: 1.14
• GRM: 9.8

CMA / ARV

• ARV (median comp): $119,320
• List price: $139,900
• Delta: 17.25%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
703 E Elm St E	0.25mi	2/1.0	1,247 (+1%)	1mo	$113,000	$91	84
410 E Poplar	0.34mi	2/1.0	1,161 (-6%)	5mo	$35,000	$30	68
402 NW 6th St	0.59mi	2/1.0	1,204 (-2%)	1mo	$4,500	$4	66
123 E Gum St	0.30mi	3/1.5 (+1)	1,317 (+7%)	5mo	$165,000	$125	65
809 SE 7th St	0.38mi	3/1.0 (+1)	1,274 (+3%)	8mo	$47,500	$37	63
403 Tennessee Ave	0.38mi	3/1.0 (+1)	1,170 (-5%)	6mo	$133,000	$114	62
210 NE Front St	0.21mi	3/2.0 (+1)	1,070 (-13%)	4mo	$151,000	$141	58
212 NE Front St	0.23mi	3/2.0 (+1)	1,070 (-13%)	4mo	$151,000	$141	57
620 W Main St	0.60mi	2/1.0	1,141 (-7%)	2mo	$85,251	$75	56
1006 SE 3rd	0.58mi	3/2.0 (+1)	1,288 (+4%)	2mo	$80,000	$62	56
909 Circle Dr	0.40mi	2/2.0	1,400 (+14%)	5mo	$171,000	$122	53
605 NE Kelly	0.67mi	3/1.5 (+1)	1,093 (-11%)	3mo	$50,000	$46	42

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: 12.5%
• Equity multiple: 1.75×
• Total profit: $29,385
• Equity at exit: $69,442

10-year hold

• IRR: 14.0%
• Equity multiple: 3.25×
• Total profit: $88,171
• Equity at exit: $112,405

Cash invested: $39,172 (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: 9.8×

Monthly cashflow live

• Estimated rent: $1,191 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$48 /mo · $575/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $101

Break-even live

Break-even rent $1,063

Max offer price $139,900

Occupancy floor 86%

Sensitivity live

Price	-10% $180	-5% $141	+0% $101	+5% $62	+10% $22
Rent	-10% $7	-5% $54	+0% $101	+5% $148	+10% $195
Rate	-1.0pp $172	-0.5pp $137	base $101	+0.5pp $65	+1.0pp $28

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-22
   status $139,900 Under Contract 67 DOM
2. 2026-06-21
   days on market $139,900 Active 67 DOM
3. 2026-06-19
   days on market $139,900 Active 65 DOM
4. 2026-06-18
   days on market $139,900 Active 64 DOM
5. 2026-06-17
   days on market $139,900 Active 63 DOM
6. 2026-06-16
   days on market $139,900 Active 62 DOM
7. 2026-06-15
   days on market $139,900 Active 61 DOM
8. 2026-06-14
   days on market $139,900 Active 59 DOM
9. 2026-06-12
   days on market $139,900 Active 58 DOM
10. 2026-06-09
    days on market $139,900 Active 55 DOM
11. 2026-06-08
    days on market $139,900 Active 54 DOM
12. 2026-06-07
    days on market $139,900 Active 53 DOM
13. 2026-06-07
    days on market $139,900 Active 52 DOM
14. 2026-06-04
    days on market $139,900 Active 49 DOM
15. 2026-06-02
    days on market $139,900 Active 48 DOM
16. 2026-06-01
    days on market $139,900 Active 47 DOM
17. 2026-05-31
    days on market $139,900 Active 46 DOM
18. 2026-05-31
    days on market $139,900 Active 45 DOM
19. 2026-04-15
    listed $139,900 Active 1117-char remark

    Show marketing remark (1151 chars)

    This charming home offers a welcoming front porch entry, perfect for relaxing or greeting guests. Inside, you'll find two large bedrooms. The main bedroom stands out with two large closets, providing ample storage space. The bathroom is equipped with a double sink, making morning routines easy and efficient. The open living concept creates a seamless flow from the dining area into a large living room, ideal for entertaining or spending time with family. The kitchen boasts plenty of cabinets, offering abundant storage for all your culinary needs. Adjacent to the kitchen, the laundry room includes additional storage cabinets, ensuring organization and convenience. For vehicles and hobbies, the property includes a one-car garage and a large shop with an extra storage or work room in the back. This setup is perfect for DIY projects, crafts, or storing equipment. The location is exceptionally convenient, with easy access to doctors, hospitals, and local shopping. Whether you value functionality, storage, or proximity to essential services, this home provides a comfortable and practical living environment. Call today for a private showing!

20. 2026-04-15
    listed $139,900 New Listing 1151-char remark

    Show marketing remark (1151 chars)

    This charming home offers a welcoming front porch entry, perfect for relaxing or greeting guests. Inside, you'll find two large bedrooms. The main bedroom stands out with two large closets, providing ample storage space. The bathroom is equipped with a double sink, making morning routines easy and efficient. The open living concept creates a seamless flow from the dining area into a large living room, ideal for entertaining or spending time with family. The kitchen boasts plenty of cabinets, offering abundant storage for all your culinary needs. Adjacent to the kitchen, the laundry room includes additional storage cabinets, ensuring organization and convenience. For vehicles and hobbies, the property includes a one-car garage and a large shop with an extra storage or work room in the back. This setup is perfect for DIY projects, crafts, or storing equipment. The location is exceptionally convenient, with easy access to doctors, hospitals, and local shopping. Whether you value functionality, storage, or proximity to essential services, this home provides a comfortable and practical living environment. Call today for a private showing!

ⓘ 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: $575 · $48/mo
• Projected year-2 tax: $895 · $75/mo
• Expected delta: +$321/yr (+$27/mo · 55.8%)

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

Taxation est. · year 1

• Rental income: $14,295
• − Mortgage interest: −$7,837
• − Property taxes: −$575
• − Insurance: −$700
• − Repairs & maintenance: −$1,144
• − Management: −$1,144
• − Depreciation: −$4,070
• Taxable loss: −$1,173
• Est. tax savings @ 24.0%: +$282
• After-tax cash flow: $1,496/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

+0.0% since first listed

2 events — show timeline

• 2026-04-15 Listed $139,900 NEABOR MLS
• 2026-04-15 Listed $139,900 CARMLS

Property tax history

+16.4%/yr

Latest (2025): $575 · +8.3% YoY. Source: county tax records.