7152 State Highway O · Gamaliel, AR 65766

$59,000

3 bd · 1.0 ba · 1,248 sqft · Other public records · 76 Days on market

Built 1950 0.88 ac lot $47/sqft · 50% below area ↓ 56% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Schools +3.7/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Country Home Near Lake Norfork! This 3-bedroom, 1-bath home offers 1,940 sq ft of living space on 0.88 AC M/L, located just 1.5 mi from Lake Norfork. The home features a cozy wood-burning fireplace in the front room, a partial basement, and an attached 1-car garage with two bonus storage rooms. Outside, the property has 3-detached garages, including one with a plumbed living area—perfect for a guest house, workshop, or rental potential. An additional storage building provides even more space for all your needs. Plenty of room for boats, RVs, and recreational vehicles, making this an ideal setup for lake lovers. Whether you're looking for a full-time residence, weekend getaway, or investment property, this one checks all the boxes! Bank Owned selling property AS IS, WHERE IS. “Arvest employees, directors and their family members are ineligible to purchase Arvest’s Bank – owned properties. Property to convey via Special Warranty Deed. ”

Key facts

• Partial basement
• Room for boats
• Detached garages

Tags

• WOOD BURNING FIREPLACE
• PARTIAL BASEMENT
• DETACHED GARAGES
• PLUMBED LIVING AREA
• ADDITIONAL STORAGE BUILDING
• ROOM FOR BOATS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $59k.

Deal economics

• At list price, monthly cash flow is $416 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $59k).
• Recommended offer: $55k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Bakersfield R-IV (rural): math 44% / reading 40% proficiency, ranked #285 of 535 in MO (top 53%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.

Forward outlook

• In year one you build about $2k of equity ($408 loan paydown + $2k appreciation (3.0% local appreciation)).
• Ozark County population projected at -26% 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 $17k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($55k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $40k (40%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $55,460 (6.0% below list)

Questions for the listing agent

1. It's been on market 76 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 1950 — 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. 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: 1.73% ✓
• Cap rate: 14.76%
• Cash-on-cash: 30.25%
• DSCR: 2.35
• GRM: 4.8

CMA / ARV

• ARV (median comp): $185,000
• List price: $59,000
• Delta: -68.11%
• Verdict: UNDERPRICED
• Comps: 3 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 36.1%
• Equity multiple: 3.04×
• Total profit: $33,638
• Equity at exit: $26,529

10-year hold

• IRR: 36.2%
• Equity multiple: 6.00×
• Total profit: $82,590
• Equity at exit: $40,884

Cash invested: $16,520 (down + closing). Projections, not guarantees.

Monthly cashflow live

• Estimated rent: $1,022 medium
• Mortgage (P&I): −$309
• Tax from tax record: −$57 /mo · $686/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$215
• Net cashflow: $416

Break-even live

Break-even rent $495

Max offer price $59,000

Occupancy floor 54%

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: $14,750
• Closing costs: $1,770
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-18
   days on market $59,000 Active 76 DOM
2. 2026-06-17
   days on market $59,000 Active 75 DOM
3. 2026-06-16
   days on market $59,000 Active 74 DOM
4. 2026-06-15
   days on market $59,000 Active 73 DOM
5. 2026-06-13
   statusdays on market $59,000 Active 71 DOM
6. 2026-06-09
   status $59,000 Pending 70 DOM
7. 2026-06-08
   days on market $59,000 Active 70 DOM
8. 2026-06-07
   days on market $59,000 Active 69 DOM
9. 2026-06-07
   days on market $59,000 Active 68 DOM
10. 2026-06-04
    days on market $59,000 Active 65 DOM
11. 2026-06-02
    days on market $59,000 Active 64 DOM
12. 2026-06-01
    days on market $59,000 Active 63 DOM
13. 2026-05-31
    days on market $59,000 Active 62 DOM
14. 2026-05-12
    price $79,000 978-char remark

    Show marketing remark (953 chars)

    Country Home Near Lake Norfork!This 3-bedroom, 1-bath home offers 1,940 sq ft of living space on 0.88 M/L acres, located just 1.5 miles from Lake Norfork. The home features a cozy wood-burning fireplace in the front room, a partial basement, and an attached 1-car garage with two bonus storage rooms. Outside, the property has 3-detached garages, including one with a plumbed living area--perfect for a guest house, workshop, or rental potential. An additional storage building provides even more space for all your needs. Plenty of room for boats, RVs, and recreational vehicles, making this an ideal setup for lake lovers. Whether you're looking for a full-time residence, weekend getaway, or investment property, this one checks all the boxes!Bank Owned selling property AS IS, WHERE IS. 'Arvest employees, directors and their family members are ineligible to purchase Arvest's Bank - owned properties. Property to convey via Special Warranty Deed. '

15. 2026-05-12
    price $79,000 953-char remark

    Show marketing remark (953 chars)

    Country Home Near Lake Norfork!This 3-bedroom, 1-bath home offers 1,940 sq ft of living space on 0.88 M/L acres, located just 1.5 miles from Lake Norfork. The home features a cozy wood-burning fireplace in the front room, a partial basement, and an attached 1-car garage with two bonus storage rooms. Outside, the property has 3-detached garages, including one with a plumbed living area--perfect for a guest house, workshop, or rental potential. An additional storage building provides even more space for all your needs. Plenty of room for boats, RVs, and recreational vehicles, making this an ideal setup for lake lovers. Whether you're looking for a full-time residence, weekend getaway, or investment property, this one checks all the boxes!Bank Owned selling property AS IS, WHERE IS. 'Arvest employees, directors and their family members are ineligible to purchase Arvest's Bank - owned properties. Property to convey via Special Warranty Deed. '

16. 2026-04-14
    price $89,000 978-char remark

    Show marketing remark (953 chars)

    Country Home Near Lake Norfork!This 3-bedroom, 1-bath home offers 1,940 sq ft of living space on 0.88 M/L acres, located just 1.5 miles from Lake Norfork. The home features a cozy wood-burning fireplace in the front room, a partial basement, and an attached 1-car garage with two bonus storage rooms. Outside, the property has 3-detached garages, including one with a plumbed living area--perfect for a guest house, workshop, or rental potential. An additional storage building provides even more space for all your needs. Plenty of room for boats, RVs, and recreational vehicles, making this an ideal setup for lake lovers. Whether you're looking for a full-time residence, weekend getaway, or investment property, this one checks all the boxes!Bank Owned selling property AS IS, WHERE IS. 'Arvest employees, directors and their family members are ineligible to purchase Arvest's Bank - owned properties. Property to convey via Special Warranty Deed. '

17. 2026-04-14
    price $89,000 953-char remark

    Show marketing remark (953 chars)

    Country Home Near Lake Norfork!This 3-bedroom, 1-bath home offers 1,940 sq ft of living space on 0.88 M/L acres, located just 1.5 miles from Lake Norfork. The home features a cozy wood-burning fireplace in the front room, a partial basement, and an attached 1-car garage with two bonus storage rooms. Outside, the property has 3-detached garages, including one with a plumbed living area--perfect for a guest house, workshop, or rental potential. An additional storage building provides even more space for all your needs. Plenty of room for boats, RVs, and recreational vehicles, making this an ideal setup for lake lovers. Whether you're looking for a full-time residence, weekend getaway, or investment property, this one checks all the boxes!Bank Owned selling property AS IS, WHERE IS. 'Arvest employees, directors and their family members are ineligible to purchase Arvest's Bank - owned properties. Property to convey via Special Warranty Deed. '

18. 2026-03-30
    listed $99,000 Active 978-char remark

    Show marketing remark (953 chars)

    Country Home Near Lake Norfork!This 3-bedroom, 1-bath home offers 1,940 sq ft of living space on 0.88 M/L acres, located just 1.5 miles from Lake Norfork. The home features a cozy wood-burning fireplace in the front room, a partial basement, and an attached 1-car garage with two bonus storage rooms. Outside, the property has 3-detached garages, including one with a plumbed living area--perfect for a guest house, workshop, or rental potential. An additional storage building provides even more space for all your needs. Plenty of room for boats, RVs, and recreational vehicles, making this an ideal setup for lake lovers. Whether you're looking for a full-time residence, weekend getaway, or investment property, this one checks all the boxes!Bank Owned selling property AS IS, WHERE IS. 'Arvest employees, directors and their family members are ineligible to purchase Arvest's Bank - owned properties. Property to convey via Special Warranty Deed. '

19. 2026-03-30
    listed $99,000 Active 953-char remark

    Show marketing remark (953 chars)

    Country Home Near Lake Norfork!This 3-bedroom, 1-bath home offers 1,940 sq ft of living space on 0.88 M/L acres, located just 1.5 miles from Lake Norfork. The home features a cozy wood-burning fireplace in the front room, a partial basement, and an attached 1-car garage with two bonus storage rooms. Outside, the property has 3-detached garages, including one with a plumbed living area--perfect for a guest house, workshop, or rental potential. An additional storage building provides even more space for all your needs. Plenty of room for boats, RVs, and recreational vehicles, making this an ideal setup for lake lovers. Whether you're looking for a full-time residence, weekend getaway, or investment property, this one checks all the boxes!Bank Owned selling property AS IS, WHERE IS. 'Arvest employees, directors and their family members are ineligible to purchase Arvest's Bank - owned properties. Property to convey via Special Warranty Deed. '

20. 2025-10-24
    price $165,000
21. 2025-10-24
    price $170,000
22. 2025-10-02
    listed $180,000 Active
23. 2025-03-07
    soldstatus

ⓘ 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: $686 · $57/mo
• Projected year-2 tax: $686 · $57/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% 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: $12,267
• − Mortgage interest: −$3,305
• − Property taxes: −$686
• − Insurance: −$295
• − Repairs & maintenance: −$981
• − Management: −$981
• − Depreciation: −$1,716
• Taxable income: $4,303
• Est. tax owed @ 24.0%: −$1,033
• After-tax cash flow: $3,965/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: Bakersfield R-IV
• NCES district ID: 2904140
• Math proficiency: 44% ▼ -3.00%
• Reading proficiency: 40% ▼ -6.00%
• Median HH income: $34,202
• Composite: 37.0/100
• National rank: #9090
• State rank: #285 of 535 in MO

Livability — Gamaliel

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• City population: 564
• Population (ZIP): 65

Population outlook (Ozark County) Hauer SSP2

• Today (2025): 8,561 people
• By 2030: 8,040 · -6.1%
• By 2040: 7,069 · -17.4%
• By 2050: 6,310 · -26.3%
• By 2075: 5,095 · -40.5%
• By 2100: 4,112 · -52.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Two or more races 3%

Political lean MEDSL · Ozark

• 2024 margin: Solid R (+70.0) · D 14.6% · R 84.6%
• 2008→2024 swing: -43.2pp toward R · 2008: -26.8pp · 2024: -70.0pp
• All cycles: 2024: R+70.0 2020: R+68.1 2016: R+64.8 2012: R+40.9 2008: R+26.8

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
▸Retail	1	$681B
▸Food / Agriculture	1	$53B
▸Retail / Energy	1	$22B
▸Transportation / Logistics	1	$12B
▸Energy	1	$4B

Price history

-56.1% since first listed

10 events — show timeline

• 2026-05-12 Price Changed $79,000 MHMLS
• 2026-05-12 Price Changed $79,000 SOMO
• 2026-04-14 Price Changed $89,000 MHMLS
• 2026-04-14 Price Changed $89,000 SOMO
• 2026-03-30 Listed $99,000 SOMO
• 2026-03-30 Listed $99,000 MHMLS
• 2025-10-24 Price Changed $165,000 SOMO
• 2025-10-24 Price Changed $170,000 SOMO
• 2025-10-02 Listed $180,000 SOMO
• 2025-03-07 Sold (Public Records) — Public Records

Property tax history

+5.3%/yr

Latest (2025): $686 · +14.9% YoY. Source: county tax records.