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303 Western Auto Rd
B- Composite 67.22
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
  • Livability +3.1/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.7/10.0
  • Appreciation +0.0/10.0

$29,000

303 Western Auto Rd · West Crossett, AR 71635
3 bd · 1.0 ba · 1,032 sqft · SingleFamily public records · 32 Days on market
Built 1962 0.73 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Bring your toolbelt! Opportunity awaits on this 3-bedroom, 1-bath fixer-upper situated on two spacious lots totaling approximately 0.73 acres. With plenty of room to expand, garden, or create your dream outdoor space, this property offers endless potential for investors, flippers, or buyers looking to add their personal touch. The home features a functional layout and solid footprint ready for renovation and updates. Enjoy the privacy and extra space rarely found at this price point. Whether you’re searching for your next project or a property with room to grow, this one is full of possibilities.

Key facts

  • Two spacious lots
  • Functional layout
  • Solid footprint

Tags

TWO SPACIOUS LOTSFUNCTIONAL LAYOUTSOLID FOOTPRINTEXTRA SPACE

Property features AI

Finance

  • Other: Approximately 0.73 acres (approx. 30,692 sq. ft.); Approximate living area reported as 1,032

Exterior

  • Parking: Carport for 1 car; Road access via paved and gravel surfaces
  • Utilities: Utilities listed as other (see remarks)
  • Home design: Wood exterior
  • Construction: Crawl space foundation; Metal roof
  • Exterior features: Screened porch; Level, cleared corner lot; Not in a subdivision; Inside city limits

Interior

  • Kitchen: Electric range; Refrigerator included
  • Flooring: Laminate flooring; Carpet
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Window air conditioning units
  • Interior features: Washer connection; Dryer connection (electric); Electric water heater
  • Laundry & utility: Laundry room

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 3-bed/1.0-bath single-family listed at $29k.

Deal economics

  • At list price, monthly cash flow is $552 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($952 rent vs $29k).
  • Recommended offer: $28k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 61/100 on livability (#230 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime B+, housing B+; Watch: health & safety D, schools F, amenities F.
  • Crossett School District (town): math 19% / reading 21% proficiency, ranked #213 of 238 in AR (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: 56 active listings in the ZIP.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $200 of loan paydown is wiped out by about $870 of value loss. Plan a longer hold.
  • Ashley County population projected at -30% 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 $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 32 days — a 3% lower offer ($28k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $10k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $23k; 26% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 53% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $28,130 (3.0% below list)

Questions for the listing agent

  1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. 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
3.28%
Cap rate
29.13%
Cash-on-cash
81.56%
DSCR
4.63
GRM
2.5

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
81.8%
Equity multiple
4.75×
Total profit
$30,465
Equity at exit
$4,324
10-year hold
IRR
85.2%
Equity multiple
9.85×
Total profit
$71,847
Equity at exit
$2,507

Cash invested: $8,120 (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 71635

Home prices YoY
-30.4%
Active inventory
56
Price-to-rent
2.5×

Monthly cashflow live

Estimated rent
$952 medium interval (Pro) →
Mortgage (P&I)
$152
Tax est. 1.5%
$36 /mo · $435/yr
Insurance
$12
HOA
$0
Vacancy / Maint / Mgmt
$200
Net cashflow
$552

Break-even live

Break-even rent $254
Max offer price $29,000
Occupancy floor 37%

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
$7,250
Closing costs
$870
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 19 events

  1. 2026-06-19
    days on market $29,000 Active 32 DOM
  2. 2026-06-18
    days on market $29,000 Active 31 DOM
  3. 2026-06-17
    statusdays on market $29,000 Active 30 DOM
  4. 2026-06-16
    days on market $29,000 Price Change 29 DOM
  5. 2026-06-15
    days on market $29,000 Price Change 28 DOM
  6. 2026-06-14
    days on market $29,000 Price Change 26 DOM
  7. 2026-06-12
    pricestatusdays on market $29,000 Price Change 25 DOM
  8. 2026-06-09
    days on market $39,000 Active 22 DOM
  9. 2026-06-08
    days on market $39,000 Active 21 DOM
  10. 2026-06-07
    days on market $39,000 Active 20 DOM
  11. 2026-06-05
    days on market $39,000 Active 18 DOM
  12. 2026-06-04
    days on market $39,000 Active 16 DOM
  13. 2026-06-02
    days on market $39,000 Active 15 DOM
  14. 2026-06-01
    days on market $39,000 Active 14 DOM
  15. 2026-05-31
    days on market $39,000 Active 13 DOM
  16. 2026-05-31
    days on market $39,000 Active 12 DOM
  17. 2026-05-15
    listed $39,000 Active 609-char remark
    Show marketing remark (609 chars)

    Bring your toolbelt! Opportunity awaits on this 3-bedroom, 1-bath fixer-upper situated on two spacious lots totaling approximately 0.73 acres. With plenty of room to expand, garden, or create your dream outdoor space, this property offers endless potential for investors, flippers, or buyers looking to add their personal touch. The home features a functional layout and solid footprint ready for renovation and updates. Enjoy the privacy and extra space rarely found at this price point. Whether you’re searching for your next project or a property with room to grow, this one is full of possibilities.

  18. 2026-05-15
    listed $39,000 New Listing
    Show marketing remark (609 chars)

    Bring your toolbelt! Opportunity awaits on this 3-bedroom, 1-bath fixer-upper situated on two spacious lots totaling approximately 0.73 acres. With plenty of room to expand, garden, or create your dream outdoor space, this property offers endless potential for investors, flippers, or buyers looking to add their personal touch. The home features a functional layout and solid footprint ready for renovation and updates. Enjoy the privacy and extra space rarely found at this price point. Whether you’re searching for your next project or a property with room to grow, this one is full of possibilities.

  19. 1998-02-11
    soldstatus $23,000

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 53% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$11,427
− Mortgage interest
−$1,624
− Property taxes
−$435
− Insurance
−$145
− Repairs & maintenance
−$914
− Management
−$914
− Depreciation
−$844
Taxable income
$6,551
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,572
After-tax cash flow
$5,050/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
Crossett School District
NCES district ID
0504800
Math proficiency
19% ▼ -16.00%
Reading proficiency
21% ▼ -10.00%
Median HH income
$37,682
Composite
16.73/100
National rank
#9162
State rank
#213 of 238 in AR

Livability — West Crossett

Score
61/100
State rank
#230
US rank
#17362

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
West Crossett, AR
City population
10,368
Population (ZIP)
10,368

Population outlook (Ashley County) Hauer SSP2

Today (2025)
18,757 people
By 2030
17,541 · -6.5%
By 2040
15,243 · -18.7%
By 2050
13,136 · -30.0%
By 2075
8,901 · -52.5%
By 2100
5,626 · -70.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (67%)
Race & ethnicity
White 67% Black 28% Hispanic / Latino 2% Two or more races 2%
Common ancestry
Slovak 1% Italian 1% Lithuanian 1%
Foreign-born
0% · Canada
Languages at home
98% English-only · Spanish 1%

Political lean MEDSL · Ashley

2024 margin
Solid R (+48.0) · D 25.2% · R 73.2% · Other 1.6%
2008→2024 swing
-19.9pp toward R · 2008: -28.1pp · 2024: -48.0pp
All cycles
2024: R+48.0 2020: R+43.2 2016: R+36.5 2012: R+25.4 2008: R+28.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -54.73%
Current HPI
125.616
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

+69.6% since first listed
3 events — show timeline
  • 2026-05-15 Listed $39,000 CARMLS
  • 2026-05-15 Listed $39,000 NWARMLS
  • 1998-02-11 Sold (Public Records) $23,000 Public Records

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…