581 County Road 753 · Jonesboro, AR
Flood risk 1/10 · Minimal
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,499 – $2,785
Heat risk 4/10 · Minor
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 5.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +14.6/15.0
- Cash flow +9.7/30.0
- Appreciation +9.7/10.0
- Schools +3.6/10.0
- Livability +3.2/5.0
- DSCR +2.7/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- 1% rule +1.8/10.0
$295,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Discover 581 CR 753.. .A Charming Cedar Log style Home located in Brookland school district. It sits on 5.25 acres. Nestled down a quiet, peaceful, paved county road, this spacious 5-bedroom, 4-bath property offers the perfect blend of space, privacy, and seclusion, just minutes away from both Jonesboro and Brookland. Enjoy the expansive wrap-around porch with serene views of your sprawling land, complete with a 16x20 workshop, a tranquil pond, and mature shade trees. Inside, you'll find a thoughtfully designed layout that is split over 3 levels that features a complete mother-in-law suite on the lower level, two full kitchens, and all the rustic charm you could desire. This rare home is truly unique and not your typical cookie-cutter property. Sellers are open to trades for those who may need to sell their home first. Don't miss out on this exceptional living experience
Key facts
- Mother-in-law suite
- Wrap-around porch
- 16x20 workshop
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 5-bed/3.0-bath single-family listed at $295k.
Deal economics
- At list price, monthly cash flow is $-194 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $261k (11.6% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $201k (31.7% below list).
- Recommended offer: $201k (31.7% below list) — sets the bar for 1% rule.
- Cap rate 5.5% vs local median 4.4% in Jonesboro — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 65/100 on livability (#145 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D, crime F, amenities 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.
- Market conditions: 152 active listings in the ZIP; solid renter incomes; 926 units permitted in Craighead County in 2024 (69 in 5+ unit buildings).
Forward outlook
- In year one you build about $30k of equity ($2k loan paydown + $28k appreciation (9.4% local appreciation)).
- Craighead County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 2, paydown + projected appreciation supports a ~$48k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 145 days — a 12% lower offer ($260k) is reasonable based on typical stale-listing flexibility.
- 13 sale attempts since 5y 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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 145 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.68% ✗
- Cap rate
- 5.50%
- Cash-on-cash
- -2.82%
- DSCR
- 0.87
- GRM
- 12.2
CMA / ARV
- ARV (median comp)
- $350,000
- List price
- $295,000
- Delta
- -15.71%
- Verdict
- UNDERPRICED
- Comps
- 5 within 1.0 mi
Projected returns pro-forma
9.42% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 21.0%
- Equity multiple
- 2.65×
- Total profit
- $136,527
- Equity at exit
- $253,365
- IRR
- 19.1%
- Equity multiple
- 5.95×
- Total profit
- $408,793
- Equity at exit
- $533,720
Cash invested: $82,600 (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
ZIP-level market 72405
- Home prices YoY
- 3.5%
- Active inventory
- 152
- Price-to-rent
- 12.2×
Monthly cashflow live
- Estimated rent
- $2,014 medium interval (Pro) →
- Mortgage (P&I)
- −$1,547
- Tax from tax record
- −$115 /mo · $1,384/yr
- Insurance
- −$123
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$423
- Net cashflow
- $-194
Break-even live
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
- $73,750
- Closing costs
- $8,850
- 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 41 events
-
2026-01-02$295,000 Active 883-char remark
Show marketing remark (883 chars)
Discover 581 CR 753.. .A Charming Cedar Log style Home located in Brookland school district. It sits on 5.25 acres. Nestled down a quiet, peaceful, paved county road, this spacious 5-bedroom, 4-bath property offers the perfect blend of space, privacy, and seclusion, just minutes away from both Jonesboro and Brookland. Enjoy the expansive wrap-around porch with serene views of your sprawling land, complete with a 16x20 workshop, a tranquil pond, and mature shade trees. Inside, you'll find a thoughtfully designed layout that is split over 3 levels that features a complete mother-in-law suite on the lower level, two full kitchens, and all the rustic charm you could desire. This rare home is truly unique and not your typical cookie-cutter property. Sellers are open to trades for those who may need to sell their home first. Don't miss out on this exceptional living experience
-
2025-12-17soldstatus $285,000 10-char remark
Show marketing remark (10 chars)
5.25 acres
-
2025-12-16soldstatus $285,000 Closed
-
2025-12-01$285,000 10-char remark
Show marketing remark (10 chars)
5.25 acres
-
2025-10-30$299,900 Active
-
2025-10-10historical
-
2025-09-15status Active
-
2025-07-10historical
-
2025-05-16price $299,900
-
2025-05-07price $334,000
-
2025-04-16$350,000 Active
-
2025-03-26price $334,900
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2024-12-27$349,900 Active
-
2022-11-08soldstatus $305,000
-
2022-11-07soldstatus $305,000 Sold
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2022-11-07soldstatus $305,000
-
2022-10-08status Under Contract
-
2022-09-28$320,000 New Listing
-
2022-09-28$320,000
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2022-09-21historical
-
2022-09-09price $310,000
-
2022-09-03price $315,000
-
2022-08-29price $326,000
-
2022-08-22price $328,500
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2022-08-02price $330,000
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2022-07-29price $335,000
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2022-07-25$310,000
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2022-07-25$340,000 New Listing
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2022-02-08soldstatus $305,000
-
2022-02-07soldstatus $305,000 Sold
-
2022-02-07soldstatus $305,000
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2022-01-07status Under Contract
-
2021-12-19historical Take Backups
-
2021-11-15price $299,900
-
2021-10-20price $305,900
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2021-10-20status Price Change
-
2021-10-09historical Escape Clause
-
2021-10-03status Under Contract
-
2021-09-15$309,900 New Listing
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2021-09-15$299,900
-
2015-08-19soldstatus $130,000
ⓘ 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
- $1,384 · $115/mo
- Projected year-2 tax
- $1,888 · $157/mo
- Expected delta
- +$504/yr (+$42/mo · 36.4%)
ⓘ 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 · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 4/10 Moderate 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
- Wind 3/10 Moderate 5% 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,170
- − Mortgage interest
- −$16,525
- − Property taxes
- −$1,384
- − Insurance
- −$1,475
- − Repairs & maintenance
- −$1,934
- − Management
- −$1,934
- − Depreciation
- −$8,582
- Taxable loss
- −$7,663
- Est. tax savings @ 24.0%
- +$1,839
- After-tax cash flow
- $-490/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 — Jonesboro
- Score
- 65/100
- State rank
- #145
- US rank
- #12692
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Craighead County · 97,185 people
- City population
- 91,245
- Metro
- Jonesboro, AR
- Population (ZIP)
- 18,675
- Household income
- $92,440
- Rent vs Own
- Severe rent burden
- 443.0
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 (78%)
- Race & ethnicity
- White 78% Two or more races 10% Black 9% Hispanic / Latino 3% Asian 1%
- Common ancestry
- Slovak 2% Italian 1% Serbian 1%
- Foreign-born
- 4% · Canada
- Languages at home
- 93% English-only · Spanish 4% Arabic 1%
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
- ▲ 9.42%
- Current HPI
- 277.37
- 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 |
|---|---|---|
| Retail | 1 | $681B |
|
||
| Food / Agriculture | 1 | $53B |
|
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| Retail / Energy | 1 | $22B |
|
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| Transportation / Logistics | 1 | $12B |
|
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| Energy | 1 | $4B |
|
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Price history
+126.9% since first listed41 events — show timeline
- 2026-01-02 Listed $295,000 NEABOR MLS
- 2025-12-17 Sold (MLS) $285,000 CARMLS
- 2025-12-16 Sold (MLS) $285,000 NEABOR MLS
- 2025-12-01 Listed $285,000 CARMLS
- 2025-10-30 Listed $299,900 NEABOR MLS
- 2025-10-10 Delisted — NEABOR MLS
- 2025-09-15 Relisted — NEABOR MLS
- 2025-07-10 Delisted — NEABOR MLS
- 2025-05-16 Price Changed $299,900 NEABOR MLS
- 2025-05-07 Price Changed $334,000 NEABOR MLS
- 2025-04-16 Listed $350,000 NEABOR MLS
- 2025-03-26 Price Changed $334,900 NEABOR MLS
- 2024-12-27 Listed $349,900 NEABOR MLS
- 2022-11-08 Sold (Public Records) $305,000 Public Records
- 2022-11-07 Sold (MLS) $305,000 NEABOR MLS
- 2022-11-07 Sold (MLS) $305,000 CARMLS
- 2022-10-08 Pending — CARMLS
- 2022-09-28 Listed $320,000 NEABOR MLS
- 2022-09-28 Listed $320,000 CARMLS
- 2022-09-21 Listing Removed — CARMLS
- 2022-09-09 Price Changed $310,000 CARMLS
- 2022-09-03 Price Changed $315,000 CARMLS
- 2022-08-29 Price Changed $326,000 CARMLS
- 2022-08-22 Price Changed $328,500 CARMLS
- 2022-08-02 Price Changed $330,000 CARMLS
- 2022-07-29 Price Changed $335,000 CARMLS
- 2022-07-25 Listed $340,000 CARMLS
- 2022-07-25 Listed $310,000 NEABOR MLS
- 2022-02-08 Sold (Public Records) $305,000 Public Records
- 2022-02-07 Sold (MLS) $305,000 NEABOR MLS
- 2022-02-07 Sold (MLS) $305,000 CARMLS
- 2022-01-07 Pending — CARMLS
- 2021-12-19 Contingent — CARMLS
- 2021-11-15 Price Changed $299,900 CARMLS
- 2021-10-20 Price Changed $305,900 CARMLS
- 2021-10-20 Relisted — CARMLS
- 2021-10-09 Contingent — CARMLS
- 2021-10-03 Pending — CARMLS
- 2021-09-15 Listed $299,900 NEABOR MLS
- 2021-09-15 Listed $309,900 CARMLS
- 2015-08-19 Sold (Public Records) $130,000 Public Records
Property tax history
+8.1%/yrLatest (2025): $1,384 · +0.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…