308 SW 6th St · Walnut Ridge, AR 72476

$100,000

2 bd · 1.0 ba · 1,011 sqft · SingleFamily public records · 49 Days on market

$99/sqft · 17% above area Est $85k · 17% over

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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).

• Cash flow +26.5/30.0
• DSCR +9.1/10.0
• Appreciation +6.9/10.0
• 1% rule +6.1/10.0
• 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

Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops , a gas cook stove and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof.

Key facts

• New countertops
• Electric fireplace
• Gas cook stove

Tags

• ELECTRIC FIREPLACE
• NEW LAMINATE FLOORING
• NEW COUNTERTOPS
• GAS COOK STOVE
• ISLAND WITH BAR STOOLS
• NEW HVAC SYSTEM

Property features AI

Finance

• Financial info: Financing options include VA, FHA, conventional, cash, Rural Development, and in-house financing

Exterior

• Parking: 1-car carport
• Utilities: Public sewer; Public water; Natural gas
• Home design: Brick exterior
• Construction: Architectural shingle roof; Other foundation (see remarks)
• Exterior features: Level lot; Paved road access; Inside city limits

Interior

• Kitchen: Refrigerator stays
• Flooring: Wood floors
• Bathrooms: 1 full bathroom
• Heating & cooling: Central electric cooling
• Interior features: Ceiling fan(s)

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $265 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $97k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.5% 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: 55 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 $5k of equity ($691 loan paydown + $4k 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 $28k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 8, 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 49 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 8y ago; this cycle's ask has dropped $20k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $97,000 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 1.11% ✓
• Cap rate: 9.48%
• Cash-on-cash: 11.37%
• DSCR: 1.51
• GRM: 7.5

CMA / ARV

• ARV (median comp): $85,445
• List price: $100,000
• Delta: 17.03%
• 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
417 W Free St	0.15mi	2/1.0	966 (-4%)	13mo	$85,000	$88	75
620 W Main St	0.19mi	2/1.0	1,141 (+13%)	2mo	$85,251	$75	68
204 SE 4th St E	0.60mi	2/1.0	1,004 (-1%)	4mo	$75,000	$75	68
320 Kentucky St	0.67mi	2/1.0	1,022 (+1%)	4mo	$20,000	$20	63
208 NE Front	0.47mi	2/1.0	900 (-11%)	2mo	$54,000	$60	58
214 Virginia St	0.59mi	2/1.0	1,022 (+1%)	16mo	$5,000	$5	58
210 NE Front St	0.47mi	3/2.0 (+1)	1,070 (+6%)	4mo	$151,000	$141	56
212 NE Front St	0.49mi	3/2.0 (+1)	1,070 (+6%)	4mo	$151,000	$141	55
415 NW 3rd St	0.45mi	2/2.0	936 (-7%)	12mo	$123,500	$132	53
414 NE 4th St	0.74mi	3/1.0 (+1)	896 (-11%)	2mo	$69,900	$78	40
213 SE 4th St	0.61mi	3/1.0 (+1)	1,100 (+9%)	15mo	$142,000	$129	39
106 NE Carolina St	0.74mi	2/2.0	1,104 (+9%)	13mo	$155,000	$140	36

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: 20.0%
• Equity multiple: 2.19×
• Total profit: $33,307
• Equity at exit: $49,637

10-year hold

• IRR: 20.6%
• Equity multiple: 4.20×
• Total profit: $89,614
• Equity at exit: $80,347

Cash invested: $28,000 (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: 55
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,114 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$48 /mo · $580/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$234
• Net cashflow: $265

Break-even live

Break-even rent $778

Max offer price $100,000

Occupancy floor 71%

Sensitivity live

Price	-10% $322	-5% $294	+0% $265	+5% $237	+10% $209
Rent	-10% $177	-5% $221	+0% $265	+5% $309	+10% $353
Rate	-1.0pp $316	-0.5pp $291	base $265	+0.5pp $239	+1.0pp $213

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Listing history 48 events

1. 2026-06-19
   days on market $100,000 Active 49 DOM
2. 2026-06-18
   days on market $100,000 Active 48 DOM
3. 2026-06-17
   days on market $100,000 Active 47 DOM
4. 2026-06-16
   days on market $100,000 Active 46 DOM
5. 2026-06-15
   statusdays on market $100,000 Active 45 DOM
6. 2026-06-14
   days on market $100,000 Price Change 43 DOM
7. 2026-06-12
   days on market $100,000 Price Change 42 DOM
8. 2026-06-09
   days on market $100,000 Price Change 39 DOM
9. 2026-06-09
   pricestatus $100,000 Price Change 38 DOM
10. 2026-06-08
    days on market $117,500 Active 38 DOM
11. 2026-06-07
    days on market $117,500 Active 37 DOM

    Show marketing remark (484 chars)

    Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops , a gas cook stove and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof.

12. 2026-06-07
    days on market $117,500 Active 36 DOM

    Show marketing remark (484 chars)

    Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops , a gas cook stove and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof.

13. 2026-06-04
    days on market $117,500 Active 33 DOM
14. 2026-06-02
    days on market $117,500 Active 32 DOM
15. 2026-06-01
    days on market $117,500 Active 31 DOM
16. 2026-05-31
    days on market $117,500 Active 30 DOM
17. 2026-05-31
    days on market $117,500 Active 29 DOM
18. 2026-05-19
    price $117,500 484-char remark
19. 2026-05-07
    price $117,500 484-char remark

    Show marketing remark (484 chars)

    Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops , a gas cook stove and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof.

20. 2026-04-07
    listed $119,900 Active 484-char remark

    Show marketing remark (484 chars)

    Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops , a gas cook stove and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof.

21. 2026-04-06
    listed $119,900 New Listing 484-char remark
22. 2025-03-27
    historical $800
23. 2025-03-25
    listed $800
24. 2024-12-10
    soldstatus $100,000
25. 2024-11-26
    soldstatus $100,000 Closed

    Show marketing remark (527 chars)

    Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops, a gas cookstove, and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof. The refrigerator will convey with the home.

26. 2024-11-26
    soldstatus $100,000 Sold

    Show marketing remark (527 chars)

    Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops, a gas cookstove, and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof. The refrigerator will convey with the home.

27. 2024-11-15
    historical

    Show marketing remark (527 chars)

    Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops, a gas cookstove, and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof. The refrigerator will convey with the home.

28. 2024-11-14
    status Under Contract
29. 2024-10-08
    price $110,000
30. 2024-10-07
    price $110,000

    Show marketing remark (527 chars)

    Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops, a gas cookstove, and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof. The refrigerator will convey with the home.

31. 2024-09-13
    price $119,900
32. 2024-09-13
    price $199,900
33. 2024-09-12
    price $119,900

    Show marketing remark (527 chars)

    Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops, a gas cookstove, and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof. The refrigerator will convey with the home.

34. 2024-08-27
    listed $124,900 New Listing
35. 2024-08-23
    listed $124,900 Active

    Show marketing remark (527 chars)

    Step into this beautifully updated home that perfectly blends comfort and style. The living room features a cozy electric fireplace and new laminate flooring, creating a warm and inviting space. The kitchen has new countertops, a gas cookstove, and an island with bar stools, making it perfect for entertaining. Recent upgrades include a new HVAC system in 2021 and a new roof in 2022. The exterior boasts freshly painted brick, a new storm door, and an outdoor shed with a new roof. The refrigerator will convey with the home.

36. 2023-06-05
    soldstatus $95,000
37. 2023-06-02
    soldstatus $95,000 Closed
38. 2023-06-02
    soldstatus $95,000 Sold
39. 2023-04-24
    status Under Contract
40. 2023-04-10
    listed $95,000 Active
41. 2023-04-10
    listed $95,000 New Listing
42. 2019-03-15
    soldstatus $35,000
43. 2019-03-15
    soldstatus $35,000
44. 2018-11-01
    listed $42,500
45. 2018-08-01
    listed $45,000
46. 2018-05-30
    listed $49,000
47. 2009-09-03
    soldstatus $47,000
48. 2004-06-14
    soldstatus $21,000

ⓘ 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: $580 · $48/mo
• Projected year-2 tax: $640 · $53/mo
• Expected delta: +$60/yr (+$5/mo · 10.3%)

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

Taxation est. · year 1

• Rental income: $13,363
• − Mortgage interest: −$5,602
• − Property taxes: −$580
• − Insurance: −$500
• − Repairs & maintenance: −$1,069
• − Management: −$1,069
• − Depreciation: −$2,909
• Taxable income: $1,634
• Est. tax owed @ 24.0%: −$392
• After-tax cash flow: $2,792/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

+376.2% since first listed

33 events — show timeline

• 2026-06-08 Price Changed $100,000 CARMLS
• 2026-06-07 Price Changed $100,000 NEABOR MLS
• 2026-05-19 Price Changed $117,500 CARMLS
• 2026-05-07 Price Changed $117,500 NEABOR MLS
• 2026-04-07 Listed $119,900 NEABOR MLS
• 2026-04-06 Listed $119,900 CARMLS
• 2025-03-27 Rental Removed $800 BUILDIUM
• 2025-03-25 Listed for Rent $800 BUILDIUM
• 2024-12-10 Sold (Public Records) $100,000 Public Records
• 2024-11-26 Sold (MLS) $100,000 CARMLS
• 2024-11-26 Sold (MLS) $100,000 NEABOR MLS
• 2024-11-15 Delisted — NEABOR MLS
• 2024-11-14 Pending — CARMLS
• 2024-10-08 Price Changed $110,000 CARMLS
• 2024-10-07 Price Changed $110,000 NEABOR MLS
• 2024-09-13 Price Changed $119,900 CARMLS
• 2024-09-13 Price Changed $199,900 CARMLS
• 2024-09-12 Price Changed $119,900 NEABOR MLS
• 2024-08-27 Listed $124,900 CARMLS
• 2024-08-23 Listed $124,900 NEABOR MLS
• 2023-06-05 Sold (Public Records) $95,000 Public Records
• 2023-06-02 Sold (MLS) $95,000 CARMLS
• 2023-06-02 Sold (MLS) $95,000 NEABOR MLS
• 2023-04-24 Pending — CARMLS
• 2023-04-10 Listed $95,000 CARMLS
• 2023-04-10 Listed $95,000 NEABOR MLS
• 2019-03-15 Sold (Public Records) $35,000 Public Records
• 2019-03-15 Sold (MLS) $35,000 NEABOR MLS
• 2018-11-01 Listed $42,500 NEABOR MLS
• 2018-08-01 Listed $45,000 NEABOR MLS
• 2018-05-30 Listed $49,000 NEABOR MLS
• 2009-09-03 Sold (Public Records) $47,000 Public Records
• 2004-06-14 Sold (Public Records) $21,000 Public Records

Property tax history

+41.5%/yr

Latest (2025): $580 · +0.0% YoY. Source: county tax records.