301 Janice St · Jacksonville, AR 72076

$149,900

3 bd · 1.5 ba · 1,282 sqft · SingleFamily public records · 6 Days on market

Built 1968 8,276 sqft lot Est $163k · 8% under

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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 +16.8/30.0
• ARV discount +11.1/15.0
• DSCR +5.2/10.0
• 1% rule +3.6/10.0
• Rent growth +3.3/5.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Fantastic 3 bed 1.5 bath home. This home features lvt, stainless appliances, nice deck, neutral paint and much more. Super clean and move in ready!

Key facts

• 8,276 sq ft lot
• Built 1968
• Listed 6 days

Property features AI

Finance

• Financial info: Financing available: conventional loan or cash

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-family residential zoning
• Construction: Architectural shingle roof; Slab foundation
• Exterior features: Level lot; Road surface: see remarks; Exterior: see remarks

Interior

• Kitchen: Electric range; Dishwasher
• Flooring: Carpet; Vinyl
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Electric central heat; Central cooling
• Interior features: Carpet and vinyl flooring

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $95 ($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 $129k (14.2% below list).
• Recommended offer: $129k (14.2% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 5.0% in Jacksonville — 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 61/100 on livability (#231 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Jacksonville North Pulaski School District (suburban): math 18% / reading 20% proficiency, ranked #211 of 238 in AR (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Joe T. Robinson Middle School (math 40% / reading 49%, grade D, #61 of 201 statewide, top 32%, 544 students, 96% FRL); Joe T. Robinson High School (math 23% / reading 37%, grade F, #138 of 292 statewide, top 48%, 783 students, 24% FRL).
• Zoned-school proficiency averages 37% at this address vs 19% district-wide (+18 pts) — the actual schools serving this property are materially stronger than the Jacksonville North Pulaski School District average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+3.1%/yr); 163 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,006 units permitted in Pulaski County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Pulaski County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 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.
• Current owner paid $65k; list at $150k implies a 131% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $128,579 (14.2% below list)

Questions for the listing agent

1. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
6. 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.
7. 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.
8. 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: 0.86% ✗
• Cap rate: 7.06%
• Cash-on-cash: 2.73%
• DSCR: 1.12
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $162,814
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
301 Janice St	0.00mi	3/1.5	1,282 (0%)	1mo	$153,650	$120	99
202 Spruce St	0.27mi	3/2.0	1,251 (-2%)	6mo	$228,000	$182	76
108 Spruce St	0.24mi	3/2.0	1,159 (-10%)	0mo	$172,934	$149	70
813 Lehman Dr	0.59mi	3/1.5	1,344 (+5%)	3mo	$170,750	$127	62
203 Boston St	0.57mi	3/2.0	1,195 (-7%)	2mo	$173,875	$146	59
32 Ross Cir	0.50mi	3/1.5	1,400 (+9%)	3mo	$95,000	$68	59
305 Smart St	0.57mi	3/1.0	1,200 (-6%)	6mo	$95,000	$79	56
307 Boston St	0.62mi	3/2.0	1,174 (-8%)	2mo	$184,000	$157	53
105 Smart St	0.70mi	3/1.0	1,200 (-6%)	2mo	$125,000	$104	53
600 Sorrells Dr	0.48mi	3/1.5	1,109 (-14%)	4mo	$125,000	$113	52
1117 Sorrells Dr	0.67mi	3/1.5	1,397 (+9%)	4mo	$85,000	$61	50
1507 Pine View Dr	0.53mi	3/2.0	1,456 (+14%)	0mo	$200,000	$137	50

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.07% rent growth · sell at horizon

5-year hold

• IRR: -12.0%
• Equity multiple: 0.57×
• Total profit: $-18,170
• Equity at exit: $22,351

10-year hold

• IRR: -2.8%
• Equity multiple: 0.81×
• Total profit: $-7,828
• Equity at exit: $12,961

Cash invested: $41,972 (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 72076

• Home prices YoY: -30.3%
• Rents YoY: 3.1%
• Active inventory: 163
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,286 high
• Mortgage (P&I): −$786
• Tax from tax record: −$72 /mo · $861/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$270
• Net cashflow: $95

Break-even live

Break-even rent $1,165

Max offer price $149,900

Occupancy floor 88%

Sensitivity live

Price	-10% $180	-5% $138	+0% $95	+5% $53	+10% $11
Rent	-10% $-6	-5% $45	+0% $95	+5% $146	+10% $197
Rate	-1.0pp $171	-0.5pp $134	base $95	+0.5pp $57	+1.0pp $17

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
873 Jane Dr Jacksonville, AR	2.0	1.0	971	$1,050	$1.08	46d	1	0.12mi
212 Wright Cv Jacksonville, AR	3.0	1.5	1326	$1,350	$1.02	25d	1	0.20mi
107 Pike Ave Jacksonville, AR	3.0	1.0	1092	$995	$0.91	46d	1	0.23mi
66 Wright Cir Jacksonville, AR	3.0	2.0	1246	$1,595	$1.28	25d	1	0.27mi
58 Wright Cir Jacksonville, AR	4.0	2.5	1468	$1,450	$0.99	16d	1	0.27mi
1115 Ray Rd Jacksonville, AR	4.0	1.5	1495	$1,495	$1.00	16d	1	0.29mi
1501 Angie Ct Jacksonville, AR	3.0	2.0	1296	$1,595	$1.23	23d	1	0.30mi
1112 Ray Rd Jacksonville, AR	3.0	1.0	1166	$895	$0.77	46d	1	0.32mi
300 Redbud Ct Jacksonville, AR	4.0	2.0	1559	$1,995	$1.28	25d	1	0.33mi
302 Redbud Ct Jacksonville, AR	4.0	2.0	1559	$1,995	$1.28	25d	1	0.33mi
131 Galloway Cir Jacksonville, AR	3.0	1.0	912	$895	$0.98	46d	1	0.34mi
144 Pike Ave Jacksonville, AR	2.0	1.0	1050	$800	$0.76	46d	1	0.35mi
633 Smart St Jacksonville, AR	3.0	1.5	936	$995	$1.06	25d	1	0.36mi
1409 Southern St Jacksonville, AR	3.0	1.0	1050	$1,050	$1.00	46d	1	0.38mi
172 Roosevelt Rd Jacksonville, AR	2.0	1.0	1000	$800	$0.80	23d	1	0.39mi
215 N Elm St Unit 215 Jacksonville, AR	3.0	2.5	1600	$1,475	$0.92	25d	1	0.46mi
609 Sorrells Dr Jacksonville, AR	3.0	1.0	1133	$1,195	$1.05	16d	1	0.46mi
89 Belair Loop Jacksonville, AR	3.0	2.0	1093	$1,450	$1.33	23d	1	0.48mi
130 Joiner Ave Jacksonville, AR	4.0	2.0	1223	$1,550	$1.27	23d	1	0.48mi
428 N Oak St Jacksonville, AR	3.0	1.5	996	$1,325	$1.33	46d	1	0.50mi
197 Roosevelt Rd Jacksonville, AR	3.0	1.0	1300	$1,195	$0.92	21d	1	0.51mi
1301 Liberty Dr Jacksonville, AR	3.0	2.0	1014	$1,295	$1.28	16d	1	0.54mi
105 Victory Cir Jacksonville, AR	4.0	2.0	1157	$1,550	$1.34	46d	1	0.55mi
1811 Neely St Unit 1811 Jacksonville, AR	3.0	1.0	996	$825	$0.83	46d	1	0.56mi
708 Lehman Dr Jacksonville, AR	3.0	1.5	1075	$1,150	$1.07	16d	1	0.57mi
1101 Lehman Dr Jacksonville, AR	3.0	1.5	1344	$1,200	$0.89	16d	1	0.67mi
950 Military Rd Jacksonville, AR	1.0–3.0	1.0–2.0	867	$1,015	$1.17	16d	13	0.67mi
124 Karen Cv Jacksonville, AR	4.0	1.5	1000	$1,050	$1.05	46d	1	0.74mi
622 S Oak St Unit 620 Jacksonville, AR	2.0	1.5	1015	$725	$0.71	25d	1	0.86mi
4 Georgeann Cir Jacksonville, AR	3.0	1.5	1479	$1,250	$0.85	16d	1	0.88mi
714 S Spring St Unit 718 Jacksonville, AR	2.0	2.0	1000	$1,150	$1.15	25d	1	0.89mi
103 Overland Trl Jacksonville, AR	3.0	1.5	960	$1,195	$1.24	21d	1	0.89mi
516 Hill St Jacksonville, AR	3.0	1.5	1380	$1,175	$0.85	46d	1	1.19mi
1024 Colonial Dr Jacksonville, AR	3.0	2.0	1640	$1,400	$0.85	25d	1	1.19mi
7 Davis Ct Jacksonville, AR	3.0	1.5	1080	$925	$0.86	46d	1	1.20mi
712 W Martin St Jacksonville, AR	2.0	1.0	936	$995	$1.06	46d	1	1.25mi
1516 S Bailey St Jacksonville, AR	3.0	2.0	1400	$1,395	$1.00	46d	1	1.28mi
620 Neal St Jacksonville, AR	3.0	1.0	900	$895	$0.99	46d	1	1.29mi
1515 Stamps St Unit 1 Jacksonville, AR	3.0	2.0	1404	$1,395	$0.99	46d	1	1.32mi
815 Ellis St Unit 817 Jacksonville, AR	3.0	2.0	1550	$1,395	$0.90	25d	1	1.39mi

Listing history 5 events

1. 2026-05-19
   status Under Contract
2. 2026-05-19
   status Back on Market
3. 2026-04-13
   status Under Contract
4. 2026-04-07
   listed $149,900 New Listing
5. 2007-02-21
   soldstatus $65,000

ⓘ 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: $861 · $72/mo
• Projected year-2 tax: $959 · $80/mo
• Expected delta: +$99/yr (+$8/mo · 11.4%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 18 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 8% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,429
• − Mortgage interest: −$8,397
• − Property taxes: −$861
• − Insurance: −$750
• − Repairs & maintenance: −$1,234
• − Management: −$1,234
• − Depreciation: −$4,361
• Taxable loss: −$1,407
• Est. tax savings @ 24.0%: +$338
• After-tax cash flow: $1,484/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: Jacksonville North Pulaski School District
• NCES district ID: 0500419
• Math proficiency: 18% ▼ -7.00%
• Reading proficiency: 20% ▼ -5.00%
• Median HH income: $50,869
• Composite: 17.16/100
• National rank: #9110
• State rank: #211 of 238 in AR

Livability — Jacksonville

• Score: 61/100
• State rank: #231
• US rank: #17378

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jacksonville, AR
• County: Pulaski County · 372,764 people
• City population: 38,437
• Metro: Little Rock-North Little Rock-Conway, AR
• Population (ZIP): 38,437
• Household income: $54,379
• Rent vs Own: 46.6% rent · 53.4% own
• Severe rent burden: 1733.0

Population outlook (Pulaski County) Hauer SSP2

• Today (2025): 415,378 people
• By 2030: 423,720 · +2.0%
• By 2040: 435,182 · +4.8%
• By 2050: 440,904 · +6.1%
• By 2075: 445,521 · +7.3%
• By 2100: 419,173 · +0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 47% Black 38% Hispanic / Latino 8% Two or more races 8% Asian 1%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 2% Italian 2% Serbian 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4% Tagalog/Filipino 1%

Political lean MEDSL · Pulaski

• 2024 margin: Strong D (+22.1) · D 59.8% · R 37.7% · Other 2.5%
• 2008→2024 swing: +10.6pp toward D · 2008: 11.6pp · 2024: 22.1pp
• All cycles: 2024: D+22.1 2020: D+22.5 2016: D+17.9 2012: D+11.4 2008: D+11.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -87.51%
• Current HPI: 201.6405
• Rent YoY: ▲ 3.07%
• Metro: Little Rock-North Little Rock-Conway, 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
▸Retail / Energy	1	$22B
▸Transportation / Logistics	1	$12B
▸Energy	1	$4B

Price history

+130.6% since first listed

5 events — show timeline

• 2026-05-19 Pending — CARMLS
• 2026-05-19 Relisted — CARMLS
• 2026-04-13 Pending — CARMLS
• 2026-04-07 Listed $149,900 CARMLS
• 2007-02-21 Sold (Public Records) $65,000 Public Records

Property tax history

+3.6%/yr

Latest (2025): $861 · +8.0% YoY. Source: county tax records.