824 E 8th St · Rector, AR 72461

$99,000

3 bd · 3.0 ba · 2,949 sqft · SingleFamily public records · 141 Days on market

Built 1990 10,018 sqft lot $34/sqft · 47% below area Est $186k · 47% under

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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 +26.7/30.0
• ARV discount +15.0/15.0
• DSCR +9.2/10.0
• 1% rule +7.1/10.0
• Appreciation +5.0/10.0
• Livability +3.3/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Real Estate Listing: Charming Brick and Frame Home at the Edge of Town Location: Quiet edge-of-town neighborhood, offering the perfect blend of tranquility and accessibility. Property Overview: This charming brick and frame home features a spacious layout with a screened porch and ample parking options. With two bedrooms conveniently located on the same level, this home is ideal for families or anyone seeking single-level living. Key Features: Bedrooms: 2 Bedrooms on the same level Bathrooms: 1 Full Bathroom and 1 Additional fullBathroom Living Space: Separate dining room with a breakfast bar Kitchen: Electric Range Double Oven Dishwasher Refrigerator Included Pantry for extra storage Additional Rooms: Great room perfect for entertaining Office/Study area Laundry room with washer connection Outdoor Spaces: Screened porch for enjoying warm evenings Front porch for relaxing outdoors Parking: Two-car parking pads HVAC: Central electric heating and cooling Insulation & Efficiency: Insulated windows and doors Extra insulation for energy efficiency Ridge vents for improved ventilation High-efficiency HVAC system Utilities: Public water and sewer services Natural gas available Addition

Key facts

• Office study area
• Electric range
• Laundry room

Tags

• SCREENED PORCH
• FRONT PORCH
• GREAT ROOM
• OFFICE STUDY AREA
• LAUNDRY ROOM
• ELECTRIC RANGE

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $268 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $99k).
• Recommended offer: $87k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#120 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: schools D-, amenities F, commute F.
• Rector School District (rural): math 35% / reading 27% proficiency, ranked #149 of 238 in AR (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 37 active listings in the ZIP; 4 units permitted in Clay County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($684 loan paydown + $3k appreciation (3.0% local appreciation)).
• Clay County population projected at -24% 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 $28k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 141 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y 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.
• Current owner paid $28k; list at $99k implies a 254% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 141 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.21% ✓
• Cap rate: 9.54%
• Cash-on-cash: 11.59%
• DSCR: 1.52
• GRM: 6.9

CMA / ARV

• ARV (median comp): $185,799
• List price: $99,000
• Delta: -46.72%
• Verdict: UNDERPRICED
• Comps: 5 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 18.4%
• Equity multiple: 2.05×
• Total profit: $28,997
• Equity at exit: $44,515

10-year hold

• IRR: 19.7%
• Equity multiple: 3.86×
• Total profit: $79,357
• Equity at exit: $68,602

Cash invested: $27,720 (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 72461

• Active inventory: 37
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,198 medium
• Mortgage (P&I): −$519
• Tax from tax record: −$118 /mo · $1,415/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$252
• Net cashflow: $268

Break-even live

Break-even rent $859

Max offer price $99,000

Occupancy floor 73%

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-19
   days on market $99,000 Active 141 DOM
2. 2026-06-18
   days on market $99,000 Active 140 DOM
3. 2026-06-17
   days on market $99,000 Active 139 DOM
4. 2026-06-16
   days on market $99,000 Active 138 DOM
5. 2026-06-15
   days on market $99,000 Active 137 DOM
6. 2026-06-14
   days on market $99,000 Active 135 DOM
7. 2026-06-12
   days on market $99,000 Active 134 DOM
8. 2026-06-09
   days on market $99,000 Active 131 DOM
9. 2026-06-08
   days on market $99,000 Active 130 DOM
10. 2026-06-07
    days on market $99,000 Active 129 DOM
11. 2026-06-05
    days on market $99,000 Active 126 DOM
12. 2026-06-03
    days on market $99,000 Active 125 DOM
13. 2026-06-02
    days on market $99,000 Active 124 DOM
14. 2026-06-01
    days on market $99,000 Active 123 DOM
15. 2026-05-31
    days on market $99,000 Active 122 DOM
16. 2026-05-30
    days on market $99,000 Active 121 DOM
17. 2026-01-29
    price $99,000
18. 2026-01-29
    historical
19. 2026-01-27
    listed $99,000 New Listing 1204-char remark

    Show marketing remark (1204 chars)

    Real Estate Listing: Charming Brick and Frame Home at the Edge of Town Location: Quiet edge-of-town neighborhood, offering the perfect blend of tranquility and accessibility. Property Overview: This charming brick and frame home features a spacious layout with a screened porch and ample parking options. With two bedrooms conveniently located on the same level, this home is ideal for families or anyone seeking single-level living. Key Features: Bedrooms: 2 Bedrooms on the same level Bathrooms: 1 Full Bathroom and 1 Additional fullBathroom Living Space: Separate dining room with a breakfast bar Kitchen: Electric Range Double Oven Dishwasher Refrigerator Included Pantry for extra storage Additional Rooms: Great room perfect for entertaining Office/Study area Laundry room with washer connection Outdoor Spaces: Screened porch for enjoying warm evenings Front porch for relaxing outdoors Parking: Two-car parking pads HVAC: Central electric heating and cooling Insulation & Efficiency: Insulated windows and doors Extra insulation for energy efficiency Ridge vents for improved ventilation High-efficiency HVAC system Utilities: Public water and sewer services Natural gas available Addition

20. 2025-09-08
    price $205,000
21. 2025-09-02
    status Back on Market
22. 2025-09-01
    historical
23. 2024-08-01
    listed $210,000 New Listing
24. 2010-06-21
    soldstatus $28,000
25. 2010-04-28
    soldstatus $23,921

ⓘ 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: $1,415 · $118/mo
• Projected year-2 tax: $1,415 · $118/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 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 8% 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: $14,372
• − Mortgage interest: −$5,546
• − Property taxes: −$1,415
• − Insurance: −$495
• − Repairs & maintenance: −$1,150
• − Management: −$1,150
• − Depreciation: −$2,880
• Taxable income: $1,737
• Est. tax owed @ 24.0%: −$417
• After-tax cash flow: $2,797/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: Rector School District
• NCES district ID: 0504370
• Math proficiency: 35% ▼ -12.00%
• Reading proficiency: 27% ▼ -5.00%
• Median HH income: $36,504
• Composite: 25.78/100
• National rank: #7366
• State rank: #149 of 238 in AR

Livability — Rector

• Score: 66/100
• State rank: #120
• US rank: #11481

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rector, AR
• Population (ZIP): 3,684

Population outlook (Clay County) Hauer SSP2

• Today (2025): 13,564 people
• By 2030: 12,834 · -5.4%
• By 2040: 11,498 · -15.2%
• By 2050: 10,325 · -23.9%
• By 2075: 8,228 · -39.3%
• By 2100: 6,675 · -50.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 5%
• Common ancestry: Portuguese 3% Scotch-Irish 1% Slovak 1%

Political lean MEDSL · Clay

• 2024 margin: Solid R (+61.6) · D 18.3% · R 79.9% · Other 1.9%
• 2008→2024 swing: -47.3pp toward R · 2008: -14.3pp · 2024: -61.6pp
• All cycles: 2024: R+61.6 2020: R+60.3 2016: R+29.8 2012: R+29.1 2008: R+14.3

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

+313.9% since first listed

9 events — show timeline

• 2026-01-29 Price Changed $99,000 CARMLS
• 2026-01-29 Listing Removed — CARMLS
• 2026-01-27 Listed $99,000 CARMLS
• 2025-09-08 Price Changed $205,000 CARMLS
• 2025-09-02 Relisted — CARMLS
• 2025-09-01 Listing Removed — CARMLS
• 2024-08-01 Listed $210,000 CARMLS
• 2010-06-21 Sold (Public Records) $28,000 Public Records
• 2010-04-28 Sold (Public Records) $23,921 Public Records

Property tax history

+12.4%/yr

Latest (2025): $1,415 · +22.5% YoY. Source: county tax records.