504 Boar Rd · Clinton, AR 72031

$110,000

2 bd · 1.0 ba · 840 sqft · SingleFamily public records · 294 Days on market

Built 1972 8.50 ac lot $131/sqft · 32% below area Est $161k · 32% under ↓ 19% since listing

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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).

• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• Cash flow +9.0/30.0
• Schools +3.7/10.0
• Livability +3.7/5.0
• 1% rule +2.7/10.0
• DSCR +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

8.50 acres just outside city limits with endless potential! No restrictions on this property. There is an existing home site which offers some value, but the land shines with space to build your next home, do your own gardening, raise some animals, or simply enjoy privacy. A 2nd homesite with utilities already in place makes it easy to create your dream retreat while keeping the original structure for storage, a guest space, Airbnb/rental or future project. Close to Choctaw and Greer's Ferry Lake, this property is ideal for a weekend getaway or full-time living. Whether you’re ready to build new or invest for the future, this tract offers flexibility and opportunity! Make your homestead dreams come alive with this affordable property! Seller has never occupied the property- No property disclosure will be provided. No mineral rights convey.

Key facts

• Recreational use
• No restrictions
• 8.50 acre property

Tags

• 8.50 ACRE PROPERTY
• UTILITIES ALREADY IN PLACE
• ROOM FOR GARDENING
• RECREATIONAL USE
• CLOSE TO GREER'S FERRY LAKE
• NO RESTRICTIONS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $-87 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $97k (11.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $85k (22.5% below list).
• Recommended offer: $85k (22.5% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 3.6% in Clinton — 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 74/100 on livability (#15 in AR, #4,397 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, amenities F, commute F.
• Clinton School District (rural): math 46% / reading 45% proficiency, ranked #41 of 238 in AR (top 17%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 100 active listings in the ZIP; 16 units permitted in Van Buren County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $12k of equity ($761 loan paydown + $11k appreciation (10.0% local appreciation)).
• Van Buren County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 4, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 294 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $25k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $85,212 (22.5% below list)

Questions for the listing agent

1. 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?
2. It's been on market 294 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.77% ✗
• Cap rate: 5.34%
• Cash-on-cash: -3.39%
• DSCR: 0.85
• GRM: 10.8

CMA / ARV

• ARV (median comp): $160,824
• List price: $110,000
• Delta: -31.60%
• Verdict: UNDERPRICED
• Comps: 4 within 2.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.9%
• Equity multiple: 2.77×
• Total profit: $54,380
• Equity at exit: $99,097

10-year hold

• IRR: 19.7%
• Equity multiple: 6.34×
• Total profit: $164,524
• Equity at exit: $213,706

Cash invested: $30,800 (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 72031

• Home prices YoY: 5.2%
• Active inventory: 100
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $852 medium
• Mortgage (P&I): −$577
• Tax est. 1.5%: −$138 /mo · $1,650/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$179
• Net cashflow: $-87

Break-even live

Break-even rent $962

Max offer price $97,409

Occupancy floor —

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-19
   days on market $110,000 Active 294 DOM
2. 2026-06-18
   days on market $110,000 Active 293 DOM
3. 2026-06-17
   days on market $110,000 Active 292 DOM
4. 2026-06-16
   days on market $110,000 Active 291 DOM
5. 2026-06-15
   days on market $110,000 Active 290 DOM
6. 2026-06-14
   days on market $110,000 Active 288 DOM
7. 2026-06-12
   days on market $110,000 Active 287 DOM
8. 2026-06-09
   days on market $110,000 Active 284 DOM
9. 2026-06-08
   days on market $110,000 Active 283 DOM
10. 2026-06-07
    days on market $110,000 Active 282 DOM
11. 2026-06-07
    days on market $110,000 Active 281 DOM
12. 2026-06-04
    days on market $110,000 Active 278 DOM
13. 2026-06-02
    days on market $110,000 Active 277 DOM
14. 2026-06-01
    days on market $110,000 Active 276 DOM
15. 2026-05-31
    days on market $110,000 Active 275 DOM
16. 2026-05-31
    days on market $110,000 Active 274 DOM
17. 2026-02-21
    price $110,000 858-char remark

    Show marketing remark (1120 chars)

    Unlock the potential of this 8.50 acre property offering endless opportunities for the right buyer with creativity and vision! The current home is in need of renovation, making it a perfect canvas for remodelers or investors seeking their next project. The existing house has 2 bedrooms and 1 recently remodeled bathroom. It also includes a 2nd homesite away from the main house with utilities already in place—an ideal spot to build your dream home while keeping the original as a guesthouse or rental. With acreage to spread out, the land provides room for gardening, animals, recreational use, or simply enjoying peace and privacy. This property is close to Choctaw and Greer's Ferry Lake and would make a great Weekend getaway. Whether you’re ready to roll up your sleeves for a rewarding rehab or prefer to design and build new, this property offers flexibility, space, and investment potential. No restrictions on this property so Bring your creativity—the possibilities are truly endless! Seller has never occupied the property- No property disclosure will be provided. No mineral rights convey.

18. 2026-02-21
    price $110,000 1120-char remark

    Show marketing remark (1120 chars)

    Unlock the potential of this 8.50 acre property offering endless opportunities for the right buyer with creativity and vision! The current home is in need of renovation, making it a perfect canvas for remodelers or investors seeking their next project. The existing house has 2 bedrooms and 1 recently remodeled bathroom. It also includes a 2nd homesite away from the main house with utilities already in place—an ideal spot to build your dream home while keeping the original as a guesthouse or rental. With acreage to spread out, the land provides room for gardening, animals, recreational use, or simply enjoying peace and privacy. This property is close to Choctaw and Greer's Ferry Lake and would make a great Weekend getaway. Whether you’re ready to roll up your sleeves for a rewarding rehab or prefer to design and build new, this property offers flexibility, space, and investment potential. No restrictions on this property so Bring your creativity—the possibilities are truly endless! Seller has never occupied the property- No property disclosure will be provided. No mineral rights convey.

19. 2025-10-11
    price $120,000 858-char remark

    Show marketing remark (1120 chars)

    Unlock the potential of this 8.50 acre property offering endless opportunities for the right buyer with creativity and vision! The current home is in need of renovation, making it a perfect canvas for remodelers or investors seeking their next project. The existing house has 2 bedrooms and 1 recently remodeled bathroom. It also includes a 2nd homesite away from the main house with utilities already in place—an ideal spot to build your dream home while keeping the original as a guesthouse or rental. With acreage to spread out, the land provides room for gardening, animals, recreational use, or simply enjoying peace and privacy. This property is close to Choctaw and Greer's Ferry Lake and would make a great Weekend getaway. Whether you’re ready to roll up your sleeves for a rewarding rehab or prefer to design and build new, this property offers flexibility, space, and investment potential. No restrictions on this property so Bring your creativity—the possibilities are truly endless! Seller has never occupied the property- No property disclosure will be provided. No mineral rights convey.

20. 2025-10-11
    price $120,000 1120-char remark

    Show marketing remark (1120 chars)

    Unlock the potential of this 8.50 acre property offering endless opportunities for the right buyer with creativity and vision! The current home is in need of renovation, making it a perfect canvas for remodelers or investors seeking their next project. The existing house has 2 bedrooms and 1 recently remodeled bathroom. It also includes a 2nd homesite away from the main house with utilities already in place—an ideal spot to build your dream home while keeping the original as a guesthouse or rental. With acreage to spread out, the land provides room for gardening, animals, recreational use, or simply enjoying peace and privacy. This property is close to Choctaw and Greer's Ferry Lake and would make a great Weekend getaway. Whether you’re ready to roll up your sleeves for a rewarding rehab or prefer to design and build new, this property offers flexibility, space, and investment potential. No restrictions on this property so Bring your creativity—the possibilities are truly endless! Seller has never occupied the property- No property disclosure will be provided. No mineral rights convey.

21. 2025-08-29
    listed $135,000 New Listing 858-char remark

    Show marketing remark (1120 chars)

    Unlock the potential of this 8.50 acre property offering endless opportunities for the right buyer with creativity and vision! The current home is in need of renovation, making it a perfect canvas for remodelers or investors seeking their next project. The existing house has 2 bedrooms and 1 recently remodeled bathroom. It also includes a 2nd homesite away from the main house with utilities already in place—an ideal spot to build your dream home while keeping the original as a guesthouse or rental. With acreage to spread out, the land provides room for gardening, animals, recreational use, or simply enjoying peace and privacy. This property is close to Choctaw and Greer's Ferry Lake and would make a great Weekend getaway. Whether you’re ready to roll up your sleeves for a rewarding rehab or prefer to design and build new, this property offers flexibility, space, and investment potential. No restrictions on this property so Bring your creativity—the possibilities are truly endless! Seller has never occupied the property- No property disclosure will be provided. No mineral rights convey.

22. 2025-08-29
    listed $135,000 New Listing 1120-char remark

    Show marketing remark (1120 chars)

    Unlock the potential of this 8.50 acre property offering endless opportunities for the right buyer with creativity and vision! The current home is in need of renovation, making it a perfect canvas for remodelers or investors seeking their next project. The existing house has 2 bedrooms and 1 recently remodeled bathroom. It also includes a 2nd homesite away from the main house with utilities already in place—an ideal spot to build your dream home while keeping the original as a guesthouse or rental. With acreage to spread out, the land provides room for gardening, animals, recreational use, or simply enjoying peace and privacy. This property is close to Choctaw and Greer's Ferry Lake and would make a great Weekend getaway. Whether you’re ready to roll up your sleeves for a rewarding rehab or prefer to design and build new, this property offers flexibility, space, and investment potential. No restrictions on this property so Bring your creativity—the possibilities are truly endless! Seller has never occupied the property- No property disclosure will be provided. No mineral rights convey.

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,225
• − Mortgage interest: −$6,162
• − Property taxes: −$1,650
• − Insurance: −$550
• − Repairs & maintenance: −$818
• − Management: −$818
• − Depreciation: −$3,200
• Taxable loss: −$2,972
• Est. tax savings @ 24.0%: +$713
• After-tax cash flow: $-331/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: Clinton School District
• NCES district ID: 0504410
• Math proficiency: 46% ▼ -10.00%
• Reading proficiency: 45% ▼ -12.00%
• Median HH income: $32,018
• Composite: 37.34/100
• National rank: #4438
• State rank: #41 of 238 in AR

Livability — Clinton

• Score: 74/100
• State rank: #15
• US rank: #4397

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 7,108

Population outlook (Van Buren County) Hauer SSP2

• Today (2025): 15,459 people
• By 2030: 14,645 · -5.3%
• By 2040: 12,918 · -16.4%
• By 2050: 11,263 · -27.1%
• By 2075: 7,870 · -49.1%
• By 2100: 4,918 · -68.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Hispanic / Latino 5% Two or more races 3%
• Common ancestry: Slovak 4% Serbian 2% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 5%

Political lean MEDSL · Van Buren

• 2024 margin: Solid R (+60.2) · D 18.9% · R 79.0% · Other 2.1%
• 2008→2024 swing: -28.5pp toward R · 2008: -31.7pp · 2024: -60.2pp
• All cycles: 2024: R+60.2 2020: R+56.9 2016: R+53.9 2012: R+39.5 2008: R+31.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 12.08%
• Current HPI: 244.9609
• 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

-18.5% since first listed

6 events — show timeline

• 2026-02-21 Price Changed $110,000 CARMLS
• 2026-02-21 Price Changed $110,000 CARMLS
• 2025-10-11 Price Changed $120,000 CARMLS
• 2025-10-11 Price Changed $120,000 CARMLS
• 2025-08-29 Listed $135,000 CARMLS
• 2025-08-29 Listed $135,000 CARMLS

Property tax history

-12.0%/yr

Latest (2025): $87 · +4.1% YoY. Source: county tax records.