1115 SE Front St · Walnut Ridge, AR 72476

$35,000

3 bd · 1.5 ba · 1,404 sqft · SingleFamily public records · 14 Days on market

Built 1984

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +6.9/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks

Single family home, two bedrooms with full bathroom, living room and kitchen in the front. Side add-on of a second living room, large bedroom and half bath.

Key facts

• Built 1984
• Listed 14 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $764 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Cap rate 32.5% 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: schools F, crime F, amenities 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.
• 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 $2k of equity ($242 loan paydown + $1k 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 $10k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $35,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 3.64% ✓
• Cap rate: 32.48%
• Cash-on-cash: 93.51%
• DSCR: 5.16
• GRM: 2.3

CMA / ARV

• ARV (on-the-fly): $124,956
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1259 Midway Rd	0.26mi	3/2.0	1,444 (+3%)	7mo	$158,000	$109	76
1006 SE 3rd	0.18mi	3/2.0	1,288 (-8%)	2mo	$80,000	$62	74
720 Florida St	0.26mi	3/2.0	1,280 (-9%)	9mo	$108,000	$84	64
1038 Midway Rd	0.52mi	3/1.5	1,296 (-8%)	9mo	$115,000	$89	55
407 SE 2nd St	0.57mi	3/2.5	1,474 (+5%)	9mo	$128,000	$87	54
1108 Midway Rd	0.45mi	2/2.0 (-1)	1,458 (+4%)	16mo	$130,000	$89	52
1176 Midway Rd	0.38mi	2/1.5 (-1)	1,234 (-12%)	6mo	$174,800	$142	52
419 E Georgia St E	0.33mi	4/2.0 (+1)	1,574 (+12%)	16mo	$154,000	$98	44
809 SE 7th St	0.74mi	3/1.0	1,274 (-9%)	8mo	$47,500	$37	42
1066 Midway	0.50mi	3/1.5	1,212 (-14%)	15mo	$155,000	$128	41
126 Georgia Dr	0.39mi	2/1.0 (-1)	1,218 (-13%)	18mo	$77,900	$64	38
311 SE Front St SE	0.66mi	3/2.0	1,210 (-14%)	14mo	$117,500	$97	32

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: 98.3%
• Equity multiple: 6.55×
• Total profit: $54,412
• Equity at exit: $17,373

10-year hold

• IRR: 97.4%
• Equity multiple: 13.63×
• Total profit: $123,730
• Equity at exit: $28,121

Cash invested: $9,800 (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 72476

• Home prices YoY: 1.7%
• Active inventory: 55
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $1,273 medium
• Mortgage (P&I): −$184
• Tax est. 1.5%: −$44 /mo · $525/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $764

Break-even live

Break-even rent $306

Max offer price $35,000

Occupancy floor 35%

Sensitivity live

Price	-10% $788	-5% $776	+0% $764	+5% $752	+10% $739
Rent	-10% $663	-5% $713	+0% $764	+5% $814	+10% $864
Rate	-1.0pp $781	-0.5pp $773	base $764	+0.5pp $755	+1.0pp $745

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-06-19
   days on market $35,000 Active 14 DOM
2. 2026-06-18
   days on market $35,000 Active 13 DOM
3. 2026-06-17
   days on market $35,000 Active 12 DOM
4. 2026-06-16
   days on market $35,000 Active 11 DOM
5. 2026-06-15
   days on market $35,000 Active 10 DOM
6. 2026-06-14
   days on market $35,000 Active 8 DOM
7. 2026-06-12
   days on market $35,000 Active 7 DOM
8. 2026-06-09
   days on market $35,000 Active 4 DOM
9. 2026-06-08
   days on market $35,000 Active 3 DOM
10. 2026-06-07
    days on market $35,000 Active 2 DOM
11. 2026-06-07
    remarks 156-char remark
12. 2026-06-07
    listed $35,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $15,274
• − Mortgage interest: −$1,961
• − Property taxes: −$525
• − Insurance: −$175
• − Repairs & maintenance: −$1,222
• − Management: −$1,222
• − Depreciation: −$1,018
• Taxable income: $9,152
• Est. tax owed @ 24.0%: −$2,196
• After-tax cash flow: $6,968/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

+2.9% since first listed

2 events — show timeline

• 2026-06-05 Listed $35,000 FSBO.com
• 1999-05-07 Sold (Public Records) $34,000 Public Records

Property tax history

-31.2%/yr

Latest (2025): $3 · +0.0% YoY. Source: county tax records.