3 E Reliance Ct · Mayflower, AR 72106

$217,900

4 bd · 2.0 ba · 1,854 sqft · SingleFamily public records · 4 Days on market

Built 2026 6,969 sqft lot $118/sqft · 30% below area Est $245k · 11% under $227/mo HOA · 13% of rent

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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).

• ARV discount +12.5/15.0
• Appreciation +9.8/10.0
• Cash flow +8.8/30.0
• 1% rule +3.1/10.0
• Schools +2.8/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0

Listing remarks

Discover the captivating Carnegie II plan, distinguished by its inviting covered entryway and beautifully landscaped front yard that exudes curb appeal. This thoughtfully designed home encompasses 4 bedrooms and 2 bathrooms, providing ample space for comfort and privacy. The spacious living room offers a welcoming environment for relaxation and gatherings. The kitchen is a chef's delight, equipped with energy-efficient appliances, abundant counterspace, and a convenient pantry for storage. The adjacent laundry room, situated just off the garage, ensures practicality for families of any size. The master suite includes a luxurious walk-in closet, enhancing the home's appeal and functionality.

Key facts

• 6,969 sq ft lot
• 2 garage spots
• Built 2026

Property features AI

Finance

• Financial info: Financing options include VA, FHA, conventional, cash, or Rural Development
• HOA & community: Annual association fee of $320; Additional fee of $200

Exterior

• Parking: Attached garage for 2 cars
• Utilities: Public sewer; Public water; Municipal electric (Entergy); All underground utilities
• Home design: Single-family home; Inside city limits
• Construction: Built by Lennar Homes of Arkansas, LLC; Slab foundation; Composition roof with 3-tab shingles
• Exterior features: Brick and frame exterior with metal/vinyl siding; Level lot in a subdivision; Paved road access; Lot roughly 60 x 115 (0.16 acre); New construction

Interior

• Kitchen: Free-standing stove; Electric range; Dishwasher; Disposal; Pantry
• Flooring: Carpet; Luxury vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heat pump
• Interior features: Washer connection; Electric dryer connection; Electric water heater; Smoke detectors
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $218k.

Deal economics

• At list price, monthly cash flow is $-178 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $187k (14.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $177k (18.9% below list).
• Recommended offer: $177k (18.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 56/100 on livability (#390 in AR) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: schools F, crime F, amenities F.
• Mayflower School District (rural): math 32% / reading 34% proficiency, ranked #127 of 238 in AR (top 53%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 110 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 56% of comp listings sitting > 30 days — soft ceiling on asking rent; 865 units permitted in Faulkner County in 2024 (451 in 5+ unit buildings).

Forward outlook

• In year one you build about $22k of equity ($2k loan paydown + $21k appreciation (9.6% local appreciation)).
• Faulkner County population projected at +32% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $176,748 (18.9% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.81% ✗
• Cap rate: 5.32%
• Cash-on-cash: -3.49%
• DSCR: 0.84
• GRM: 10.3

CMA / ARV

• ARV (median comp): $245,228
• List price: $217,900
• Delta: -11.14%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
108 E Sunbelt Ct	0.09mi	4/2.0	1,858 (+0%)	1mo	$252,000	$136	95
19 Vineyard Dr	0.15mi	4/2.0	1,852 (-0%)	0mo	$236,900	$128	92
105 E Sunbelt Ct	0.10mi	4/2.0	1,858 (+0%)	3mo	$235,000	$126	92
117 E Sunbelt Ct	0.16mi	4/2.0	1,858 (+0%)	2mo	$245,000	$132	90
102 E Fredonia Ct	0.11mi	4/2.0	1,897 (+2%)	2mo	$262,000	$138	90
113 E Sunbelt Ct	0.13mi	4/2.0	1,897 (+2%)	2mo	$258,500	$136	89
107 E Sunbelt Ct	0.10mi	4/2.0	1,897 (+2%)	3mo	$254,000	$134	89
101 E Fredonia Ct	0.13mi	4/2.0	1,655 (-11%)	1mo	$232,000	$140	75
3 Vineyard Dr	0.21mi	4/2.0	1,655 (-11%)	2mo	$211,000	$127	70
4 Concord Rd	0.03mi	3/2.0 (-1)	1,600 (-14%)	1mo	$269,900	$169	70
109 E Sunbelt Ct	0.11mi	3/2.0 (-1)	1,646 (-11%)	3mo	$236,500	$144	69
22 Ledrick Cir	0.51mi	3/2.0 (-1)	1,648 (-11%)	3mo	$264,400	$160	50

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

Projected returns pro-forma

9.62% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.0%
• Equity multiple: 2.67×
• Total profit: $101,751
• Equity at exit: $190,255

10-year hold

• IRR: 19.1%
• Equity multiple: 6.04×
• Total profit: $307,256
• Equity at exit: $404,024

Cash invested: $61,012 (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 72106

• Home prices YoY: 4.2%
• Active inventory: 110
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,767 high
• Mortgage (P&I): −$1,143
• Tax from tax record: −$113 /mo · $1,360/yr
• Insurance: −$91
• HOA: −$227
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $-178

Break-even live

Break-even rent $1,992

Max offer price $186,536

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: $54,475
• Closing costs: $6,537
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
110 Sunbelt Ct Mayflower, AR	4.0	2.0	1897	$1,750	$0.92	43d	1	0.10mi
104 E Fredonia Ct Mayflower, AR	4.0	2.0	1476	$1,750	$1.19	43d	1	0.11mi
101 E Fredonia Ct Mayflower, AR	4.0	2.0	1655	$1,923	$1.16	14d	1	0.13mi
103 E Fredonia Ct Mayflower, AR	3.0	2.0	1364	$1,650	$1.21	14d	1	0.14mi
17 Vineyard Dr Mayflower, AR	4.0	2.0	1655	$1,850	$1.12	14d	1	0.16mi
11 Vineyard Dr Mayflower, AR	3.0	2.0	1364	$1,650	$1.21	43d	1	0.18mi
7 Vineyard Dr Mayflower, AR	4.0	2.0	1476	$1,750	$1.19	43d	1	0.20mi
5 Vineyard Dr Mayflower, AR	3.0	2.0	1364	$1,650	$1.21	43d	1	0.20mi
3 Vineyard Dr Mayflower, AR	4.0	2.0	1655	$1,850	$1.12	14d	1	0.21mi

HOA detail

• Monthly dues: $227 · $2,724/yr

Listing history 2 events

1. 2026-05-11
   status Under Contract 827-char remark
2. 2026-05-07
   listed $217,900 New Listing 827-char remark

ⓘ 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: $1,360 · $113/mo
• Projected year-2 tax: $1,395 · $116/mo
• Expected delta: +$34/yr (+$3/mo · 2.5%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 7% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,210
• − Mortgage interest: −$12,206
• − Property taxes: −$1,360
• − Insurance: −$1,090
• − Repairs & maintenance: −$1,697
• − Management: −$1,697
• − HOA: −$2,724
• − Depreciation: −$6,339
• Taxable loss: −$5,902
• Est. tax savings @ 24.0%: +$1,417
• After-tax cash flow: $-714/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: Mayflower School District
• NCES district ID: 0509540
• Math proficiency: 32% ▼ -9.00%
• Reading proficiency: 34% ▼ -6.00%
• Median HH income: $47,119
• Composite: 28.41/100
• National rank: #6760
• State rank: #127 of 238 in AR

Livability — Mayflower

• Score: 56/100
• State rank: #390
• US rank: #22893

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mayflower, AR
• Population (ZIP): 5,719

Population outlook (Faulkner County) Hauer SSP2

• Today (2025): 138,985 people
• By 2030: 148,264 · +6.7%
• By 2040: 166,010 · +19.4%
• By 2050: 183,362 · +31.9%
• By 2075: 224,593 · +61.6%
• By 2100: 250,603 · +80.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Two or more races 7% Black 6% Hispanic / Latino 1%
• Common ancestry: Slovak 3% Lithuanian 1% Italian 1%
• Foreign-born: 6% · Canada

Political lean MEDSL · Faulkner

• 2024 margin: Solid R (+32.3) · D 32.6% · R 64.9% · Other 2.5%
• 2008→2024 swing: -7.1pp toward R · 2008: -25.3pp · 2024: -32.3pp
• All cycles: 2024: R+32.3 2020: R+29.5 2016: R+31.6 2012: R+31.7 2008: R+25.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.62%
• Current HPI: 236.6197
• 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 events — show timeline

• 2026-05-11 Pending — CARMLS
• 2026-05-07 Listed $217,900 CARMLS

Property tax history

+0.9%/yr

Latest (2025): $1,360 · +1.1% YoY. Source: county tax records.