142 Blissful Ln · Mena, AR
Flood risk 1/10 · Minimal
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- —
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $1,499 – $2,785
Heat risk 5/10 · Moderate
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 5.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +16.2/30.0
- ARV discount +7.5/15.0
- DSCR +5.0/10.0
- 1% rule +4.4/10.0
- Appreciation +4.4/10.0
- Schools +3.3/10.0
- Livability +3.2/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
$105,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Charming Clayton 2011 single wide mobile home located on a spacious 2.10-acre lot at the quiet end of a lane, offering privacy and plenty of outdoor space. This comfortable home features three bedrooms and two bathrooms, making it ideal for comfortable living or guests. There is also a convenient shop area, perfect for workshops, storage, or hobbies. The property is just about six miles from scenic Ward Lake, with easy bike trail access nearby, and only minutes from Mena town center for shopping and dining. Outdoor enthusiasts will appreciate the close proximity to the beautiful Ouachita Mountains and Lake Wilhelmina, which is renowned for excellent fishing and recreational opportunities. T
Key facts
- Bike trail access
- Spacious lot
- 2.1 acre lot
Tags
Property features AI
Finance
- Financial info: Financing options include VA loan, conventional loan, or cash
Exterior
- Parking: Parking pads for 2 cars
- Utilities: Septic system; Public water; Electric service via cooperative
- Home design: Single wide mobile home; Mobile property
- Construction: Metal/vinyl siding; Composition roof; Crawl space foundation; Built as a mobile single wide
- Exterior features: Porch; Partially fenced yard; Outside storage area; Gravel road access; Level, partially wooded and cleared rural property; Not in a subdivision
Interior
- Kitchen: Free-standing stove / electric range; Dishwasher; Refrigerator stays; Ice maker connection
- Flooring: Carpet; Vinyl
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central electric heat; Central electric cooling
- Interior features: Washer and washer hookups present; washer stays; Dryer and electric dryer hookup present; dryer stays; Electric water heater; Smoke detectors; Window treatments; Ceiling fans; Walk-in shower; Formica kitchen countertops
- Laundry & utility: Laundry room; Washer and dryer stay
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath manufactured listed at $105k.
Deal economics
- At list price, monthly cash flow is $55 ($665/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 $99k (5.8% below list).
- Recommended offer: $99k (5.8% below list) — sets the bar for 1% rule.
- Cap rate 6.9% vs local median 3.0% in Mena — 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 65/100 on livability (#142 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D, amenities F, commute F.
- Mena School District (rural): math 42% / reading 38% proficiency, ranked #70 of 238 in AR (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Holly Harshman Elem. School (math 49% / reading 35%, grade F, #173 of 454 statewide, top 43%, 435 students, 66% FRL); Mena Middle School (math 47% / reading 41%, grade D, #65 of 201 statewide, top 34%, 375 students, 60% FRL); Mena High School (math 25% / reading 39%, grade F, #119 of 292 statewide, top 43%, 498 students, 53% FRL).
- Market conditions: 204 active listings in the ZIP; 4 units permitted in Polk County in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-1.2%/yr); year-one equity from $726 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
- Polk County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
Negotiation context
- It's been on market 17 days — a 2% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
- Current owner paid $19k; list at $105k implies a 453% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- Crime grade is D 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?
- 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?
- 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.
- 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.
- 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
- 0.94% ✗
- Cap rate
- 6.93%
- Cash-on-cash
- 2.26%
- DSCR
- 1.10
- GRM
- 8.9
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-1.18% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -4.1%
- Equity multiple
- 0.82×
- Total profit
- $-5,234
- Equity at exit
- $24,416
- IRR
- 2.8%
- Equity multiple
- 1.26×
- Total profit
- $7,708
- Equity at exit
- $24,854
Cash invested: $29,400 (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
ZIP-level market 71953
- Home prices YoY
- -0.4%
- Active inventory
- 204
- Price-to-rent
- 8.9×
Monthly cashflow live
- Estimated rent
- $989 medium interval (Pro) →
- Mortgage (P&I)
- −$551
- Tax est. 1.5%
- −$131 /mo · $1,575/yr
- Insurance
- −$44
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$208
- Net cashflow
- $55
Break-even live
Sensitivity live
| Price | -10% $128 | -5% $92 | +0% $55 | +5% $19 | +10% $-17 |
|---|---|---|---|---|---|
| Rent | -10% $-23 | -5% $16 | +0% $55 | +5% $94 | +10% $134 |
| Rate | -1.0pp $108 | -0.5pp $82 | base $55 | +0.5pp $28 | +1.0pp $1 |
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
- $26,250
- Closing costs
- $3,150
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 12 events
-
2026-06-19days on market $105,000 Active 17 DOM
-
2026-06-18days on market $105,000 Active 16 DOM
-
2026-06-17days on market $105,000 Active 15 DOM
-
2026-06-16days on market $105,000 Active 14 DOM
-
2026-06-15days on market $105,000 Active 13 DOM
-
2026-06-14days on market $105,000 Active 11 DOM
-
2026-06-12days on market $105,000 Active 10 DOM
-
2026-06-09statusdays on market $105,000 Active 7 DOM
-
2026-06-08days on market $105,000 New Listing 6 DOM
-
2026-06-07days on market $105,000 New Listing 5 DOM
-
2026-06-03remarks 699-char remark
-
2026-06-03$105,000 New Listing 1 DOM
ⓘ 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 0% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 5/10 Major 7 d/yr ≥109°F today · 20 d/yr by 30 yrs out
- Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $11,864
- − Mortgage interest
- −$5,882
- − Property taxes
- −$1,575
- − Insurance
- −$525
- − Repairs & maintenance
- −$949
- − Management
- −$949
- − Depreciation
- −$3,055
- Taxable loss
- −$1,070
- Est. tax savings @ 24.0%
- +$257
- After-tax cash flow
- $922/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
- Mena School District
- NCES district ID
- 0509750
- Math proficiency
- 42% ▼ -9.00%
- Reading proficiency
- 38% ▼ -9.00%
- Median HH income
- $32,941
- Composite
- 32.88/100
- National rank
- #5607
- State rank
- #70 of 238 in AR
Livability — Mena
- Score
- 65/100
- State rank
- #142
- US rank
- #12615
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Population (ZIP)
- 13,412
Population outlook (Polk County) Hauer SSP2
- Today (2025)
- 19,065 people
- By 2030
- 18,369 · -3.7%
- By 2040
- 17,156 · -10.0%
- By 2050
- 16,177 · -15.1%
- By 2075
- 14,642 · -23.2%
- By 2100
- 13,020 · -31.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (91%)
- Race & ethnicity
- White 91% Two or more races 5% Hispanic / Latino 3% Native American 1%
- Common ancestry
- Lithuanian 3% Slovak 2% Iranian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 98% English-only · Spanish 1% German/W. Germanic 1%
Political lean MEDSL · Polk
- 2024 margin
- Solid R (+70.5) · D 13.8% · R 84.3% · Other 1.9%
- 2008→2024 swing
- -24.7pp toward R · 2008: -45.8pp · 2024: -70.5pp
- All cycles
- 2024: R+70.5 2020: R+68.2 2016: R+66.4 2012: R+56.9 2008: R+45.8
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -1.18%
- Current HPI
- 278.2854
- 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 |
|
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| Food / Agriculture | 1 | $53B |
|
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| Retail / Energy | 1 | $22B |
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| Transportation / Logistics | 1 | $12B |
|
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| Energy | 1 | $4B |
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Price history
+452.6% since first listed2 events — show timeline
- 2026-06-02 Listed $105,000 CARMLS
- 1999-06-17 Sold (Public Records) $19,000 Public Records
Property tax history
-17.1%/yrLatest (2025): $6 · +0.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…