Real Estate Investing in Eudora, Arkansas (71640)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 71640 (Eudora, AR)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 18.6% of homes vacant — above national norms.
- 1-year downturn: Values declined 10.5% in the last year.
- Higher unemployment: 8.2% unemployment — tenant risk signal.
- Lower household income: $27,035 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Eudora, AR (71640)?
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Market Analysis: 71640 Eudora
Investors scanning Eudora, AR for forced-equity plays often land on the 71640 ZIP. A worth a close look for entry near $59K pairs with rents of $792/mo to widen the renovation window.
In 71640, the deal is made on the buy and on the capex. durable entry prices of $59K leave room in the budget for light-to-medium renovation, with rent lift to match.
The a strong candidate for piece of regional context is that nearby ZIPs with newer stock and higher basis have priced out of the value-add game. 71640 has not.
Demographically, 71640 is a working ZIP — not a luxury market. That profile is exactly what value-add operators need in order to price their renovated product correctly.
Strategic fit here is operational. Pro forma discipline, capex reserves, and lender relationships matter more than the marketing pitch.
Here's what matters if you're considering buying a home in Eudora:
Market Trends
Home Value History (with trend line)
📊 How Does 71640 Compare?
| Metric | 71640 | Eudora | Arkansas |
|---|---|---|---|
| Home Value | $58,753 | $58,753 | $216,341 |
| 5-Year CAGR | N/A | N/A | 5.7% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 10.5% | 10.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 71640 (Eudora, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $58,753 |
| Monthly Rent | $792 |
| Price-to-Rent | 6.2:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 16.2% |
| Cap Rate | 10.5% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | -10.5% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (10.5%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 71640
Population: 2,190
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 71640
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How much does a house cost in Eudora, AR?
Median home price in Eudora, AR is near $59K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Is Eudora, AR a good market for buy-and-hold investors?
Eudora, AR scores 4.0/5 for investability. Home values sit at $59K and rents near $792/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How well does BRRRR work in Eudora, AR?
Eudora, AR is a strong for BRRRR. Acquiring below market, rehabbing, and leasing at $792/mo produces solid refinance appraisals against $59K values.
How viable is house hacking in Eudora, AR?
Eudora, AR offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $792/mo rent level.
How close is Eudora, AR to meeting the 1% rule?
The 1% rule in Eudora, AR is reasonable to achieve. Rent-to-price at the median ($792/mo on $59K) lands around 1.35%.
You know 71640 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 71640 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
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