Real Estate Investing in Hot Springs Village, Arkansas (71909)
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Should you buy in 71909 (Hot Springs Village, AR)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.8% of homes vacant — above national norms.
What’s happening in Hot Springs Village, AR (71909)?
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Market Analysis: 71909 Hot Springs Village
The 71909 ZIP covers a section of Hot Springs Village that demands careful diligence. Prices near $310K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 71909 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 71909's metrics run below Saline County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 71909 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. significant returns are possible in 71909, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hot Springs Village:
Property Strategy for 71909
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $174,359 | $1,350 | 5.6% | +8.8% | $87,180 |
| 3BR | $307,565 | $1,760 | 4.1% | +9.0% | $102,522 |
| 4BR | $485,533 | $2,100 | 3.1% | +9.3% | $121,383 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 71909 Compare?
| Metric | 71909 | Hot Springs Village | Little Rock-North Little Rock-Conway, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $309,713 | $309,713 | N/A | $216,341 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 5.7% |
| Avg Rent | $1,713 | $1,713 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 71909 (Hot Springs Village, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $309,713 |
| Monthly Rent | $1,713 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 71909
Population: 18,427
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,315 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Hot Springs Village, AR a good market for buy-and-hold investors?
Our data puts Hot Springs Village, AR at 3.0/5 for investability. Home prices of $310K and rents around $1,713/mo create a solid backdrop for investor activity.
Are tenants stable in Hot Springs Village, AR?
Hot Springs Village, AR draws a reliable base of working renters. Demand at the $1,713/mo rent level is reasonable for standard single-family and small multi rentals.
Do rentals sit vacant long in Hot Springs Village, AR?
Rental vacancy in Hot Springs Village, AR is elevated. Investors should budget normal turnover but not chronic empty units.
What is the smart move for investors in Hot Springs Village, AR?
Most investors in Hot Springs Village, AR run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How much is rent in Hot Springs Village, AR?
Rents in Hot Springs Village, AR run near $1,713/mo. Compared with median home prices of $310K that produces solid gross yields for typical rentals.
You know 71909 now. You don’t know where it ranks.
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How 71909 ranks in Little Rock-North Little Rock-Conway, AR
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