Real Estate Investing in Forrest City, Arkansas (72335)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Saint Francis County • Population: 16,514 • Data updated: September 2026

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Should you buy in 72335 (Forrest City, AR)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
STRONG
4.0 / 5 (86/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 16.6% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.6% CAGR).
  • Elevated poverty: 27.1% poverty rate — can affect rent collection.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Forrest City, AR (72335)?

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4.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $73,781
Avg Monthly Rent $846
1% Rule ✓ Meets
Median Income $40,237
% Renters 53.2%

Market Analysis: 72335 Forrest City

ZIP 72335 offers what many appreciation markets cannot: an affordable basis at $74K and rent support of $846/mo for rehab-driven equity creation in Saint Francis County.

Value-add is the defining thesis in 72335. Homes trade near $74K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.

Comparing Forrest City submarkets, ZIP 72335 offers an entry cost that most surrounding neighborhoods have moved past. The significant delta is the opportunity.

Household income in 72335 supports the rent-lift thesis. 16,514 residents, deep working-age cohort, and the kind of tenant profile that responds to upgraded stock.

ZIP 72335 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Forrest City:

C+ Average
Buy Confidence Score: 67/100
Affordability
25/25
Appreciation
10/25
Stability
11/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 1.8× the median income
Value Trend
Rising (+4.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $846/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Forrest City, AR Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
5.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Forrest City, AR metro data

Market Trends

Home Value History (with trend line)

$78K$74K$70K$65K$61K$56KJul 2006Jul 2016Jul 2026

📊 How Does 72335 Compare?

Metric 72335 Forrest City Forrest City, AR Arkansas
Home Value $73,781 $73,781 N/A $216,341
5-Year CAGR 0.6% 0.6% N/A 5.7%
Avg Rent $846 $846 N/A -
Cap Rate 8.9% 8.9% - -
💡 Why Invest in 72335? Click to expand

This ZIP code meets the 1% rule with rent at $846/mo on homes averaging $73,781 — a strong indicator of cash flow potential.

Our analysis gives this area a 4/5 investability rating, placing it in the top tier for rental property potential.

53% of households rent in this area, creating consistent tenant demand for landlords.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 72335 (Forrest City, AR). Anonymous, moderated, never written by AI.

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Investability
Excellent
Cap Rate
8.9%
Excellent
5yr Growth
+0.6%
Slow

📉 Market Crash Risk Index

Based on Forrest City, AR metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $73,781
Monthly Rent $846
Price-to-Rent 7.3:1
1% Rule ✓ Passes

💰 Return Metrics

Gross Yield 13.8%
Cap Rate 8.9%
5-Year IRR 9.5%

📈 Home Appreciation

1-Year +4.6% ▲
3-Year CAGR +0.7% ▲
5-Year CAGR +0.6% ▲
10-Year CAGR +1.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Positive Leverage Market Cap Rate: 8.9%  |  30yr Rate: 6.8%
Leverage may enhance returns here.

The estimated cap rate (8.9%) 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.

Vacancy
16.6%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+0.6%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 72335

Population: 16,514

💰 Median Household Income
$40,237
This area
$40,237
State
$52,981
USA
$74,580
🏠 Renter Occupied
53.2%
This area
53.2%
State
24.2%
USA
34.0%
💼 Unemployment Rate
2.9%
This area
2.9%
State
-21.7%
USA
3.7%
🎓 College Educated
13.8%
This area
13.8%
State
-9.2%
USA
33.7%
👤 Median Age
37.2 years
This area
37.2 years
State
3.7 years
USA
38.9 years
🏚️ Vacancy Rate
16.6%
This area
16.6%
State
22.6%
USA
10.5%
👥 Population by Ethnicity
Black/African American 61.1%
White 33.6%
Other/Mixed 5.2%
Hispanic/Latino 3.7%
Asian 0.2%
👶 Under 18
21.6%
This area
21.6%
USA
22.0%
👴 65 and Over
14.3%
This area
14.3%
USA
17.3%
📊 Poverty Rate
27.1%
This area
27.1%
USA
11.5%

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 72335

B+ Avg School Grade
6 Schools
17.5:1 Avg Class Size
$17,420 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

FORREST CITY HIGH SCHOOL

📚 09 – 12 High School
👥
568 Students
👨‍🏫
9.0:1 Class Size
💰
$17,420 Per Student
B+ Above Average

LINCOLN ACADEMY

📚 Grade 06 Middle
👥
155 Students
👨‍🏫
15.6:1 Class Size
💰
$17,420 Per Student
B+ Above Average

STEWART ELEMENTARY SCHOOL

📚 03 – 05 Elementary
👥
418 Students
👨‍🏫
19.1:1 Class Size
💰
$17,420 Per Student
B+ Above Average

FORREST CITY JR. HIGH

📚 07 – 08 Middle
👥
278 Students
👨‍🏫
19.2:1 Class Size
💰
$17,420 Per Student
B Good

CENTRAL ELEMENTARY SCHOOL

📚 Pre-K – 02 Elementary
👥
709 Students
👨‍🏫
24.5:1 Class Size
💰
$17,420 Per Student
C Below Average

EAST ARKANSAS SECONDARY CAREER CENTER

📚 09 – 12 High School Limited Data
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.

🎓 Nearby Colleges & Universities

1 Nearby 572 Off-Campus Students
C
East Arkansas Community College
1,273 students · 3.6 mi

Investor Insight: With 572 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Where do home prices stand in Forrest City, AR?

Expect median prices around $74K in Forrest City, AR. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.

Does the 1% rule work in Forrest City, AR?

Yes, many Forrest City, AR properties clear the 1% rule. The rent-to-price ratio averages 1.15%, supported by $846/mo rents.

Can owner-occupants cash flow in Forrest City, AR?

House hacking in Forrest City, AR is an attractive. With home values around $74K and rents at $846/mo, owner-occupants can offset a meaningful share of PITI.

Is BRRRR a fit for Forrest City, AR?

Investors running BRRRR in Forrest City, AR see a strong outcomes. Deal flow and rehab execution matter more than the macro here.

What do landlords charge for rent in Forrest City, AR?

Investors in Forrest City, AR typically see rents near $846/mo per month against $74K home values - a solid setup for rental cash flow.

You know 72335 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 72335 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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