Real Estate Investing in Hughes, Arkansas (72348)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72348 (Hughes, AR)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 27.3% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hughes, AR (72348)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 72348 Hughes
Investors eyeing 72348 need to respect the fundamentals at play. Home values of $178K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 72348 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Put differently, 72348 offers a low basis, the region around Hughes has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 72348 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Hughes's stable or hybrid ZIPs before stepping into 72348. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Hughes:
Market Trends
Home Value History (with trend line)
📊 How Does 72348 Compare?
| Metric | 72348 | Hughes | Arkansas |
|---|---|---|---|
| Home Value | $178,209 | $178,209 | $216,341 |
| 5-Year CAGR | 1.9% | 1.9% | 5.7% |
| Avg Rent | $954 | $954 | - |
| Cap Rate | 4.2% | 4.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 72348 (Hughes, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $178,209 |
| Monthly Rent | $954 |
| Price-to-Rent | 15.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +12.7% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +1.9% ▲ |
| 10-Year CAGR | +3.9% ▲ |
🏠 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 (4.2%). 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 72348
Population: 2,198
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
Frequently Asked Questions
Is Hughes, AR better for rentals, flips, or BRRRR?
Hughes, AR investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($178K prices, $954/mo rents) make it a reasonable choice.
How do landlord-tenant laws work in Hughes, AR?
AR law landlord-friendly for landlords, and Hughes inherits those rules. Investors should still review local ordinances for rental licensing.
What is the median home value in Hughes, AR?
Typical homes in Hughes, AR go for around $178K. The 5-year CAGR of 0.0% consistent price movement.
Does a duplex house hack pencil in Hughes, AR?
For house hackers, Hughes, AR is a challenging. The $954/mo rent on a unit helps defray the mortgage on a $178K property.
What is the tenant pool like in Hughes, AR?
The tenant pool in Hughes, AR is solid, supported by local employment and population fundamentals. Rents of $954/mo are well-absorbed by the market.
You know 72348 now. You don’t know where it ranks.
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