Real Estate Investing in Manila, Arkansas (72442)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72442 (Manila, AR)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.7% 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 Manila, AR (72442)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 72442 Manila
This part of Mississippi County is not an easy win. The 72442 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
From an investor standpoint, the numbers look inviting — $205K purchase price, 0.0% nominal cap — the work to hit that pro forma in 72442 is substantial and deserves full respect.
Put differently, 72442 offers a low basis, the region around Manila has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 72442 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Manila's stable or hybrid ZIPs before stepping into 72442. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Manila:
Market Trends
Home Value History (with trend line)
📊 How Does 72442 Compare?
| Metric | 72442 | Manila | Blytheville, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $204,673 | $204,673 | N/A | $216,341 |
| 5-Year CAGR | 3.3% | 3.3% | N/A | 5.7% |
| Avg Rent | $792 | $792 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 72442 (Manila, AR). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 72442 (Manila, AR)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $204,673 |
| Monthly Rent | $792 |
| Price-to-Rent | 21.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +8.8% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (3.0%). 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 72442
Population: 4,641
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 72442
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
What is the average monthly rent in Manila, AR?
Expect rents around $792/mo per month in Manila, AR. With home values at $205K, the yield math works out to reasonable levels for rental investors.
Is rental property easy to operate in Manila, AR?
Landlord-friendliness in Manila, AR is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How quickly do rentals get leased in Manila, AR?
Manila, AR carries elevated vacancy risk. Expect predictable absorption at market rents of $792/mo.
Is Manila, AR suited for a house hack?
For house hackers, Manila, AR is a challenging. The $792/mo rent on a unit helps defray the mortgage on a $205K property.
What real estate strategy is ideal for Manila, AR?
For Manila, AR, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 72442 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 72442 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.
AI Market Advisor
Ask questions about investing in 72442 (Manila)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 72442 (Manila, AR).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.