Real Estate Investing in Paragould, Arkansas (72450)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72450 (Paragould, 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.
No major risk flags on the data we track.
What’s happening in Paragould, AR (72450)?
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Market Analysis: 72450 Paragould
Not every below-median market is a bargain. Paragould's 72450 ZIP reports signals that favor experienced operators who can absorb the risk $196K pricing implies.
The 72450 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
On the rental side, 72450 offers a low basis, the region around Paragould has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 72450 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
New investors are better served looking at Paragould's stable or hybrid ZIPs before stepping into 72450. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Paragould:
Property Strategy for 72450
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $101,196 | $930 | 6.6% | +7.9% | $50,598 |
| 3BR | $193,936 | $1,290 | 4.8% | +7.6% | $64,645 |
| 4BR | $265,753 | $1,530 | 4.1% | +5.9% | $66,438 |
| 5BR | $350,131 | — | — | +6.5% | $70,026 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 72450 Compare?
| Metric | 72450 | Paragould | Paragould, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $195,665 | $195,665 | N/A | $216,341 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 5.7% |
| Avg Rent | $1,095 | $1,095 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
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 72450 (Paragould, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $195,665 |
| Monthly Rent | $1,095 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | +16.0% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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 72450
Population: 40,464
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 72450
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are there empty rentals in Paragould, AR?
Vacancy in Paragould, AR is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,095/mo.
Is Paragould, AR landlord-friendly?
AR law landlord-friendly for landlords, and Paragould inherits those rules. Investors should still review local ordinances for rental licensing.
What is the investability score for Paragould, AR?
Yes - Paragould, AR a 3.0/5 investability score. With $196K home prices against $1,095/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the best play in Paragould, AR?
Paragould, AR investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($196K prices, $1,095/mo rents) make it a reasonable choice.
How strong are rents in Paragould, AR?
Investors in Paragould, AR typically see rents near $1,095/mo per month against $196K home values - a solid setup for rental cash flow.
You know 72450 now. You don’t know where it ranks.
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