Real Estate Investing in Jonesboro, Arkansas (72401)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72401 (Jonesboro, 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.
- Elevated vacancy: 11.5% vacancy may signal weakening demand.
- Elevated poverty: 21.9% poverty rate — can affect rent collection.
What’s happening in Jonesboro, AR (72401)?
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Market Analysis: 72401 Jonesboro
ZIP 72401 in Jonesboro, AR carries a impressive set of headwinds. Home values near $189K and rents of $1,129/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 72401 can be a worth a close look for hunting ground — but the discount at $189K reflects genuine risk that outside investors often underestimate.
ZIP 72401's metrics run below Craighead 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 72401 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 72401 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Jonesboro:
Property Strategy for 72401
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $114,130 | $1,000 | 6.3% | +5.7% | $57,065 |
| 3BR | $187,616 | $1,350 | 5.2% | +5.8% | $62,539 |
| 4BR | $262,139 | $1,420 | 3.9% | +5.4% | $65,535 |
| 5BR | $390,550 | — | — | +5.9% | $78,110 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 72401 Compare?
| Metric | 72401 | Jonesboro | Jonesboro, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $189,172 | $91,567 | N/A | $216,341 |
| 5-Year CAGR | 3.6% | 4.1% | N/A | 5.7% |
| Avg Rent | $1,129 | $1,330 | N/A | - |
| Cap Rate | 4.7% | 4.5% | - | - |
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 72401 (Jonesboro, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $189,172 |
| Monthly Rent | $1,129 |
| Price-to-Rent | 14.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). 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 72401
Population: 42,065
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 72401
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
Investor Insight: With 1,122 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are there empty rentals in Jonesboro, AR?
Vacancy in Jonesboro, AR is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,129/mo.
What is the typical renter like in Jonesboro, AR?
Tenant quality in Jonesboro, AR ranks as solid. Landlords generally report reliable occupancy at market rents of $1,129/mo.
Is Jonesboro, AR a good market for buy-and-hold investors?
Our data puts Jonesboro, AR at 3.0/5 for investability. Home prices of $189K and rents around $1,129/mo create a solid backdrop for investor activity.
Is Jonesboro, AR good for landlords?
For rental operators, Jonesboro, AR rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How do experienced investors play Jonesboro, AR?
The best-fit strategy in Jonesboro, AR is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 72401 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 72401 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.
How 72401 ranks in Jonesboro, AR
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