Real Estate Investing in Omaha, Arkansas (72662)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72662 (Omaha, 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: 22.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 26.0 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Omaha, AR (72662)?
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Market Analysis: 72662 Omaha
The 72662 ZIP in Omaha, AR is a local-operator market. Outside capital chasing a $270K entry has to pair deep knowledge with the discount.
For an experienced owner, 72662 can be a a viable market for hunting ground — but the discount at $270K reflects genuine risk that outside investors often underestimate.
Regionally, 72662 sits on the difficult end of the AR spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 72662 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Omaha:
Market Trends
Home Value History (with trend line)
📊 How Does 72662 Compare?
| Metric | 72662 | Omaha | Harrison, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $269,554 | $269,554 | N/A | $216,341 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 5.7% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 72662 (Omaha, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $269,554 |
| Monthly Rent | $864 |
| Price-to-Rent | 26.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (2.5%). 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 72662
Population: 2,935
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 72662
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
What kind of market is Omaha, AR for investors?
Omaha, AR scores 3.0/5 for investability. Home values sit at $270K and rents near $864/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the average monthly rent in Omaha, AR?
The typical rental in Omaha, AR commands about $864/mo monthly. That rent profile stable cash flow against the $270K purchase basis.
How tight is the rental market in Omaha, AR?
Omaha, AR sees elevated vacancy, which is reasonable relative to the broader AR rental market.
Are eviction rules reasonable in Omaha, AR?
Rental owners in Omaha, AR deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How strong is the working-renter base in Omaha, AR?
Omaha, AR offers a consistent renter base at the $864/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 72662 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 72662 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 72662 ranks in Harrison, AR
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