Real Estate Investing in Fayetteville, Arkansas (72704)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72704 (Fayetteville, AR)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Fayetteville, AR (72704)?
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Market Analysis: 72704 Fayetteville
The 72704 ZIP in Fayetteville, AR is a local-operator market. Outside capital chasing a $367K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 72704 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 72704 and stronger Fayetteville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 72704 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.
The right play in 72704 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Fayetteville:
Property Strategy for 72704
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $248,886 | $1,470 | 4.3% | +10.6% | $124,443 |
| 3BR | $331,311 | $2,040 | 4.4% | +9.2% | $110,437 |
| 4BR | $446,909 | $2,410 | 3.9% | +8.8% | $111,727 |
| 5BR | $727,024 | — | — | +9.3% | $145,405 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 72704 Compare?
| Metric | 72704 | Fayetteville | Fayetteville-Springdale-Rogers, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $366,751 | $393,246 | N/A | $216,341 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 5.7% |
| Avg Rent | $1,770 | $1,616 | N/A | - |
| Cap Rate | 3.8% | 3.2% | - | - |
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 72704 (Fayetteville, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $366,751 |
| Monthly Rent | $1,770 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | -0.1% ▼ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +4.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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 72704
Population: 29,475
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 72704
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 is the renter demographic in Fayetteville, AR?
Tenant quality in Fayetteville, AR ranks as solid. Landlords generally report predictable occupancy at market rents of $1,770/mo.
What is the investability score for Fayetteville, AR?
Yes - Fayetteville, AR a 3.0/5 investability score. With $367K home prices against $1,770/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is house hacking profitable in Fayetteville, AR?
House hacking works a challenging in Fayetteville, AR. Rents of $1,770/mo against $367K acquisition make the strategy solid for owner-occupants.
How strong are rents in Fayetteville, AR?
Investors in Fayetteville, AR typically see rents near $1,770/mo per month against $367K home values - a solid setup for rental cash flow.
How do home values compare in Fayetteville, AR?
Homes in Fayetteville, AR typically sell near $367K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
You know 72704 now. You don’t know where it ranks.
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How 72704 ranks in Fayetteville-Springdale-Rogers, AR
Every ZIP in this metro, ranked. Free.
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