Real Estate Investing in Atkins, Arkansas (72823)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72823 (Atkins, AR)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.3% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Atkins, AR (72823)?
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Market Analysis: 72823 Atkins
The 72823 ZIP in Atkins, AR is a local-operator market. Outside capital chasing a $171K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $171K asset, 72823 is the wrong submarket. If the plan prices in friction, the yield can still work.
From an investor standpoint, 72823 offers a low basis, the region around Atkins has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 72823 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 72823 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Atkins:
Market Trends
Home Value History (with trend line)
📊 How Does 72823 Compare?
| Metric | 72823 | Atkins | Russellville, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $171,482 | $171,482 | N/A | $216,341 |
| 5-Year CAGR | 3.9% | 3.9% | N/A | 5.7% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
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 72823 (Atkins, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $171,482 |
| Monthly Rent | $873 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 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 (4.0%). 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 72823
Population: 5,980
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 72823
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 2,070 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Atkins, AR stack up for property investment?
Atkins, AR comes in at an investability rating of 3.0/5, with median home values near $171K and average rents around $873/mo. That combination puts it in the healthy tier for investor interest.
Are there empty rentals in Atkins, AR?
Vacancy in Atkins, AR is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.
Are rents high in Atkins, AR?
Atkins, AR rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $171K acquisition costs.
What price range are homes in Atkins, AR?
The median home value in Atkins, AR is roughly $171K. That puts it reasonable relative to the AR statewide average.
How do experienced investors play Atkins, AR?
The best-fit strategy in Atkins, AR is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 72823 now. You don’t know where it ranks.
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How 72823 ranks in Russellville, AR
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