Real Estate Investing in Magazine, Arkansas (72943)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Logan County • Population: 2,511 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 72943 (Magazine, AR)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 15.0% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Magazine, AR (72943)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $180,231
Avg Monthly Rent $927
1% Rule ✗ Does Not Meet
Median Income $51,806
% Renters 21.4%

Market Analysis: 72943 Magazine

On balance, ZIP 72943 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $180K median. It rewards specialists, not generalists.

For an experienced owner, 72943 can be a a credible choice for hunting ground — but the discount at $180K reflects genuine risk that outside investors often underestimate.

Within AR, ZIP 72943 trails on several market indicators that neighboring Logan County submarkets outperform. The gap is real and resilient enough to shape underwriting.

Who lives in 72943 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 72943 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Magazine:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.5× the median income
Value Trend
Rising (+3.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $927/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$189K$172K$154K$137K$119K$102KFeb 2016May 2021Jul 2026

📊 How Does 72943 Compare?

Metric 72943 Magazine Arkansas
Home Value $180,231 $180,231 $216,341
5-Year CAGR 4.2% 4.2% 5.7%
Avg Rent $927 $927 -
Cap Rate 4.0% 4.0% -
💡 Why Invest in 72943? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 72943 (Magazine, AR). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 72943 (Magazine, AR)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
4.0%
Fair
5yr Growth
+4.2%
Moderate

📊 Market Snapshot

Home Value $180,231
Monthly Rent $927
Price-to-Rent 16.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.2%
Cap Rate 4.0%
5-Year IRR 8.3%

📈 Home Appreciation

1-Year +3.4% ▲
3-Year CAGR +2.3% ▲
5-Year CAGR +4.2% ▲
10-Year CAGR +4.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
15.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.2%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 72943

Population: 2,511

💰 Median Household Income
$51,806
This area
$51,806
State
$52,981
USA
$74,580
🏠 Renter Occupied
21.4%
This area
21.4%
State
24.2%
USA
34.0%
💼 Unemployment Rate
2.7%
This area
2.7%
State
-21.7%
USA
3.7%
🎓 College Educated
12.2%
This area
12.2%
State
-9.2%
USA
33.7%
👤 Median Age
39.1 years
This area
39.1 years
State
3.7 years
USA
38.9 years
🏚️ Vacancy Rate
15.0%
This area
15.0%
State
22.6%
USA
10.5%
👥 Population by Ethnicity
White 93.9%
Other/Mixed 3.7%
Hispanic/Latino 1.3%
Asian 1.3%
Black/African American 1.2%
👶 Under 18
23.6%
This area
23.6%
USA
22.0%
👴 65 and Over
14.3%
This area
14.3%
USA
17.3%
📊 Poverty Rate
7.7%
This area
7.7%
USA
11.5%

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 72943

B+ Avg School Grade
2 Schools
10.7:1 Avg Class Size
$12,846 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

MAGAZINE HIGH SCHOOL

📚 07 – 12 High School
👥
203 Students
👨‍🏫
8.0:1 Class Size
💰
$12,846 Per Student
B+ Above Average

MAGAZINE ELEMENTARY SCHOOL

📚 Pre-K – 06 School
👥
290 Students
👨‍🏫
13.4:1 Class Size
💰
$12,846 Per Student
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.

Frequently Asked Questions

How tight is the rental market in Magazine, AR?

Vacancy risk in Magazine, AR is elevated. That supports predictable cash flow for typical rental holds.

How strong is the working-renter base in Magazine, AR?

The renter base in Magazine, AR is reasonable for the $927/mo price point. Screening well and pricing to market typically yields steady tenants.

Is Magazine, AR a good place for real estate investing?

Magazine, AR registers an investability rating of 3.0/5, with median home values near $180K and average rents around $927/mo. That combination puts it in the healthy tier for investor interest.

Where do home prices stand in Magazine, AR?

Magazine, AR home values average about $180K. That price point suits investors targeting rentals with $927/mo in monthly income.

What is the typical rental rate in Magazine, AR?

Investors in Magazine, AR typically see rents near $927/mo per month against $180K home values - a solid setup for rental cash flow.

You know 72943 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 72943 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.

Compare Plans
🤖

AI Market Advisor

Ask questions about investing in 72943 (Magazine)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 72943 (Magazine, AR).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.