Real Estate Investing in Hartman, Arkansas (72840)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72840 (Hartman, 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.
- High vacancy: 16.3% of homes vacant — above national norms.
- Elevated poverty: 32.9% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hartman, AR (72840)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 72840 Hartman
The 72840 ZIP in Hartman, AR is a local-operator market. Outside capital chasing a $149K entry has to pair deep knowledge with the discount.
The 72840 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader AR picture, 72840 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 72840 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 72840 is an operator game, not a passive one. From an investor standpoint, entry prices of $149K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Hartman:
Market Trends
Home Value History (with trend line)
📊 How Does 72840 Compare?
| Metric | 72840 | Hartman | Arkansas |
|---|---|---|---|
| Home Value | $149,110 | $149,110 | $216,341 |
| 5-Year CAGR | 1.8% | 1.8% | 5.7% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 4.1% | 4.1% | - |
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 72840 (Hartman, AR). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 72840 (Hartman, AR)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $149,110 |
| Monthly Rent | $792 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | -0.7% ▼ |
| 5-Year CAGR | +1.8% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (4.1%). 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 72840
Population: 2,399
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 72840
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
How does Hartman, AR rate as a rental market?
Hartman, AR reports an investability rating of 3.0/5, with median home values near $149K and average rents around $792/mo. That combination puts it in the robust tier for investor interest.
Is Hartman, AR a friendly market for rental owners?
Landlord-friendliness in Hartman, AR is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Where do rents currently stand in Hartman, AR?
Rents in Hartman, AR run near $792/mo. Compared with median home prices of $149K that produces solid gross yields for typical rentals.
What is the best play in Hartman, AR?
Investors usually favor careful cash-flow rentals with hands-on management in Hartman, AR. With home values at $149K and rents near $792/mo, other strategies can work but produce reliable rather than outsized returns.
How high is vacancy risk in Hartman, AR?
Hartman, AR vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 72840 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 72840 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.
AI Market Advisor
Ask questions about investing in 72840 (Hartman)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 72840 (Hartman, AR).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.