Real Estate Investing in Havana, Arkansas (72842)

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

Yell • Population: 1,000 • Data updated: September 2026

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Should you buy in 72842 (Havana, AR)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (51/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
2 flags
  • High vacancy: 31.9% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (1.3% CAGR).

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

What’s happening in Havana, AR (72842)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $155,407
Avg Monthly Rent $828
1% Rule ✗ Does Not Meet
Median Income $48,409
% Renters 15.0%

Market Analysis: 72842 Havana

Investors eyeing 72842 need to respect the fundamentals at play. Home values of $155K come alongside slower price movement and elevated management overhead.

The investment case in 72842 is resilient only for operators who understand what they are buying. A $155K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Within AR, ZIP 72842 trails on several market indicators that neighboring Yell submarkets outperform. The gap is real and notable enough to shape underwriting.

A impressive renter share of 15% in 72842 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

New investors are better served looking at Havana's stable or hybrid ZIPs before stepping into 72842. The learning curve here is expensive when the lesson is wrong.

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 Havana:

C+ Average
Buy Confidence Score: 64/100
Affordability
20/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Rising (+5.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $828/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)

$173K$158K$144K$130K$116K$102KFeb 2016May 2021Jul 2026

📊 How Does 72842 Compare?

Metric 72842 Havana Arkansas
Home Value $155,407 $155,407 $216,341
5-Year CAGR 1.3% 1.3% 5.7%
Avg Rent $828 $828 -
Cap Rate 4.2% 4.2% -
💡 Why Invest in 72842? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 72842 (Havana, AR). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.2%
Fair
5yr Growth
+1.3%
Slow

📊 Market Snapshot

Home Value $155,407
Monthly Rent $828
Price-to-Rent 15.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.4%
Cap Rate 4.2%
5-Year IRR 5.5%

📈 Home Appreciation

1-Year +5.8% ▲
3-Year CAGR -0.4% ▼
5-Year CAGR +1.3% ▲
10-Year CAGR +3.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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
31.9%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.3%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 72842

Population: 1,000

💰 Median Household Income
$48,409
This area
$48,409
State
$52,981
USA
$74,580
🏠 Renter Occupied
15.0%
This area
15.0%
State
24.2%
USA
34.0%
💼 Unemployment Rate
0.6%
This area
0.6%
State
-21.7%
USA
3.7%
🎓 College Educated
13.1%
This area
13.1%
State
-9.2%
USA
33.7%
👤 Median Age
35.9 years
This area
35.9 years
State
3.7 years
USA
38.9 years
🏚️ Vacancy Rate
31.9%
This area
31.9%
State
22.6%
USA
10.5%
👥 Population by Ethnicity
White 73.4%
Other/Mixed 23.0%
Hispanic/Latino 21.7%
Black/African American 2.8%
Asian 0.8%
👶 Under 18
31.7%
This area
31.7%
USA
22.0%
👴 65 and Over
18.0%
This area
18.0%
USA
17.3%
📊 Poverty Rate
10.7%
This area
10.7%
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 72842

A Avg School Grade
1 Schools
7.2:1 Avg Class Size
$15,414 Avg Per Pupil

Schools in This ZIP Code

A Very Good

WESTERN YELL CO. HIGH SCHOOL

📚 07 – 12 High School
👥
151 Students
👨‍🏫
7.2:1 Class Size
💰
$15,414 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

What are home prices like in Havana, AR?

The median home value in Havana, AR is roughly $155K. That puts it reasonable relative to the AR statewide average.

Is AR a landlord-friendly state?

Landlord-friendliness in Havana, AR is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

How strong is Havana, AR for real estate investors?

Havana, AR rates 3.0/5 for investability. With median values at $155K and rents near $828/mo, the market offers reasonable fundamentals for rental investors.

Can I house hack in Havana, AR?

Havana, AR offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $828/mo rent level.

Is the tenant base reliable in Havana, AR?

Tenant demand in Havana, AR is solid. The local workforce $828/mo rents across most rental classes.

You know 72842 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 72842 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.

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