Real Estate Investing in Jessieville, Arkansas (71949)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 71949 (Jessieville, AR)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 46.5% of homes vacant — above national norms.
- Elevated poverty: 34.7% poverty rate — can affect rent collection.
- Lower household income: $25,167 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Jessieville, AR (71949)?
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Market Analysis: 71949 Jessieville
Put differently, ZIP 71949 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $160K median. It rewards specialists, not generalists.
For an experienced owner, 71949 can be a a viable market for hunting ground — but the discount at $160K reflects genuine risk that outside investors often underestimate.
ZIP 71949's metrics run below Garland County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 71949 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. durable returns are possible in 71949, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Jessieville:
Property Strategy for 71949
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $92,857 | $1,190 | 9.2% | +5.4% | $46,428 |
| 3BR | $199,569 | $1,530 | 5.5% | +5.7% | $66,523 |
Market Trends
Home Value History (with trend line)
📊 How Does 71949 Compare?
| Metric | 71949 | Jessieville | Hot Springs, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $159,531 | $159,531 | N/A | $216,341 |
| 5-Year CAGR | 1.6% | 1.6% | N/A | 5.7% |
| Avg Rent | $1,071 | $1,071 | N/A | - |
| Cap Rate | 5.2% | 5.2% | - | - |
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 71949 (Jessieville, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $159,531 |
| Monthly Rent | $1,071 |
| Price-to-Rent | 12.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.2% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | -0.8% ▼ |
| 5-Year CAGR | +1.6% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (5.2%). 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.
Demographics in 71949
Population: 1,075
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 71949
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 1,315 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Jessieville, AR better for rentals, flips, or BRRRR?
Jessieville, AR investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($160K prices, $1,071/mo rents) make it a reasonable choice.
What is the tenant pool like in Jessieville, AR?
The tenant pool in Jessieville, AR is solid, supported by local employment and population fundamentals. Rents of $1,071/mo are well-absorbed by the market.
Should investors consider Jessieville, AR?
The 3.0/5 investability rating in Jessieville, AR reflects its $160K prices and $1,071/mo rents. Investors generally consider it a solid option within AR.
Can I live-in-and-rent in Jessieville, AR?
The house hack math a challenging in Jessieville, AR. Owner-occupant buyers benefit from the $1,071/mo rents and $160K home values.
What are rental rates like in Jessieville, AR?
Rental rates in Jessieville, AR average $1,071/mo. Tenant demand and $160K home values make the yield look reasonable by investor standards.
You know 71949 now. You don’t know where it ranks.
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How 71949 ranks in Hot Springs, AR
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