Real Estate Investing in Hackett, Arkansas (72937)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72937 (Hackett, AR)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.7% 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 Hackett, AR (72937)?
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Market Analysis: 72937 Hackett
The 72937 ZIP in Hackett, AR is a local-operator market. Outside capital chasing a $211K entry has to pair deep knowledge with the discount.
The investment case in 72937 is robust only for operators who understand what they are buying. A $211K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within AR, ZIP 72937 trails on several market indicators that neighboring Sebastian County submarkets outperform. The gap is real and solid enough to shape underwriting.
The demographic picture in 72937 includes headwinds that any investor should price in. Income distribution skews lower than Hackett averages, and tenant stability requires active management.
The 72937 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 Hackett:
Market Trends
Home Value History (with trend line)
📊 How Does 72937 Compare?
| Metric | 72937 | Hackett | Fort Smith, AR-OK | Arkansas |
|---|---|---|---|---|
| Home Value | $210,849 | $210,849 | N/A | $216,341 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 5.7% |
| Avg Rent | $846 | $846 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 72937 (Hackett, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $210,849 |
| Monthly Rent | $846 |
| Price-to-Rent | 20.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (3.1%). 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 72937
Population: 3,546
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 72937
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
What is the typical home price in Hackett, AR?
Homes in Hackett, AR typically sell near $211K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
Are renters plentiful in Hackett, AR?
Hackett, AR draws a consistent base of working renters. Demand at the $846/mo rent level is reasonable for standard single-family and small multi rentals.
What is it like being a landlord in Hackett, AR?
AR law landlord-friendly for landlords, and Hackett inherits those rules. Investors should still review local ordinances for rental licensing.
Is Hackett, AR a good market for FHA house hackers?
Hackett, AR offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $846/mo rent level.
Which investment style suits Hackett, AR?
Investors usually favor careful cash-flow rentals with hands-on management in Hackett, AR. With home values at $211K and rents near $846/mo, other strategies can work but produce predictable rather than outsized returns.
You know 72937 now. You don’t know where it ranks.
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How 72937 ranks in Fort Smith, AR-OK
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