Real Estate Investing in Ozark, Arkansas (72949)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72949 (Ozark, 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.
- High vacancy: 14.7% 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 Ozark, AR (72949)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 72949 Ozark
This part of Franklin County is not an easy win. The 72949 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 72949 is significant only for operators who understand what they are buying. A $176K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Ozark have seen price recovery that 72949 has not matched. Franklin County data supports the view that the spread is structural rather than temporary.
Who lives in 72949 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 72949 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Ozark:
Market Trends
Home Value History (with trend line)
📊 How Does 72949 Compare?
| Metric | 72949 | Ozark | Fort Smith, AR-OK | Arkansas |
|---|---|---|---|---|
| Home Value | $175,950 | $175,950 | N/A | $216,341 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 5.7% |
| Avg Rent | $801 | $801 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 72949 (Ozark, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $175,950 |
| Monthly Rent | $801 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (3.6%). 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 72949
Population: 9,474
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 72949
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.
Frequently Asked Questions
What is the median home value in Ozark, AR?
Typical homes in Ozark, AR go for around $176K. The 5-year CAGR of 0.0% measured price movement.
What is the typical renter like in Ozark, AR?
Ozark, AR offers a measured renter base at the $801/mo rent level. Tenant turnover is reasonable for well-managed properties.
Does a duplex house hack pencil in Ozark, AR?
For house hackers, Ozark, AR is a challenging. The $801/mo rent on a unit helps defray the mortgage on a $176K property.
How tight is the rental market in Ozark, AR?
Vacancy risk in Ozark, AR is elevated. That supports even-keeled cash flow for typical rental holds.
Is rental property easy to operate in Ozark, AR?
The landlord environment in Ozark, AR is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 72949 now. You don’t know where it ranks.
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How 72949 ranks in Fort Smith, AR-OK
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