Is Miller County, AR good for real estate investing?

Miller County has an investment score of 64/100, rated as "Buy". The county ranks #230 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Miller?

The rent-to-price ratio in Miller County is 8.60% annually, which ranks in the 95th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Miller?

The median home price in Miller County is $161,113. This ranks #194 in affordability among all US counties.

Can you cash flow on rental properties in Miller?

Based on median values with 20% down at current rates, a typical rental in Miller County would generate negative cash flow of $94/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Miller County

ArkansasPopulation: 42,682

/100

Buy

#230 of 1,000 counties

#16 in Arkansas (74 counties)

Market Snapshot

$161,113

Median Home Price

31% below national median

$1,155/mo

Median Rent

24% below national median

8.60%

Rent-to-Price Ratio

Top 5% nationally

-$94

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$161,113

Down Payment (20%)$32,223

Loan Amount$128,890

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,155

Monthly P&I-$845

Est. Expenses (35%)-$404

Net Cash Flow-$94/mo

5.6%

Cap Rate (all cash)

-3.0%

Cash-on-Cash Return

8.60%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

64/100

Cash Flow(30%)

86/100

Based on 8.60% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

39/100

Based on -2.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

79/100

Price-to-income ratio of 3.4x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (8.60%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Declining home values (-2.3% YoY)
-Negative leverage (cap rate 5.6% < mortgage rate 6.9%)

Economic Indicators

Population

42,682

Median Income

$47,613

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.4x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CurrentMillerAR	64	$161,113	$1,155	8.60%	Buy
SebastianAR	64	$198,950	$1,037	6.25%	Buy	View
PulaskiAR	64	$203,296	$1,148	6.78%	Buy	View
FaulknerAR	64	$250,392	$1,327	6.36%	Buy	View
PolkAR	64	$184,614	Est. pending	—	Buy	View
CleburneAR	63	$256,308	Est. pending	—	Buy	View

The Bottom Line

BuyMiller offers solid investment potential with good cash flow or appreciation prospects.

Miller County in Arkansas scores 64/100, ranking #230 of 1,000 US counties (top 30%). The 8.60% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow

$-94/mo

Cap Rate

5.6%

Cash-on-Cash

-3.0%

Ready to Analyze a Deal in Miller?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

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Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$161,113

Down Payment (20%)$32,223

Loan Amount$128,890

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,155

Monthly P&I-$845

Est. Expenses (35%)-$404

Net Cash Flow-$94/mo

5.6%

Cap Rate (all cash)

-3.0%

Cash-on-Cash Return

8.60%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

64/100

Cash Flow(30%)

86/100

Based on 8.60% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

39/100

Based on -2.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

79/100

Price-to-income ratio of 3.4x. Lower ratios indicate more affordable markets.

County

Verdict

CurrentMillerAR

$161,113

$1,155

8.60%

Buy

SebastianAR

$198,950

$1,037

6.25%

Buy

View

PulaskiAR

$203,296

$1,148

6.78%

Buy

View

FaulknerAR

$250,392

$1,327

6.36%

Buy

View

PolkAR

$184,614

Est. pending

—

Buy

View

CleburneAR

$256,308

Est. pending

—

Buy

View

The Bottom Line

BuyMiller offers solid investment potential with good cash flow or appreciation prospects.

Miller County in Arkansas scores 64/100, ranking #230 of 1,000 US counties (top 30%). The 8.60% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow

$-94/mo

Cap Rate

5.6%

Cash-on-Cash

-3.0%