Crittenden County presents a split underwriting question: the published county rent-and-yield case is usable, but MLS softening, net out-migration, and inland-flood exposure call for a narrower property screen. Investigators seeking current income may examine it; buyers reliant on quick resale, untested flood costs, or broad county averages should be cautious. Zillow is labeled 2026-06, while FHFA annual evidence is labeled 2025; these are distinct observations.
Zillow reports a $169,436 median home value and $1,255 monthly median asking market rent, supporting the supplied 8.89% gross yield before operating costs. HUD's $1,274 two-bedroom FMR is a payment standard, not an asking-rent estimate, and is not used to derive yield. The 0.62% effective property-tax rate is a stated carrying-cost input, but insurance, repairs, vacancy, and debt terms are not published, preventing a net-cash-flow conclusion. FHFA's repeat-transaction HPI rose 12.47% annually; it supports positive price direction but is neither a home value nor directly comparable to Zillow's later vintage.
Realtor.com MLS evidence is less accommodating: median listing prices fell 8.26% year over year, active listings rose 20.7%, and 16.51% of listings had price reductions. These are asking-price, visible-supply, marketing-time, and seller-concession measures—not closed-sale prices or proof of buyer demand—yet they warrant testing offer and resale assumptions. Migration was negative by 78 tax-return households, while inbound movers' average income was $4,442 below outbound movers'; this does not support a simple in-migration narrative. QCEW's workplace-based, not resident, covered employment rose 10.72%, while the largest disclosed private supersector, trade, transportation, and utilities, represented 41.76% of private covered jobs. Non-occupant purchase mortgages were 53 of 364, a 14.56% share.
Modeled annual climate loss equals 0.27% of building value and aligns with inland flood as the dominant hazard; it is a modeled loss ratio, not a site-specific insurance quote or dollar loss. Obtain parcel flood-zone and elevation history, insurance and deductible quotes, inspection scope, current lease and renewal data, and comparable closed sales. Those checks determine whether gross yield survives property costs, whether flood risk is priced at the asset, and whether listing signals translate into executable acquisition pricing.