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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

1001 Mallard Dr Diamond City, AR 72644

0 Beds 1 Baths 736 sqft Built 0
Last updated:  Jan 23, 2020

INVESTimate

$71,352

$66.1K - $76.6K

Price Est.

$553

481 - 625

Rent Est.

$72,929  ( +2.21%)   1 YR EST. FORECAST
  
  
  

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1001 Mallard Dr PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $96.95
CONSTRUCTION
  • Beds : 0
  • Floor Size : 736 sqft
  • Baths : 1 Full

1001 Mallard Dr SCHOOLS

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Financial Details

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Neighborhood

LEAD HILL

  • 2,734

    POPULATION
  • 1,206

    HOUSEHOLDS
  • 46.5%

    WHITE COLLAR

Neighborhood : LEAD HILL

HOUSEHOLDS
1,206
POPULATION

2,734

20.3%Renters
79.7%Home Owners
LABOR FORCE

 

46.5%White Collar
53.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 87% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $553 per month.

MY RENT : $553 MEDIAN RENT : $700

Rent % Distribution LEVEL
$400-699 49.7%
$700-899 32.7%
$900-999 4.9%
$1,000-1,499 11.8%
>=$1,500 1.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $553 would therefore be considered affordable for annual household incomes greater than $22,120 (12 months x 3.333 x $553).

Rent % Affordability
Above $500 66.3%
Above $700 50.1%
Above $1,100 30.6%
Above $1,500 15.6%
Above $1,900 9.1%
HOUSEHOLD INCOME RANGE

Approximately 3,375 of households in this neighborhood have a total annual income of $22,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $553 per month.

MINIMUM INCOME RANGE : $22,120

Income % Distribution
<$20K 33.7%
$20K-$35K 25.6%
$35K-$60K 25.1%
$60K-$100K 12.0%
>=$100K 3.7%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 10.6%
10-14 mins 8.3%
15-19 mins 10.5%
20-29 mins 8.6%
30-44 mins 43.2%
45-59 mins 8.3%
>60 mins 8.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 87% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $553 per month.

MY RENT : $553 MEDIAN RENT : $700

Rent % Distribution
$400-699 49.7%
$700-899 32.7%
$900-999 4.9%
$1,000-1,499 11.8%
>=$1,500 1.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $553 would therefore be considered affordable for annual household incomes greater than $22,120 (12 months x 3.333 x $553).

Rent % Affordability
Above $500 66.3%
Above $700 50.1%
Above $1,100 30.6%
Above $1,500 15.6%
Above $1,900 9.1%
HOUSEHOLD INCOME RANGE

Approximately 3,375 of households in this neighborhood have a total annual income of $22,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $553 per month.

MINIMUM INCOME RANGE : $22,120

Income % Distribution
<$20K 33.7%
$20K-$35K 25.6%
$35K-$60K 25.1%
$60K-$100K 12.0%
>=$100K 3.7%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 10.6%
10-14 mins 8.3%
15-19 mins 10.5%
20-29 mins 8.6%
30-44 mins 43.2%
45-59 mins 8.3%
>60 mins 8.3%

LEAD HILL Demographics

INDUSTRY

Industry % Distribution
Educational Services 15.0%
Financial Industries 8.1%
Manufacturing 12.6%
Public Administration 11.0%
Retail & Wholesale Trader 8.1%
Transportation 12.1%
Other 33.2%
AGE DISTRIBUTION

44% of the population is between the ages of 25 and 64, 23% is 24 or younger and 33% is 65 or older.

Age % Distribution
<15 16.9%
15-19 3.3%
20-24 2.7%
25-44 17.7%
45-65 26.3%
66+ 33.0%
OCCUPATION

Occupation % Distribution
Clean 4.6%
Healthcare 4.4%
Management, Business, & Financial 15.8%
Natural Resources Maintenance 13.3%
Production & Transportation 23.1%
Sales & Office 24.5%
Other 14.3%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.4%
High School 31.6%
Masters Degree 3.6%
Some College 33.6%
Some High School 21.0%
Other 5.7%

1001 Mallard Dr Comps

Sorry, we do not have sufficient data available.

1001 Mallard Dr, Diamond City, AR 72644 is a single family home of 736 sqft. HomeUnion INVESTimateĀ® for 1001 Mallard Dr includes a Price Estimate of $71,352 and a Rent Estimate of $553. This single family home has 0 bedrooms,1 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 9.30% and Total Return of 15.12%. The estimated 1 year forecast in home value for 1001 Mallard Dr is 2.21%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AR , BOONE County , or the 72644 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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