INVESTimate
$41,377
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109 White Dr PROPERTY INFO
FACTS
- Built In 2015
- Price/Sqft : $146.80
CONSTRUCTION
- Beds : 0
- Floor Size : 768 sqft
- Baths : 2 Full
109 White Dr SCHOOLS
Financial Details
See Financial Details
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SMITHVILLE
Neighborhood : SMITHVILLE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $726 per month.
MY RENT : $726 MEDIAN RENT : $724
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 $726 would therefore be considered affordable for annual household incomes greater than $29,040 (12 months x 3.333 x $726).
HOUSEHOLD INCOME RANGE
Approximately 755 of households in this neighborhood have a total annual income of $29,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $726 per month.
MINIMUM INCOME RANGE : $29,040
COMMUTE TIME DISTRIBUTION
47% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
SMITHVILLE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 10.7% |
Construction | 14.0% |
Educational Services | 19.7% |
Health Care & Social Assistance | 8.7% |
Manufacturing | 13.5% |
Retail & Wholesale Trader | 12.4% |
Other | 21.1% |
AGE DISTRIBUTION
46% of the population is between the ages of 25 and 64, 34% is 24 or younger and 20% is 65 or older.
Age | % Distribution |
---|---|
<15 | 24.0% |
15-19 | 6.4% |
20-24 | 3.7% |
25-44 | 21.7% |
45-65 | 24.0% |
66+ | 20.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 5.7% |
Construction | 18.2% |
Management, Business, & Financial | 15.2% |
Natural Resources Maintenance | 20.1% |
Production & Transportation | 16.7% |
Sales & Office | 14.8% |
Other | 9.5% |
HIGHEST EDUCATION LEVEL
16% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.9% |
High School | 39.7% |
Masters Degree | 7.3% |
Some College | 20.6% |
Some High School | 12.7% |
Other | 11.7% |
109 White Dr Comps
109 White Dr, Smithville, AR 72466 is a single family home of 768 sqft. HomeUnion INVESTimate® for 109 White Dr includes a Price Estimate of $112,742 and a Rent Estimate of $726. This single family home has 0 bedrooms,2 bathrooms, and was built in 2015. This property has an estimated 15 year annualized Yield of 7.73% and Total Return of 12.42%. The estimated 1 year forecast in home value for 109 White Dr is 2.5%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AR, SHARP County, or the 72466 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2