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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

11228 N Highway 59 Cedarville, AR 72932

0 Beds 1 Baths 1,451 sqft Built 2001
Last updated:  Jan 23, 2020

INVESTimate

$124,885

$117K - $133K

Price Est.

$646

588 - 704

Rent Est.

$127,108  ( +1.78%)   1 YR EST. FORECAST
  
  
  

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11228 N Highway 59 PROPERTY INFO

FACTS
  • Built In 2001
  • Price/Sqft : $86.07
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,451 sqft
  • Baths : 1 Full

11228 N Highway 59 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CEDARVILLE MIDDLE SCHOOL Primary Regular 282 19 6
CEDARVILLE MIDDLE SCHOOL Middle Regular 282 19 6
CEDARVILLE HIGH SCHOOL High Regular 302 27 6

CEDARVILLE MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 282
  • # of teachers: 19
6
GreatSchools Rating

CEDARVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 282
  • # of teachers: 19
6
GreatSchools Rating

CEDARVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 302
  • # of teachers: 27
6
GreatSchools Rating
 

Financial Details

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Neighborhood

CEDARVILLE

  • 1,507

    POPULATION
  • 574

    HOUSEHOLDS
  • 45.2%

    WHITE COLLAR

Neighborhood : CEDARVILLE

HOUSEHOLDS
574
POPULATION

1,507

11.2%Renters
88.8%Home Owners
LABOR FORCE

 

45.2%White Collar
54.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $646 per month.

MY RENT : $646 MEDIAN RENT : $894

Rent % Distribution LEVEL
$500-699 24.3%
$700-899 26.1%
$900-999 8.6%
$1,000-1,499 39.5%
>=$1,500 1.4%
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 $646 would therefore be considered affordable for annual household incomes greater than $25,840 (12 months x 3.333 x $646).

Rent % Affordability
Above $500 73.0%
Above $700 63.4%
Above $1,100 47.6%
Above $1,500 27.4%
Above $1,900 19.1%
HOUSEHOLD INCOME RANGE

Approximately 1,379 of households in this neighborhood have a total annual income of $25,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $646 per month.

MINIMUM INCOME RANGE : $25,840

Income % Distribution
<$20K 27.0%
$20K-$35K 20.1%
$35K-$60K 25.5%
$60K-$100K 18.9%
>=$100K 8.5%
COMMUTE TIME DISTRIBUTION

74% of the working population has a commute time of 15 to 44 minutes, 6% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.3%
5-9 mins 2.1%
10-14 mins 3.8%
15-19 mins 15.9%
20-29 mins 22.6%
30-44 mins 35.2%
45-59 mins 16.2%
>60 mins 3.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $646 per month.

MY RENT : $646 MEDIAN RENT : $894

Rent % Distribution
$500-699 24.3%
$700-899 26.1%
$900-999 8.6%
$1,000-1,499 39.5%
>=$1,500 1.4%
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 $646 would therefore be considered affordable for annual household incomes greater than $25,840 (12 months x 3.333 x $646).

Rent % Affordability
Above $500 73.0%
Above $700 63.4%
Above $1,100 47.6%
Above $1,500 27.4%
Above $1,900 19.1%
HOUSEHOLD INCOME RANGE

Approximately 1,379 of households in this neighborhood have a total annual income of $25,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $646 per month.

MINIMUM INCOME RANGE : $25,840

Income % Distribution
<$20K 27.0%
$20K-$35K 20.1%
$35K-$60K 25.5%
$60K-$100K 18.9%
>=$100K 8.5%
COMMUTE TIME DISTRIBUTION

74% of the working population has a commute time of 15 to 44 minutes, 6% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.3%
5-9 mins 2.1%
10-14 mins 3.8%
15-19 mins 15.9%
20-29 mins 22.6%
30-44 mins 35.2%
45-59 mins 16.2%
>60 mins 3.8%

CEDARVILLE Demographics

INDUSTRY

Industry % Distribution
Construction 10.2%
Educational Services 9.0%
Health Care & Social Assistance 9.9%
Manufacturing 13.6%
Retail & Wholesale Trader 21.2%
Transportation 9.9%
Other 26.3%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 27% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 15.5%
15-19 6.6%
20-24 5.2%
25-44 26.6%
45-65 29.9%
66+ 16.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.8%
Healthcare 11.0%
Management, Business, & Financial 7.5%
Natural Resources Maintenance 15.7%
Production & Transportation 25.2%
Sales & Office 23.5%
Other 11.2%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.8%
High School 40.2%
Masters Degree 5.8%
Some College 24.5%
Some High School 16.2%
Other 6.4%

11228 N Highway 59 Comps

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11228 N Highway 59, Cedarville, AR 72932 is a single family home of 1,451 sqft. HomeUnion INVESTimateĀ® for 11228 N Highway 59 includes a Price Estimate of $124,885 and a Rent Estimate of $646. This single family home has 0 bedrooms,1 bathrooms, and was built in 2001. This property has an estimated 15 year annualized Yield of 6.21% and Total Return of 10.10%. The estimated 1 year forecast in home value for 11228 N Highway 59 is 1.78%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AR , CRAWFORD County , or the 72932 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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