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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

124 Horse Creek Rd Sulphur Springs, AR 72768

0 Beds 0 Baths 1,280 sqft Built 1995
Last updated:  Nov 28, 2019

INVESTimate

$59,339

$55.5K - $63.2K

Price Est.

$852

784 - 920

Rent Est.

$62,021  ( +4.52%)   1 YR EST. FORECAST
  
  
  

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124 Horse Creek Rd PROPERTY INFO

FACTS
  • Built In 1995
  • Price/Sqft : $46.36
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,280 sqft
  • Baths : 0 Full

124 Horse Creek Rd SCHOOLS

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Financial Details

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Neighborhood

SULPHUR SPRINGS

  • 1,083

    POPULATION
  • 440

    HOUSEHOLDS
  • 62.3%

    WHITE COLLAR

Neighborhood : SULPHUR SPRINGS

HOUSEHOLDS
440
POPULATION

1,083

20.5%Renters
79.5%Home Owners
LABOR FORCE

 

62.3%White Collar
37.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 61% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $852 per month.

MY RENT : $852 MEDIAN RENT : $896

Rent % Distribution LEVEL
$500-699 1.2%
$700-899 49.7%
$900-999 19.8%
$1,000-1,499 22.5%
>=$1,500 6.9%
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 $852 would therefore be considered affordable for annual household incomes greater than $34,080 (12 months x 3.333 x $852).

Rent % Affordability
Above $500 81.1%
Above $700 75.9%
Above $1,100 61.0%
Above $1,500 44.3%
Above $1,900 37.2%
HOUSEHOLD INCOME RANGE

Approximately 790 of households in this neighborhood have a total annual income of $34,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $852 per month.

MINIMUM INCOME RANGE : $34,080

Income % Distribution
<$20K 18.9%
$20K-$35K 12.3%
$35K-$60K 24.5%
$60K-$100K 20.5%
>=$100K 23.9%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.1%
5-9 mins 6.1%
10-14 mins 14.8%
15-19 mins 16.1%
20-29 mins 14.2%
30-44 mins 23.4%
45-59 mins 11.2%
>60 mins 7.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 61% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $852 per month.

MY RENT : $852 MEDIAN RENT : $896

Rent % Distribution
$500-699 1.2%
$700-899 49.7%
$900-999 19.8%
$1,000-1,499 22.5%
>=$1,500 6.9%
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 $852 would therefore be considered affordable for annual household incomes greater than $34,080 (12 months x 3.333 x $852).

Rent % Affordability
Above $500 81.1%
Above $700 75.9%
Above $1,100 61.0%
Above $1,500 44.3%
Above $1,900 37.2%
HOUSEHOLD INCOME RANGE

Approximately 790 of households in this neighborhood have a total annual income of $34,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $852 per month.

MINIMUM INCOME RANGE : $34,080

Income % Distribution
<$20K 18.9%
$20K-$35K 12.3%
$35K-$60K 24.5%
$60K-$100K 20.5%
>=$100K 23.9%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.1%
5-9 mins 6.1%
10-14 mins 14.8%
15-19 mins 16.1%
20-29 mins 14.2%
30-44 mins 23.4%
45-59 mins 11.2%
>60 mins 7.1%

SULPHUR SPRINGS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 7.8%
Construction 6.4%
Educational Services 13.7%
Health Care & Social Assistance 9.1%
Manufacturing 11.9%
Retail & Wholesale Trader 18.3%
Other 32.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 31% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 20.0%
15-19 7.8%
20-24 3.4%
25-44 22.7%
45-65 32.6%
66+ 13.5%
OCCUPATION

Occupation % Distribution
Construction 9.7%
Healthcare 12.7%
Management, Business, & Financial 16.8%
Natural Resources Maintenance 15.6%
Production & Transportation 15.8%
Sales & Office 16.3%
Other 13.1%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.0%
High School 39.2%
Masters Degree 3.6%
Some College 21.3%
Some High School 13.5%
Other 15.4%

124 Horse Creek Rd Comps

Sorry, we do not have sufficient data available.

124 Horse Creek Rd, Sulphur Springs, AR 72768 is a single family home of 1,280 sqft. HomeUnion INVESTimateĀ® for 124 Horse Creek Rd includes a Price Estimate of $59,339 and a Rent Estimate of $852. This single family home has 0 bedrooms,0 bathrooms, and was built in 1995. This property has an estimated 15 year annualized Yield of 17.23% and Total Return of 33.33%. The estimated 1 year forecast in home value for 124 Horse Creek Rd is 4.52%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AR , BENTON County , or the 72768 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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