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1365 S Jasmine Ln PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $125.61
CONSTRUCTION
- Beds : 0
- Floor Size : 1,254 sqft
- Baths : 2 Full
1365 S Jasmine Ln SCHOOLS
Financial Details
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West 62
Neighborhood : West 62
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,037 per month.
MY RENT : $1,037 MEDIAN RENT : $1,044
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 $1,037 would therefore be considered affordable for annual household incomes greater than $41,480 (12 months x 3.333 x $1,037).
HOUSEHOLD INCOME RANGE
Approximately 185 of households in this neighborhood have a total annual income of $41,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,037 per month.
MINIMUM INCOME RANGE : $41,480
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.
West 62 Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 8.1% |
| Construction | 9.2% |
| Educational Services | 18.2% |
| Health Care & Social Assistance | 16.3% |
| Manufacturing | 10.1% |
| Retail & Wholesale Trader | 14.9% |
| Other | 23.3% |
AGE DISTRIBUTION
48% of the population is between the ages of 25 and 64, 44% is 24 or younger and 8% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.0% |
| 15-19 | 4.6% |
| 20-24 | 21.3% |
| 25-44 | 32.1% |
| 45-65 | 16.2% |
| 66+ | 7.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 5.2% |
| Healthcare | 12.9% |
| Management, Business, & Financial | 10.0% |
| Natural Resources Maintenance | 11.2% |
| Production & Transportation | 16.0% |
| Sales & Office | 26.9% |
| Other | 17.9% |
HIGHEST EDUCATION LEVEL
21% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 8.7% |
| High School | 25.2% |
| Masters Degree | 8.8% |
| Some College | 22.8% |
| Some High School | 12.1% |
| Other | 22.4% |
1365 S Jasmine Ln Comps
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1365 S Jasmine Ln, Fayetteville, AR 72704 is a single family home of 1,254 sqft. HomeUnion INVESTimateĀ® for 1365 S Jasmine Ln includes a Price Estimate of $157,513 and a Rent Estimate of $1,037. This single family home has 0 bedrooms,2 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 7.90% and Total Return of 24.58%. The estimated 1 year forecast in home value for 1365 S Jasmine Ln is 5.47%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AR , WASHINGTON County , or the 72704 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
