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OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1365 S Jasmine Ln PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $116.84
CONSTRUCTION
- Beds : 0
- Floor Size : 1,254 sqft
- Baths : 2 Full
1365 S Jasmine Ln SCHOOLS
Financial Details
See Financial Details
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West 62
Neighborhood : West 62
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $987 per month.
MY RENT : $987 MEDIAN RENT : $1,046
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 $987 would therefore be considered affordable for annual household incomes greater than $39,480 (12 months x 3.333 x $987).
HOUSEHOLD INCOME RANGE
Approximately 190 of households in this neighborhood have a total annual income of $39,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $987 per month.
MINIMUM INCOME RANGE : $39,480
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
1365 S Jasmine Ln, Fayetteville, AR 72704 is a single family home of 1,254 sqft. HomeUnion INVESTimate® for 1365 S Jasmine Ln includes a Price Estimate of $146,520 and a Rent Estimate of $987. This single family home has 0 bedrooms,2 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 8.08% and Total Return of 19.84%. The estimated 1 year forecast in home value for 1365 S Jasmine Ln is 5.75%.
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