Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

15951 Cherry Cir Fayetteville, AR 72704

0 Beds 2 Baths 1,232 sqft Built 1986
Last updated:  Jul 30, 2018

INVESTimate

$151,150

$143K - $160K

Price Est.

$1,042

978 - $1.1K

Rent Est.

$159,841  ( +5.75%)   1 YR EST. FORECAST

Browse real estate investments on Cherry Cir

  1. 15944 Cherry Cir
  2. 15945 Cherry Cir
  3. 15951 Cherry Cir
  4. 15998 Cherry Cir
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 7518 Morley STREET Houston, TX
    • 11 beds 6 baths ∙ 3,016 Sqft ∙ Built 1980 ∙ 6units 11 beds 6 baths ∙ 3,016 Sqft ∙ Built 1980 ∙ 6units
    AVAILABLE
    • 14.87% GROSS YIELD
    • $18,272 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $345,000
    • $116,425
    • $4,275
  • 3134 MARIBELLE San Antonio, TX
    • 3 beds 2 baths ∙ 2,033 Sqft ∙ Built 1973 3 beds 2 baths ∙ 2,033 Sqft ∙ Built 1973
    AVAILABLE
    • 13.85% GROSS YIELD
    • $6,149 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $40,650
    • $1,270
  • 175 SPUR 3007 Scroggins, TX
    • 3 beds 3 baths ∙ 2,736 Sqft ∙ Built 1986 3 beds 3 baths ∙ 2,736 Sqft ∙ Built 1986
    AVAILABLE
    • 13.62% GROSS YIELD
    • $15,584 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $200,000
    • $64,500
    • $2,270
  • 2679 RED ROCK Street #202 Las Vegas, NV
    • 2 beds 1 baths ∙ 1,266 Sqft ∙ Built 1985 2 beds 1 baths ∙ 1,266 Sqft ∙ Built 1985
    AVAILABLE
    • 13.45% GROSS YIELD
    • $9,161 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $149,000
    • $50,985
    • $1,670

15951 Cherry Cir PROPERTY INFO

FACTS
  • Built In 1986
  • Price/Sqft : $122.69
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,232 sqft
  • Baths : 2 Full

15951 Cherry Cir SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FARMINGTON HIGH SCHOOL High Regular 643 52 7

FARMINGTON HIGH SCHOOL

  • Education Level: High
  • # of students: 643
  • # of teachers: 52
7
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

FAYETTEVILLE

  • 24,319

    POPULATION
  • 9,669

    HOUSEHOLDS
  • 77.1%

    WHITE COLLAR

Neighborhood : FAYETTEVILLE

HOUSEHOLDS
9,669
POPULATION

24,319

41.8%Renters
58.2%Home Owners
LABOR FORCE

 

77.1%White Collar
22.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,042 per month.

MY RENT : $1,042 MEDIAN RENT : $1,382

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.1%
$900-999 6.0%
$1,000-1,499 55.6%
>=$1,500 37.4%
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 $1,042 would therefore be considered affordable for annual household incomes greater than $41,680 (12 months x 3.333 x $1,042).

Rent % Affordability
Above $500 87.8%
Above $700 78.6%
Above $1,100 65.2%
Above $1,500 50.2%
Above $1,900 39.4%
HOUSEHOLD INCOME RANGE

Approximately 5,538 of households in this neighborhood have a total annual income of $41,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,042 per month.

MINIMUM INCOME RANGE : $41,680

Income % Distribution
<$20K 12.2%
$20K-$35K 14.4%
$35K-$60K 23.2%
$60K-$100K 26.2%
>=$100K 24.0%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 6.7%
10-14 mins 17.9%
15-19 mins 24.7%
20-29 mins 20.7%
30-44 mins 21.5%
45-59 mins 4.6%
>60 mins 2.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,042 per month.

MY RENT : $1,042 MEDIAN RENT : $1,382

Rent % Distribution
$500-699 0.0%
$700-899 1.1%
$900-999 6.0%
$1,000-1,499 55.6%
>=$1,500 37.4%
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 $1,042 would therefore be considered affordable for annual household incomes greater than $41,680 (12 months x 3.333 x $1,042).

Rent % Affordability
Above $500 87.8%
Above $700 78.6%
Above $1,100 65.2%
Above $1,500 50.2%
Above $1,900 39.4%
HOUSEHOLD INCOME RANGE

Approximately 5,538 of households in this neighborhood have a total annual income of $41,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,042 per month.

MINIMUM INCOME RANGE : $41,680

Income % Distribution
<$20K 12.2%
$20K-$35K 14.4%
$35K-$60K 23.2%
$60K-$100K 26.2%
>=$100K 24.0%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 6.7%
10-14 mins 17.9%
15-19 mins 24.7%
20-29 mins 20.7%
30-44 mins 21.5%
45-59 mins 4.6%
>60 mins 2.2%

FAYETTEVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.6%
Educational Services 15.7%
Health Care & Social Assistance 15.4%
Manufacturing 9.8%
Professional & Scientific Tech Services 10.0%
Retail & Wholesale Trader 14.8%
Other 25.9%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 39% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 22.2%
15-19 5.9%
20-24 11.3%
25-44 31.6%
45-65 19.3%
66+ 9.7%
OCCUPATION

Occupation % Distribution
Construction 9.3%
Healthcare 9.4%
Management, Business, & Financial 21.2%
Natural Resources Maintenance 6.7%
Production & Transportation 7.8%
Sales & Office 24.8%
Other 20.8%
HIGHEST EDUCATION LEVEL

26% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.2%
High School 20.2%
Masters Degree 12.0%
Some College 21.6%
Some High School 5.2%
Other 34.9%

15951 Cherry Cir Comps

Sorry, we do not have sufficient data available.

15951 Cherry Cir, Fayetteville, AR 72704 is a single family home of 1,232 sqft. HomeUnion INVESTimate® for 15951 Cherry Cir includes a Price Estimate of $151,150 and a Rent Estimate of $1,042. This single family home has 0 bedrooms,2 bathrooms, and was built in 1986. This property has an estimated 15 year annualized Yield of 8.27% and Total Return of 18.51%. The estimated 1 year forecast in home value for 15951 Cherry Cir 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