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16120 Peach Cir PROPERTY INFO
FACTS
- Built In 1995
- Price/Sqft : $38.24
CONSTRUCTION
- Beds : 0
- Floor Size : 1,820 sqft
- Baths : 2 Full
16120 Peach Cir SCHOOLS
Financial Details
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FAYETTEVILLE
Neighborhood : FAYETTEVILLE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 77% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,144 per month.
MY RENT : $1,144 MEDIAN RENT : $1,382
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 $1,144 would therefore be considered affordable for annual household incomes greater than $45,760 (12 months x 3.333 x $1,144).
HOUSEHOLD INCOME RANGE
Approximately 5,386 of households in this neighborhood have a total annual income of $45,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,144 per month.
MINIMUM INCOME RANGE : $45,760
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.
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% |
16120 Peach Cir Comps
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16120 Peach Cir, Fayetteville, AR 72704 is a single family home of 1,820 sqft. HomeUnion INVESTimate® for 16120 Peach Cir includes a Price Estimate of $69,592 and a Rent Estimate of $1,144. This single family home has 0 bedrooms,2 bathrooms, and was built in 1995. This property has an estimated 15 year annualized Yield of 19.73% and Total Return of 46.84%. The estimated 1 year forecast in home value for 16120 Peach 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
