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3175 W Oakfield St PROPERTY INFO
FACTS
- Built In 1994
- Price/Sqft : $148.15
CONSTRUCTION
- Beds : 0
- Floor Size : 949 sqft
- Baths : 2 Full
3175 W Oakfield St SCHOOLS
Financial Details
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Bridgeport
Neighborhood : Bridgeport
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 $1,002 per month.
MY RENT : $1,002 MEDIAN RENT : $1,268
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 $1,002 would therefore be considered affordable for annual household incomes greater than $40,080 (12 months x 3.333 x $1,002).
HOUSEHOLD INCOME RANGE
Approximately 1,371 of households in this neighborhood have a total annual income of $40,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,002 per month.
MINIMUM INCOME RANGE : $40,080
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.
Bridgeport Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 7.0% |
| Educational Services | 18.0% |
| Health Care & Social Assistance | 19.4% |
| Professional & Scientific Tech Services | 10.9% |
| Retail & Wholesale Trader | 13.9% |
| Transportation | 5.2% |
| Other | 25.6% |
AGE DISTRIBUTION
48% of the population is between the ages of 25 and 64, 47% is 24 or younger and 5% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 21.9% |
| 15-19 | 6.0% |
| 20-24 | 19.0% |
| 25-44 | 31.7% |
| 45-65 | 16.7% |
| 66+ | 4.7% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 8.3% |
| Construction | 12.6% |
| Healthcare | 9.4% |
| Management, Business, & Financial | 30.8% |
| Natural Resources Maintenance | 5.2% |
| Sales & Office | 18.5% |
| Other | 15.1% |
HIGHEST EDUCATION LEVEL
29% 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 | 17.3% |
| Masters Degree | 12.7% |
| Professional | 5.3% |
| Some College | 25.7% |
| Other | 31.9% |
3175 W Oakfield St Comps
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3175 W Oakfield St, Fayetteville, AR 72704 is a single family home of 949 sqft. HomeUnion INVESTimate® for 3175 W Oakfield St includes a Price Estimate of $140,590 and a Rent Estimate of $1,002. This single family home has 0 bedrooms,2 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 8.55% and Total Return of 21.27%. The estimated 1 year forecast in home value for 3175 W Oakfield St 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
