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

3587 N Tower Cir Fayetteville, AR 72704

3 Beds 3 Baths 1,736 sqft Built 2003
Last updated:  Jan 23, 2020

INVESTimate

$200,199

$188K - $213K

Price Est.

$1,423

$1.3K - $1.5K

Rent Est.

$208,707  ( +4.25%)   1 YR EST. FORECAST
  
  
  

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

  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1092 Rebel Forest DRIVE Atlanta, GA
    • 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990
    AVAILABLE
    • 14.18% GROSS YIELD
    • $10,195 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $62,150
    • $1,300
  • 12448 ROYAL LAKE DRIVE Conroe, TX
    • 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993
    AVAILABLE
    • 13.18% GROSS YIELD
    • $7,391 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $111,995
    • $35,429
    • $1,230

3587 N Tower Cir PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $115.32
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,736 sqft
  • Baths : 2 Full 1 Half

3587 N Tower Cir SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HOLCOMB ELEMENTARY SCHOOL Primary Regular 569 34 6
FAYETTEVILLE HIGH SCHOOL EAST High Regular 1,824 140 6

HOLCOMB ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 569
  • # of teachers: 34
6
GreatSchools Rating

FAYETTEVILLE HIGH SCHOOL EAST

  • Education Level: High
  • # of students: 1,824
  • # of teachers: 140
6
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

Salem Village

  • 306

    POPULATION
  • 128

    HOUSEHOLDS
  • 82.5%

    WHITE COLLAR

Neighborhood : Salem Village

HOUSEHOLDS
128
POPULATION

306

31.7%Renters
68.3%Home Owners
LABOR FORCE

 

82.5%White Collar
17.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,423 per month.

MY RENT : $1,423 MEDIAN RENT : $1,354

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 88.3%
>=$1,500 11.7%
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 $1,423 would therefore be considered affordable for annual household incomes greater than $56,920 (12 months x 3.333 x $1,423).

Rent % Affordability
Above $500 96.1%
Above $700 92.2%
Above $1,100 82.9%
Above $1,500 62.8%
Above $1,900 49.0%
HOUSEHOLD INCOME RANGE

Approximately 83 of households in this neighborhood have a total annual income of $56,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,423 per month.

MINIMUM INCOME RANGE : $56,920

Income % Distribution
<$20K 3.9%
$20K-$35K 7.8%
$35K-$60K 25.6%
$60K-$100K 28.7%
>=$100K 34.1%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 6.4%
10-14 mins 20.3%
15-19 mins 26.2%
20-29 mins 24.4%
30-44 mins 16.3%
45-59 mins 4.1%
>60 mins 2.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,423 per month.

MY RENT : $1,423 MEDIAN RENT : $1,354

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 88.3%
>=$1,500 11.7%
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 $1,423 would therefore be considered affordable for annual household incomes greater than $56,920 (12 months x 3.333 x $1,423).

Rent % Affordability
Above $500 96.1%
Above $700 92.2%
Above $1,100 82.9%
Above $1,500 62.8%
Above $1,900 49.0%
HOUSEHOLD INCOME RANGE

Approximately 83 of households in this neighborhood have a total annual income of $56,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,423 per month.

MINIMUM INCOME RANGE : $56,920

Income % Distribution
<$20K 3.9%
$20K-$35K 7.8%
$35K-$60K 25.6%
$60K-$100K 28.7%
>=$100K 34.1%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 6.4%
10-14 mins 20.3%
15-19 mins 26.2%
20-29 mins 24.4%
30-44 mins 16.3%
45-59 mins 4.1%
>60 mins 2.3%

Salem Village Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.2%
Educational Services 20.3%
Health Care & Social Assistance 16.4%
Manufacturing 13.0%
Retail & Wholesale Trader 10.7%
Transportation 12.4%
Other 20.9%
AGE DISTRIBUTION

61% of the population is between the ages of 25 and 64, 34% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 25.2%
15-19 3.3%
20-24 5.2%
25-44 47.1%
45-65 13.7%
66+ 5.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.0%
Construction 12.7%
Healthcare 8.5%
Management, Business, & Financial 21.1%
Production & Transportation 7.0%
Sales & Office 22.5%
Other 21.1%
HIGHEST EDUCATION LEVEL

35% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.2%
Doctorate 6.7%
High School 10.5%
Masters Degree 18.7%
Some College 18.7%
Other 39.2%

3587 N Tower Cir Comps

Sorry, we do not have sufficient data available.

3587 N Tower Cir, Fayetteville, AR 72704 is a single family home of 1,736 sqft. HomeUnion INVESTimateĀ® for 3587 N Tower Cir includes a Price Estimate of $200,199 and a Rent Estimate of $1,423. This single family home has 3 bedrooms,3 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 8.53% and Total Return of 22.85%. The estimated 1 year forecast in home value for 3587 N Tower Cir is 4.25%.

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

Nearest zipcodes within 2 miles

  1. 72756
  2. 72703
  3. 72701
  4. 72764