400 Horse Creek Rd PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $60.58
CONSTRUCTION
- Beds : 0
- Floor Size : 1,496 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
400 Horse Creek Rd, Sulphur Springs, AR 72768 is a single family home of 1,496 sqft. HomeUnion estimate for 400 Horse Creek Rd includes a Price Estimate of $90,624 and a Rent Estimate of $840. This single family home has 0 bedrooms, 2 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 11.12% and Total Return of 22.27%. The estimated 1 year forecast in home value for 400 Horse Creek Rd is 4.52%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
400 Horse Creek Rd SCHOOLS
Financial Details
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SULPHUR SPRINGS
Neighborhood : SULPHUR SPRINGS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 79% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $840 per month.
MY RENT : $840 MEDIAN RENT : $987
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 $840 would therefore be considered affordable for annual household incomes greater than $33,600 (12 months x 3.333 x $840).
HOUSEHOLD INCOME RANGE
Approximately 791 of households in this neighborhood have a total annual income of $33,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $840 per month.
MINIMUM INCOME RANGE : $33,600
COMMUTE TIME DISTRIBUTION
54% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.
SULPHUR SPRINGS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 7.8% |
Construction | 6.4% |
Educational Services | 13.7% |
Health Care & Social Assistance | 9.1% |
Manufacturing | 11.9% |
Retail & Wholesale Trader | 18.3% |
Other | 32.8% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 31% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.0% |
15-19 | 7.8% |
20-24 | 3.4% |
25-44 | 22.7% |
45-65 | 32.6% |
66+ | 13.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 9.7% |
Healthcare | 12.7% |
Management, Business, & Financial | 16.8% |
Natural Resources Maintenance | 15.6% |
Production & Transportation | 15.8% |
Sales & Office | 16.3% |
Other | 13.1% |
HIGHEST EDUCATION LEVEL
11% 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 | 39.2% |
Masters Degree | 3.6% |
Some College | 21.3% |
Some High School | 13.5% |
Other | 15.4% |
400 Horse Creek Rd Comps
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