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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

412 S Black Ave Sulphur Springs, AR 72768

0 Beds 2 Baths 1,599 sqft Built 0
Last updated:  Nov 28, 2019

INVESTimate

$67,929

$63.6K - $72.3K

Price Est.

$958

881 - $1.0K

Rent Est.

$72,433  ( +6.63%)   1 YR EST. FORECAST
  
  
  

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412 S Black Ave PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $42.48
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,599 sqft
  • Baths : 2 Full

412 S Black Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GRAVETTE UPPER ELEMENTARY SCHOOL Primary Regular 391 22 7
GRAVETTE MIDDLE SCHOOL Middle Regular 447 28 8
GRAVETTE HIGH SCHOOL High Regular 559 38 8

GRAVETTE UPPER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 391
  • # of teachers: 22
7
GreatSchools Rating

GRAVETTE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 447
  • # of teachers: 28
8
GreatSchools Rating

GRAVETTE HIGH SCHOOL

  • Education Level: High
  • # of students: 559
  • # of teachers: 38
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Sulphur Springs

  • 177

    POPULATION
  • 73

    HOUSEHOLDS
  • 59.1%

    WHITE COLLAR

Neighborhood : Sulphur Springs

HOUSEHOLDS
73
POPULATION

177

26.6%Renters
73.4%Home Owners
LABOR FORCE

 

59.1%White Collar
40.9%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 $958 per month.

MY RENT : $958 MEDIAN RENT : $835

Rent % Distribution LEVEL
$500-699 0.9%
$700-899 63.0%
$900-999 19.4%
$1,000-1,499 15.7%
>=$1,500 0.9%
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 $958 would therefore be considered affordable for annual household incomes greater than $38,320 (12 months x 3.333 x $958).

Rent % Affordability
Above $500 77.9%
Above $700 57.7%
Above $1,100 42.1%
Above $1,500 24.7%
Above $1,900 17.8%
HOUSEHOLD INCOME RANGE

Approximately 27 of households in this neighborhood have a total annual income of $38,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $958 per month.

MINIMUM INCOME RANGE : $38,320

Income % Distribution
<$20K 22.1%
$20K-$35K 24.7%
$35K-$60K 28.6%
$60K-$100K 16.9%
>=$100K 7.8%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 16.1%
10-14 mins 9.7%
15-19 mins 27.4%
20-29 mins 21.0%
30-44 mins 9.7%
45-59 mins 1.6%
>60 mins 9.7%
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 $958 per month.

MY RENT : $958 MEDIAN RENT : $835

Rent % Distribution
$500-699 0.9%
$700-899 63.0%
$900-999 19.4%
$1,000-1,499 15.7%
>=$1,500 0.9%
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 $958 would therefore be considered affordable for annual household incomes greater than $38,320 (12 months x 3.333 x $958).

Rent % Affordability
Above $500 77.9%
Above $700 57.7%
Above $1,100 42.1%
Above $1,500 24.7%
Above $1,900 17.8%
HOUSEHOLD INCOME RANGE

Approximately 27 of households in this neighborhood have a total annual income of $38,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $958 per month.

MINIMUM INCOME RANGE : $38,320

Income % Distribution
<$20K 22.1%
$20K-$35K 24.7%
$35K-$60K 28.6%
$60K-$100K 16.9%
>=$100K 7.8%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 16.1%
10-14 mins 9.7%
15-19 mins 27.4%
20-29 mins 21.0%
30-44 mins 9.7%
45-59 mins 1.6%
>60 mins 9.7%

Sulphur Springs Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.5%
Construction 9.5%
Health Care & Social Assistance 6.3%
Manufacturing 11.1%
Public Administration 6.3%
Retail & Wholesale Trader 27.0%
Other 30.2%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 38% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 24.3%
15-19 13.0%
20-24 0.6%
25-44 22.6%
45-65 27.7%
66+ 11.9%
OCCUPATION

Occupation % Distribution
Education 2.6%
Healthcare 17.9%
Management, Business, & Financial 28.2%
Natural Resources Maintenance 15.4%
Production & Transportation 20.5%
Sales & Office 10.3%
Other 5.1%
HIGHEST EDUCATION LEVEL

5% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 1.8%
High School 35.1%
Masters Degree 2.7%
Some College 30.6%
Some High School 23.4%
Other 6.3%

412 S Black Ave Comps

Sorry, we do not have sufficient data available.

412 S Black Ave, Sulphur Springs, AR 72768 is a single family home of 1,599 sqft. HomeUnion INVESTimateĀ® for 412 S Black Ave includes a Price Estimate of $67,929 and a Rent Estimate of $958. This single family home has 0 bedrooms,2 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 16.92% and Total Return of 35.61%. The estimated 1 year forecast in home value for 412 S Black Ave is 6.63%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AR , BENTON County , or the 72768 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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