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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

425 S Main St Carthage, AR 71725

0 Beds 1 Baths 840 sqft Built 1997
Last updated:  Dec 26, 2019

INVESTimate

$195,686

$180K - $211K

Price Est.

$555

483 - 627

Rent Est.

$195,686  ( 0%)   1 YR EST. FORECAST
  
  
  

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425 S Main St PROPERTY INFO

FACTS
  • Built In 1997
  • Price/Sqft : $232.96
CONSTRUCTION
  • Beds : 0
  • Floor Size : 840 sqft
  • Baths : 1 Full

425 S Main St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WILSON INTERMEDIATE SCHOOL Primary Regular 318 20 4
WILSON INTERMEDIATE SCHOOL Middle Regular 318 20 4
MALVERN HIGH SCHOOL High Regular 593 47 4

WILSON INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 318
  • # of teachers: 20
4
GreatSchools Rating

WILSON INTERMEDIATE SCHOOL

  • Education Level: Middle
  • # of students: 318
  • # of teachers: 20
4
GreatSchools Rating

MALVERN HIGH SCHOOL

  • Education Level: High
  • # of students: 593
  • # of teachers: 47
4
GreatSchools Rating
 

Financial Details

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Neighborhood

CARTHAGE

  • 619

    POPULATION
  • 229

    HOUSEHOLDS
  • 30.4%

    WHITE COLLAR

Neighborhood : CARTHAGE

HOUSEHOLDS
229
POPULATION

619

18.6%Renters
81.4%Home Owners
LABOR FORCE

 

30.4%White Collar
69.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $555 per month.

MY RENT : $555 MEDIAN RENT : $697

Rent % Distribution LEVEL
$500-699 50.9%
$700-899 41.3%
$900-999 5.7%
$1,000-1,499 2.2%
>=$1,500 0.0%
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 $555 would therefore be considered affordable for annual household incomes greater than $22,200 (12 months x 3.333 x $555).

Rent % Affordability
Above $500 81.0%
Above $700 71.2%
Above $1,100 44.2%
Above $1,500 24.6%
Above $1,900 16.3%
HOUSEHOLD INCOME RANGE

Approximately 598 of households in this neighborhood have a total annual income of $22,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $555 per month.

MINIMUM INCOME RANGE : $22,200

Income % Distribution
<$20K 19.0%
$20K-$35K 21.1%
$35K-$60K 35.3%
$60K-$100K 19.4%
>=$100K 5.2%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.5%
5-9 mins 8.4%
10-14 mins 3.4%
15-19 mins 2.0%
20-29 mins 12.3%
30-44 mins 52.7%
45-59 mins 14.3%
>60 mins 6.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $555 per month.

MY RENT : $555 MEDIAN RENT : $697

Rent % Distribution
$500-699 50.9%
$700-899 41.3%
$900-999 5.7%
$1,000-1,499 2.2%
>=$1,500 0.0%
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 $555 would therefore be considered affordable for annual household incomes greater than $22,200 (12 months x 3.333 x $555).

Rent % Affordability
Above $500 81.0%
Above $700 71.2%
Above $1,100 44.2%
Above $1,500 24.6%
Above $1,900 16.3%
HOUSEHOLD INCOME RANGE

Approximately 598 of households in this neighborhood have a total annual income of $22,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $555 per month.

MINIMUM INCOME RANGE : $22,200

Income % Distribution
<$20K 19.0%
$20K-$35K 21.1%
$35K-$60K 35.3%
$60K-$100K 19.4%
>=$100K 5.2%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.5%
5-9 mins 8.4%
10-14 mins 3.4%
15-19 mins 2.0%
20-29 mins 12.3%
30-44 mins 52.7%
45-59 mins 14.3%
>60 mins 6.4%

CARTHAGE Demographics

INDUSTRY

Industry % Distribution
Administrative Support 6.7%
Agriculture, Fishing & Game 4.5%
Health Care & Social Assistance 21.0%
Manufacturing 35.7%
Retail & Wholesale Trader 6.2%
Transportation 8.9%
Other 17.0%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 27% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 20.0%
15-19 5.5%
20-24 1.9%
25-44 24.1%
45-65 28.1%
66+ 20.4%
OCCUPATION

Occupation % Distribution
Healthcare 5.8%
Management, Business, & Financial 5.8%
Natural Resources Maintenance 25.0%
PCare 5.2%
Production & Transportation 29.1%
Sales & Office 19.8%
Other 9.3%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.5%
High School 52.0%
Masters Degree 2.1%
Some College 9.9%
Some High School 22.5%
Other 9.0%

425 S Main St Comps

Sorry, we do not have sufficient data available.

425 S Main St, Carthage, AR 71725 is a single family home of 840 sqft. HomeUnion INVESTimateĀ® for 425 S Main St includes a Price Estimate of $195,686 and a Rent Estimate of $555. This single family home has 0 bedrooms,1 bathrooms, and was built in 1997. This property has an estimated 15 year annualized Yield of 3.40% and Total Return of 4.98%. The estimated 1 year forecast in home value for 425 S Main St is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AR , DALLAS County , or the 71725 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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