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4548 W Lofty Wood Dr PROPERTY INFO
FACTS
- Built In 2005
- Price/Sqft : $124.71
CONSTRUCTION
- Beds : 0
- Floor Size : 2,610 sqft
- Baths : 2 Full 1 Half
4548 W Lofty Wood Dr SCHOOLS
Financial Details
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Cross Keys
Neighborhood : Cross Keys
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,925 per month.
MY RENT : $1,925 MEDIAN RENT : $1,911
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 $1,925 would therefore be considered affordable for annual household incomes greater than $77,000 (12 months x 3.333 x $1,925).
HOUSEHOLD INCOME RANGE
Approximately 14 of households in this neighborhood have a total annual income of $77,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,925 per month.
MINIMUM INCOME RANGE : $77,000
COMMUTE TIME DISTRIBUTION
59% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.
Cross Keys Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.3% |
| Educational Services | 13.2% |
| Health Care & Social Assistance | 19.4% |
| Manufacturing | 10.9% |
| Professional & Scientific Tech Services | 8.5% |
| Retail & Wholesale Trader | 16.3% |
| Other | 22.5% |
AGE DISTRIBUTION
44% of the population is between the ages of 25 and 64, 48% is 24 or younger and 8% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 14.8% |
| 15-19 | 3.8% |
| 20-24 | 29.5% |
| 25-44 | 31.4% |
| 45-65 | 12.9% |
| 66+ | 7.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Adesm | 6.6% |
| Healthcare | 19.7% |
| Management, Business, & Financial | 10.5% |
| Natural Resources Maintenance | 5.3% |
| Production & Transportation | 11.8% |
| Sales & Office | 26.3% |
| Other | 19.7% |
HIGHEST EDUCATION LEVEL
28% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 10.3% |
| High School | 19.0% |
| Masters Degree | 12.7% |
| Some College | 22.2% |
| Some High School | 10.3% |
| Other | 25.4% |
4548 W Lofty Wood Dr Comps
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4548 W Lofty Wood Dr, Fayetteville, AR 72704 is a single family home of 2,610 sqft. HomeUnion INVESTimateĀ® for 4548 W Lofty Wood Dr includes a Price Estimate of $325,492 and a Rent Estimate of $1,925. This single family home has 0 bedrooms,3 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 7.10% and Total Return of 22.51%. The estimated 1 year forecast in home value for 4548 W Lofty Wood Dr 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
