Browse real estate investments on Norfork River Rd
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3615 Norfork River Rd
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4641 Norfork River Rd
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4683 Norfork River Rd
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4838 Norfork River Rd
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The following properties with Estimated Highest Gross Yields are available in other markets.
4641 Norfork River Rd PROPERTY INFO
FACTS
- Built In 1994
- Price/Sqft : $50.26
CONSTRUCTION
- Beds : 0
- Floor Size : 1,280 sqft
- Baths : 0 Full
4641 Norfork River Rd SCHOOLS
Financial Details
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CALICO ROCK
Neighborhood : CALICO ROCK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 85% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $557 per month.
MY RENT : $557 MEDIAN RENT : $692
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 $557 would therefore be considered affordable for annual household incomes greater than $22,280 (12 months x 3.333 x $557).
HOUSEHOLD INCOME RANGE
Approximately 2,689 of households in this neighborhood have a total annual income of $22,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $557 per month.
MINIMUM INCOME RANGE : $22,280
COMMUTE TIME DISTRIBUTION
47% of the working population has a commute time of 15 to 44 minutes, 43% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
CALICO ROCK Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.8% |
Construction | 9.2% |
Educational Services | 10.3% |
Health Care & Social Assistance | 21.1% |
Manufacturing | 15.6% |
Retail & Wholesale Trader | 12.6% |
Other | 23.5% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 26% is 24 or younger and 22% is 65 or older.
Age | % Distribution |
---|---|
<15 | 16.2% |
15-19 | 5.6% |
20-24 | 4.6% |
25-44 | 21.5% |
45-65 | 30.3% |
66+ | 21.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 9.7% |
Healthcare | 11.1% |
Management, Business, & Financial | 11.5% |
Natural Resources Maintenance | 13.7% |
Production & Transportation | 18.0% |
Sales & Office | 14.3% |
Other | 21.6% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.4% |
High School | 37.3% |
Masters Degree | 4.4% |
Some College | 19.2% |
Some High School | 20.2% |
Other | 10.5% |
4641 Norfork River Rd Comps
4641 Norfork River Rd, Calico Rock, AR 72519 is a single family home of 1,280 sqft. HomeUnion INVESTimate® for 4641 Norfork River Rd includes a Price Estimate of $64,336 and a Rent Estimate of $557. This single family home has 0 bedrooms,0 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 10.39% and Total Return of 13.38%. The estimated 1 year forecast in home value for 4641 Norfork River Rd is 2.5%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AR, BAXTER County, or the 72519 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2