1. < Norfork River Rd

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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

4641 Norfork River Rd Calico Rock, AR 72519

0 Beds 0 Baths 1,280 sqft Built 1994
Last updated:  Jul 30, 2018

INVESTimate

$64,336

$59.5K - $69.2K

Price Est.

$557

487 - 627

Rent Est.

$28,549

Investment Est.

$65,944  ( +2.5%)   1 YR EST. FORECAST

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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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ARRIE GOFORTH ELEMENTARY SCHOOL Primary Regular 246 22 9
ARRIE GOFORTH ELEMENTARY SCHOOL Middle Regular 246 22 9
NORFORK HIGH SCHOOL High Regular 201 22 8

ARRIE GOFORTH ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 246
  • # of teachers: 22
9
GreatSchools Rating

ARRIE GOFORTH ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 246
  • # of teachers: 22
9
GreatSchools Rating

NORFORK HIGH SCHOOL

  • Education Level: High
  • # of students: 201
  • # of teachers: 22
8
GreatSchools Rating
 

Financial Details

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Neighborhood

CALICO ROCK

  • 3,219

    POPULATION

  • 1,047

    HOUSEHOLDS

  • 52.3%

    WHITE COLLAR

Neighborhood : CALICO ROCK

HOUSEHOLDS
1,047
POPULATION

3,219

30.3%Renters
69.7%Home Owners
LABOR FORCE

 

52.3%White Collar
47.7%Blue Collar
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

Rent % Distribution LEVEL
$400-699 51.7%
$700-899 28.2%
$900-999 5.3%
$1,000-1,499 13.3%
>=$1,500 1.5%
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).

Rent % Affordability
Above $500 73.1%
Above $700 61.6%
Above $1,100 40.0%
Above $1,500 28.0%
Above $1,900 18.3%
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

Income % Distribution
<$20K 26.9%
$20K-$35K 22.0%
$35K-$60K 23.1%
$60K-$100K 17.2%
>=$100K 10.8%
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.

Time (mins) % Distribution
<5 mins 20.0%
5-9 mins 18.3%
10-14 mins 5.0%
15-19 mins 11.2%
20-29 mins 10.3%
30-44 mins 25.1%
45-59 mins 6.4%
>60 mins 3.7%
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

Rent % Distribution
$400-699 51.7%
$700-899 28.2%
$900-999 5.3%
$1,000-1,499 13.3%
>=$1,500 1.5%
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).

Rent % Affordability
Above $500 73.1%
Above $700 61.6%
Above $1,100 40.0%
Above $1,500 28.0%
Above $1,900 18.3%
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

Income % Distribution
<$20K 26.9%
$20K-$35K 22.0%
$35K-$60K 23.1%
$60K-$100K 17.2%
>=$100K 10.8%
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.

Time (mins) % Distribution
<5 mins 20.0%
5-9 mins 18.3%
10-14 mins 5.0%
15-19 mins 11.2%
20-29 mins 10.3%
30-44 mins 25.1%
45-59 mins 6.4%
>60 mins 3.7%
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%
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%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% 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%
HIGHEST EDUCATION LEVEL

12% 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%

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

Sorry, we do not have sufficient data available.

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

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