INVESTimate
$26,211
47 Mimosa Cir PROPERTY INFO
FACTS
- Built In 1997
- Price/Sqft : $34.18
CONSTRUCTION
- Beds : 0
- Floor Size : 1,624 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
47 Mimosa Cir, Houston, AR 72070 is a single family home of 1,624 sqft. HomeUnion estimate for 47 Mimosa Cir includes a Price Estimate of $55,512 and a Rent Estimate of $700. This single family home has 0 bedrooms, 2 bathrooms, and was built in 1997. This property has an estimated 15 year annualized Yield of 15.13% and Total Return of 21.98%. The estimated 1 year forecast in home value for 47 Mimosa Cir is 1.33%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
47 Mimosa Cir SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
HOUSTON
Neighborhood : HOUSTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $700 per month.
MY RENT : $700 MEDIAN RENT : $717
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 $700 would therefore be considered affordable for annual household incomes greater than $28,000 (12 months x 3.333 x $700).
HOUSEHOLD INCOME RANGE
Approximately 1,804 of households in this neighborhood have a total annual income of $28,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $700 per month.
MINIMUM INCOME RANGE : $28,000
COMMUTE TIME DISTRIBUTION
43% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 43% has a commute time of 45 minutes or longer.
HOUSTON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 13.0% |
Construction | 11.5% |
Health Care & Social Assistance | 9.4% |
Manufacturing | 9.9% |
Retail & Wholesale Trader | 14.0% |
Transportation | 8.4% |
Other | 33.9% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 30% is 24 or younger and 20% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.0% |
15-19 | 2.8% |
20-24 | 6.5% |
25-44 | 22.5% |
45-65 | 27.3% |
66+ | 19.9% |
OCCUPATION
Occupation | % Distribution |
---|---|
Education | 9.9% |
Management, Business, & Financial | 11.7% |
Natural Resources Maintenance | 16.5% |
Production & Transportation | 12.0% |
Protect | 6.6% |
Sales & Office | 14.6% |
Other | 28.7% |
HIGHEST EDUCATION LEVEL
13% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.9% |
High School | 33.6% |
Masters Degree | 3.1% |
Some College | 22.2% |
Some High School | 21.9% |
Other | 10.3% |
47 Mimosa Cir Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AR , PERRY County , or the 72070 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2