Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

56830 Farm Rd Whitesboro, OK 74577

3 Beds 2 Baths 1,216 sqft Built 1999
Last updated:  Jan 23, 2020

INVESTimate

$123,264

$110K - $137K

Price Est.

$848

753 - 943

Rent Est.

$126,259  ( +2.43%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190
  • 1348 JIMI LANE Conyers, GA
    • 3 beds 3 baths ∙ 1,728 Sqft ∙ Built 1986 ∙ 1units 3 beds 3 baths ∙ 1,728 Sqft ∙ Built 1986 ∙ 1units
    AVAILABLE fmls
    • 13.85% GROSS YIELD
    • $8,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,270

56830 Farm Rd PROPERTY INFO

FACTS
  • Built In 1999
  • Price/Sqft : $101.37
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,216 sqft
  • Baths : 2 Full

56830 Farm Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WHITESBORO ELEMENTARY SCHOOL Primary Regular 149 10 7
WHITESBORO ELEMENTARY SCHOOL Middle Regular 149 10 7
WHITESBORO HIGH SCHOOL High Regular 62 6 5

WHITESBORO ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 149
  • # of teachers: 10
7
GreatSchools Rating

WHITESBORO ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 149
  • # of teachers: 10
7
GreatSchools Rating

WHITESBORO HIGH SCHOOL

  • Education Level: High
  • # of students: 62
  • # of teachers: 6
5
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

WHITESBORO

  • 163

    POPULATION
  • 66

    HOUSEHOLDS
  • 49.3%

    WHITE COLLAR

Neighborhood : WHITESBORO

HOUSEHOLDS
66
POPULATION

163

14.0%Renters
86.0%Home Owners
LABOR FORCE

 

49.3%White Collar
50.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $848 per month.

MY RENT : $848 MEDIAN RENT : $795

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 81.0%
$900-999 9.5%
$1,000-1,499 9.5%
>=$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 $848 would therefore be considered affordable for annual household incomes greater than $33,920 (12 months x 3.333 x $848).

Rent % Affordability
Above $500 69.6%
Above $700 62.0%
Above $1,100 46.7%
Above $1,500 26.1%
Above $1,900 12.8%
HOUSEHOLD INCOME RANGE

Approximately 112 of households in this neighborhood have a total annual income of $33,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $848 per month.

MINIMUM INCOME RANGE : $33,920

Income % Distribution
<$20K 30.4%
$20K-$35K 11.6%
$35K-$60K 31.9%
$60K-$100K 20.3%
>=$100K 5.8%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.7%
5-9 mins 10.9%
10-14 mins 6.5%
15-19 mins 8.7%
20-29 mins 34.8%
30-44 mins 17.4%
45-59 mins 6.5%
>60 mins 6.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $848 per month.

MY RENT : $848 MEDIAN RENT : $795

Rent % Distribution
$500-699 0.0%
$700-899 81.0%
$900-999 9.5%
$1,000-1,499 9.5%
>=$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 $848 would therefore be considered affordable for annual household incomes greater than $33,920 (12 months x 3.333 x $848).

Rent % Affordability
Above $500 69.6%
Above $700 62.0%
Above $1,100 46.7%
Above $1,500 26.1%
Above $1,900 12.8%
HOUSEHOLD INCOME RANGE

Approximately 112 of households in this neighborhood have a total annual income of $33,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $848 per month.

MINIMUM INCOME RANGE : $33,920

Income % Distribution
<$20K 30.4%
$20K-$35K 11.6%
$35K-$60K 31.9%
$60K-$100K 20.3%
>=$100K 5.8%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.7%
5-9 mins 10.9%
10-14 mins 6.5%
15-19 mins 8.7%
20-29 mins 34.8%
30-44 mins 17.4%
45-59 mins 6.5%
>60 mins 6.5%

WHITESBORO Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.6%
Construction 5.8%
Educational Services 13.5%
Health Care & Social Assistance 32.7%
Public Administration 15.4%
Transportation 9.6%
Other 13.5%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 25% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 16.0%
15-19 7.4%
20-24 1.8%
25-44 14.1%
45-65 36.2%
66+ 24.5%
OCCUPATION

Occupation % Distribution
Construction 12.5%
Healthcare 17.5%
Natural Resources Maintenance 10.0%
Production & Transportation 15.0%
Protect 10.0%
Sales & Office 15.0%
Other 20.0%
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 8.6%
High School 42.9%
Masters Degree 3.8%
Some College 17.1%
Some High School 18.1%
Other 9.5%

56830 Farm Rd Comps

Sorry, we do not have sufficient data available.

56830 Farm Rd, Whitesboro, OK 74577 is a single family home of 1,216 sqft. HomeUnion INVESTimateĀ® for 56830 Farm Rd includes a Price Estimate of $123,264 and a Rent Estimate of $848. This single family home has 3 bedrooms,2 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 8.26% and Total Return of 16.60%. The estimated 1 year forecast in home value for 56830 Farm Rd is 2.43%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , LE FLORE County , or the 74577 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Farm Rd

  1. 56810 Farm Rd
  2. 56830 Farm Rd

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 74571
  2. 74949