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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

665 N Tournament Dr Fayetteville, AR 72704

0 Beds 3 Baths 2,752 sqft Built 2005
Last updated:  Jan 23, 2020

INVESTimate

$332,614

$312K - $353K

Price Est.

$2,016

$1.9K - $2.1K

Rent Est.

$346,750  ( +4.25%)   1 YR EST. FORECAST
  
  
  

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665 N Tournament Dr PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $120.86
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,752 sqft
  • Baths : 3 Full

665 N Tournament Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
OWL CREEK SCHOOL Primary Regular 705 52 5
RAMAY JUNIOR HIGH SCHOOL Middle Regular 618 51 7
RAMAY JUNIOR HIGH SCHOOL High Regular 618 51 7

OWL CREEK SCHOOL

  • Education Level: Primary
  • # of students: 705
  • # of teachers: 52
5
GreatSchools Rating

RAMAY JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 618
  • # of teachers: 51
7
GreatSchools Rating

RAMAY JUNIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 618
  • # of teachers: 51
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Cross Keys

  • 210

    POPULATION
  • 89

    HOUSEHOLDS
  • 74.4%

    WHITE COLLAR

Neighborhood : Cross Keys

HOUSEHOLDS
89
POPULATION

210

68.1%Renters
31.9%Home Owners
LABOR FORCE

 

74.4%White Collar
25.6%Blue Collar
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 $2,016 per month.

MY RENT : $2,016 MEDIAN RENT : $1,911

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,016 would therefore be considered affordable for annual household incomes greater than $80,640 (12 months x 3.333 x $2,016).

Rent % Affordability
Above $500 69.6%
Above $700 59.8%
Above $1,100 40.2%
Above $1,500 23.9%
Above $1,900 18.3%
HOUSEHOLD INCOME RANGE

Approximately 14 of households in this neighborhood have a total annual income of $80,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,016 per month.

MINIMUM INCOME RANGE : $80,640

Income % Distribution
<$20K 30.4%
$20K-$35K 17.4%
$35K-$60K 28.3%
$60K-$100K 10.9%
>=$100K 13.0%
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.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 10.5%
10-14 mins 20.2%
15-19 mins 29.8%
20-29 mins 15.8%
30-44 mins 13.2%
45-59 mins 3.5%
>60 mins 5.3%
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 $2,016 per month.

MY RENT : $2,016 MEDIAN RENT : $1,911

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,016 would therefore be considered affordable for annual household incomes greater than $80,640 (12 months x 3.333 x $2,016).

Rent % Affordability
Above $500 69.6%
Above $700 59.8%
Above $1,100 40.2%
Above $1,500 23.9%
Above $1,900 18.3%
HOUSEHOLD INCOME RANGE

Approximately 14 of households in this neighborhood have a total annual income of $80,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,016 per month.

MINIMUM INCOME RANGE : $80,640

Income % Distribution
<$20K 30.4%
$20K-$35K 17.4%
$35K-$60K 28.3%
$60K-$100K 10.9%
>=$100K 13.0%
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.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 10.5%
10-14 mins 20.2%
15-19 mins 29.8%
20-29 mins 15.8%
30-44 mins 13.2%
45-59 mins 3.5%
>60 mins 5.3%

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%

665 N Tournament Dr Comps

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665 N Tournament Dr, Fayetteville, AR 72704 is a single family home of 2,752 sqft. HomeUnion INVESTimateĀ® for 665 N Tournament Dr includes a Price Estimate of $332,614 and a Rent Estimate of $2,016. This single family home has 0 bedrooms,3 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 7.27% and Total Return of 19.44%. The estimated 1 year forecast in home value for 665 N Tournament 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

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