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This page contains information about each property aggregated from public data sources, 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.

700 W Spring St Sulphur Springs, AR 72768

0 Beds 1 Baths 788 sqft Built 0
Last updated:  Nov 28, 2019

INVESTimate

$80,435

$75.3K - $85.6K

Price Est.

$780

717 - 843

Rent Est.

$84,071  ( +4.52%)   1 YR EST. FORECAST

700 W Spring St PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $102.07
CONSTRUCTION
  • Beds : 0
  • Floor Size : 788 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
700 W Spring St, Sulphur Springs, AR 72768 is a single family home of 788 sqft. HomeUnion estimate for 700 W Spring St includes a Price Estimate of $80,435 and a Rent Estimate of $780. This single family home has 0 bedrooms, 1 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 11.64% and Total Return of 25.81%. The estimated 1 year forecast in home value for 700 W Spring St is 4.52%.
  
  
  

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700 W Spring St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GRAVETTE UPPER ELEMENTARY SCHOOL Primary Regular 391 22 7
GRAVETTE MIDDLE SCHOOL Middle Regular 447 28 8
GRAVETTE HIGH SCHOOL High Regular 559 38 8

GRAVETTE UPPER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 391
  • # of teachers: 22
7
GreatSchools Rating

GRAVETTE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 447
  • # of teachers: 28
8
GreatSchools Rating

GRAVETTE HIGH SCHOOL

  • Education Level: High
  • # of students: 559
  • # of teachers: 38
8
GreatSchools Rating
 

Financial Details

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Neighborhood

SULPHUR SPRINGS

  • 1,083

    POPULATION
  • 440

    HOUSEHOLDS
  • 62.3%

    WHITE COLLAR

Neighborhood : SULPHUR SPRINGS

HOUSEHOLDS
440
POPULATION

1,083

20.5%Renters
79.5%Home Owners
LABOR FORCE

 

62.3%White Collar
37.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $780 per month.

MY RENT : $780 MEDIAN RENT : $987

Rent % Distribution LEVEL
$500-699 0.6%
$700-899 28.5%
$900-999 22.9%
$1,000-1,499 38.3%
>=$1,500 9.8%
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 $780 would therefore be considered affordable for annual household incomes greater than $31,200 (12 months x 3.333 x $780).

Rent % Affordability
Above $500 81.1%
Above $700 75.9%
Above $1,100 61.0%
Above $1,500 44.3%
Above $1,900 37.2%
HOUSEHOLD INCOME RANGE

Approximately 795 of households in this neighborhood have a total annual income of $31,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $780 per month.

MINIMUM INCOME RANGE : $31,200

Income % Distribution
<$20K 18.9%
$20K-$35K 12.3%
$35K-$60K 24.5%
$60K-$100K 20.5%
>=$100K 23.9%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.1%
5-9 mins 6.1%
10-14 mins 14.8%
15-19 mins 16.1%
20-29 mins 14.2%
30-44 mins 23.4%
45-59 mins 11.2%
>60 mins 7.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $780 per month.

MY RENT : $780 MEDIAN RENT : $987

Rent % Distribution
$500-699 0.6%
$700-899 28.5%
$900-999 22.9%
$1,000-1,499 38.3%
>=$1,500 9.8%
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 $780 would therefore be considered affordable for annual household incomes greater than $31,200 (12 months x 3.333 x $780).

Rent % Affordability
Above $500 81.1%
Above $700 75.9%
Above $1,100 61.0%
Above $1,500 44.3%
Above $1,900 37.2%
HOUSEHOLD INCOME RANGE

Approximately 795 of households in this neighborhood have a total annual income of $31,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $780 per month.

MINIMUM INCOME RANGE : $31,200

Income % Distribution
<$20K 18.9%
$20K-$35K 12.3%
$35K-$60K 24.5%
$60K-$100K 20.5%
>=$100K 23.9%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.1%
5-9 mins 6.1%
10-14 mins 14.8%
15-19 mins 16.1%
20-29 mins 14.2%
30-44 mins 23.4%
45-59 mins 11.2%
>60 mins 7.1%

SULPHUR SPRINGS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 7.8%
Construction 6.4%
Educational Services 13.7%
Health Care & Social Assistance 9.1%
Manufacturing 11.9%
Retail & Wholesale Trader 18.3%
Other 32.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 31% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 20.0%
15-19 7.8%
20-24 3.4%
25-44 22.7%
45-65 32.6%
66+ 13.5%
OCCUPATION

Occupation % Distribution
Construction 9.7%
Healthcare 12.7%
Management, Business, & Financial 16.8%
Natural Resources Maintenance 15.6%
Production & Transportation 15.8%
Sales & Office 16.3%
Other 13.1%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.0%
High School 39.2%
Masters Degree 3.6%
Some College 21.3%
Some High School 13.5%
Other 15.4%

700 W Spring St Comps

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