Financials
79 Lake Point Dr Calico Rock, AR 72519
INVESTimate
$59,486
OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
79 Lake Point Dr PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $122.52
CONSTRUCTION
- Beds : 0
- Floor Size : 1,478 sqft
- Baths : 2 Full
79 Lake Point Dr SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
CALICO ROCK
Neighborhood : CALICO ROCK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 23% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $878 per month.
MY RENT : $878 MEDIAN RENT : $692
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 $878 would therefore be considered affordable for annual household incomes greater than $35,120 (12 months x 3.333 x $878).
HOUSEHOLD INCOME RANGE
Approximately 393 of households in this neighborhood have a total annual income of $35,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $878 per month.
MINIMUM INCOME RANGE : $35,120
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.
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% |
79 Lake Point Dr Comps
Sorry, we do not have sufficient data available.
79 Lake Point Dr, Calico Rock, AR 72519 is a single family home of 1,478 sqft. HomeUnion INVESTimate® for 79 Lake Point Dr includes a Price Estimate of $181,080 and a Rent Estimate of $878. This single family home has 0 bedrooms,2 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 5.82% and Total Return of 8.68%. The estimated 1 year forecast in home value for 79 Lake Point Dr 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
