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8079 W Wedington Dr PROPERTY INFO
FACTS
- Built In 2001
- Price/Sqft : $122.05
CONSTRUCTION
- Beds : 0
- Floor Size : 2,173 sqft
- Baths : 2 Full
8079 W Wedington Dr SCHOOLS
Financial Details
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White Rock
Neighborhood : White Rock
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,520 per month.
MY RENT : $1,520 MEDIAN RENT : $1,334
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 $1,520 would therefore be considered affordable for annual household incomes greater than $60,800 (12 months x 3.333 x $1,520).
HOUSEHOLD INCOME RANGE
Approximately 392 of households in this neighborhood have a total annual income of $60,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,520 per month.
MINIMUM INCOME RANGE : $60,800
COMMUTE TIME DISTRIBUTION
68% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.
White Rock Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 11.5% |
| Construction | 6.2% |
| Educational Services | 14.7% |
| Health Care & Social Assistance | 13.2% |
| Professional & Scientific Tech Services | 7.7% |
| Retail & Wholesale Trader | 19.8% |
| Other | 26.9% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 39% is 24 or younger and 11% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 22.2% |
| 15-19 | 8.8% |
| 20-24 | 8.2% |
| 25-44 | 28.2% |
| 45-65 | 21.4% |
| 66+ | 11.2% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 5.6% |
| Construction | 7.0% |
| Management, Business, & Financial | 15.1% |
| Natural Resources Maintenance | 9.5% |
| Production & Transportation | 8.4% |
| Sales & Office | 26.7% |
| Other | 27.6% |
HIGHEST EDUCATION LEVEL
20% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 4.5% |
| High School | 28.8% |
| Masters Degree | 9.8% |
| Some College | 23.9% |
| Some High School | 4.1% |
| Other | 28.9% |
8079 W Wedington Dr Comps
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8079 W Wedington Dr, Fayetteville, AR 72704 is a single family home of 2,173 sqft. HomeUnion INVESTimateĀ® for 8079 W Wedington Dr includes a Price Estimate of $265,225 and a Rent Estimate of $1,520. This single family home has 0 bedrooms,2 bathrooms, and was built in 2001. This property has an estimated 15 year annualized Yield of 6.88% and Total Return of 22.63%. The estimated 1 year forecast in home value for 8079 W Wedington Dr is 5.75%.
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
