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

845 N 46th Ave Fayetteville, AR 72704

0 Beds 2 Baths 2,575 sqft Built 1971
Last updated:  Mar 16, 2015

INVESTimate

$210,312

$199K - $222K

Price Est.

$1,536

$1.4K - $1.6K

Rent Est.

$222,405  ( +5.75%)   1 YR EST. FORECAST
  
  
  

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

  • 14108 BECKET RD Shaker Heights, OH
    • 4 beds 3 baths ∙ 1,660 Sqft ∙ Built 1926 4 beds 3 baths ∙ 1,660 Sqft ∙ Built 1926
    AVAILABLE
    • 18.56% GROSS YIELD
    • $6,636 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $97,000
    • $37,205
    • $1,500
  • 19500 BEVERLY AVE Maple Heights, OH
    • 3 beds 2 baths ∙ 1,312 Sqft ∙ Built 1950 3 beds 2 baths ∙ 1,312 Sqft ∙ Built 1950
    AVAILABLE
    • 16.83% GROSS YIELD
    • $5,118 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $72,000
    • $30,580
    • $1,010
  • 3475 SILSBY RD University Heights, OH
    • 3 beds 1 baths ∙ 1,336 Sqft ∙ Built 1926 3 beds 1 baths ∙ 1,336 Sqft ∙ Built 1926
    AVAILABLE
    • 16.68% GROSS YIELD
    • $5,660 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $84,900
    • $33,998
    • $1,180
  • 3138 ASHWOOD RD Cleveland, OH
    • 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 1938 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 1938
    AVAILABLE
    • 16.50% GROSS YIELD
    • $5,047 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $74,900
    • $31,348
    • $1,030

845 N 46th Ave PROPERTY INFO

FACTS
  • Built In 1971
  • Price/Sqft : $81.67
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,575 sqft
  • Baths : 1 Full 1 Half

845 N 46th Ave SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

See Financial Details

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

Already have an account?
Neighborhood

FAYETTEVILLE

  • 24,319

    POPULATION
  • 9,669

    HOUSEHOLDS
  • 77.1%

    WHITE COLLAR

Neighborhood : FAYETTEVILLE

HOUSEHOLDS
9,669
POPULATION

24,319

41.8%Renters
58.2%Home Owners
LABOR FORCE

 

77.1%White Collar
22.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 37% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,536 per month.

MY RENT : $1,536 MEDIAN RENT : $1,382

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.1%
$900-999 6.0%
$1,000-1,499 55.6%
>=$1,500 37.4%
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 $1,536 would therefore be considered affordable for annual household incomes greater than $61,440 (12 months x 3.333 x $1,536).

Rent % Affordability
Above $500 87.8%
Above $700 78.6%
Above $1,100 65.2%
Above $1,500 50.2%
Above $1,900 39.4%
HOUSEHOLD INCOME RANGE

Approximately 3,298 of households in this neighborhood have a total annual income of $61,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,536 per month.

MINIMUM INCOME RANGE : $61,440

Income % Distribution
<$20K 12.2%
$20K-$35K 14.4%
$35K-$60K 23.2%
$60K-$100K 26.2%
>=$100K 24.0%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 6.7%
10-14 mins 17.9%
15-19 mins 24.7%
20-29 mins 20.7%
30-44 mins 21.5%
45-59 mins 4.6%
>60 mins 2.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 37% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,536 per month.

MY RENT : $1,536 MEDIAN RENT : $1,382

Rent % Distribution
$500-699 0.0%
$700-899 1.1%
$900-999 6.0%
$1,000-1,499 55.6%
>=$1,500 37.4%
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 $1,536 would therefore be considered affordable for annual household incomes greater than $61,440 (12 months x 3.333 x $1,536).

Rent % Affordability
Above $500 87.8%
Above $700 78.6%
Above $1,100 65.2%
Above $1,500 50.2%
Above $1,900 39.4%
HOUSEHOLD INCOME RANGE

Approximately 3,298 of households in this neighborhood have a total annual income of $61,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,536 per month.

MINIMUM INCOME RANGE : $61,440

Income % Distribution
<$20K 12.2%
$20K-$35K 14.4%
$35K-$60K 23.2%
$60K-$100K 26.2%
>=$100K 24.0%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 6.7%
10-14 mins 17.9%
15-19 mins 24.7%
20-29 mins 20.7%
30-44 mins 21.5%
45-59 mins 4.6%
>60 mins 2.2%

FAYETTEVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.6%
Educational Services 15.7%
Health Care & Social Assistance 15.4%
Manufacturing 9.8%
Professional & Scientific Tech Services 10.0%
Retail & Wholesale Trader 14.8%
Other 25.9%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 39% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 22.2%
15-19 5.9%
20-24 11.3%
25-44 31.6%
45-65 19.3%
66+ 9.7%
OCCUPATION

Occupation % Distribution
Construction 9.3%
Healthcare 9.4%
Management, Business, & Financial 21.2%
Natural Resources Maintenance 6.7%
Production & Transportation 7.8%
Sales & Office 24.8%
Other 20.8%
HIGHEST EDUCATION LEVEL

26% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.2%
High School 20.2%
Masters Degree 12.0%
Some College 21.6%
Some High School 5.2%
Other 34.9%

845 N 46th Ave Comps

Sorry, we do not have sufficient data available.

845 N 46th Ave, Fayetteville, AR 72704 is a single family home of 2,575 sqft. HomeUnion INVESTimate® for 845 N 46th Ave includes a Price Estimate of $210,312 and a Rent Estimate of $1,536. This single family home has 0 bedrooms,2 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 8.76% and Total Return of 27.43%. The estimated 1 year forecast in home value for 845 N 46th Ave 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