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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

Colony Dr Sulphur Springs, AR 72768

0 Beds 0 Baths 480 sqft Built 0
Last updated:  Nov 28, 2019

INVESTimate

$211,217

$198K - $225K

Price Est.

$667

613 - 721

Rent Est.

$225,221  ( +6.63%)   1 YR EST. FORECAST
  
  
  

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Colony Dr PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $440.04
CONSTRUCTION
  • Beds : 0
  • Floor Size : 480 sqft
  • Baths : 0 Full

Colony Dr 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

Ozark Colony

  • 32

    POPULATION
  • 16

    HOUSEHOLDS
  • 56.2%

    WHITE COLLAR

Neighborhood : Ozark Colony

HOUSEHOLDS
16
POPULATION

32

40.0%Renters
60.0%Home Owners
LABOR FORCE

 

56.2%White Collar
43.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $667 per month.

MY RENT : $667 MEDIAN RENT : $892

Rent % Distribution LEVEL
$500-699 5.0%
$700-899 50.0%
$900-999 5.0%
$1,000-1,499 40.0%
>=$1,500 0.0%
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 $667 would therefore be considered affordable for annual household incomes greater than $26,680 (12 months x 3.333 x $667).

Rent % Affordability
Above $500 72.7%
Above $700 52.7%
Above $1,100 38.2%
Above $1,500 27.3%
Above $1,900 8.7%
HOUSEHOLD INCOME RANGE

Approximately 33 of households in this neighborhood have a total annual income of $26,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $667 per month.

MINIMUM INCOME RANGE : $26,680

Income % Distribution
<$20K 27.3%
$20K-$35K 27.3%
$35K-$60K 18.2%
$60K-$100K 27.3%
>=$100K -0.0%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.7%
5-9 mins 8.3%
10-14 mins 8.3%
15-19 mins 8.3%
20-29 mins 25.0%
30-44 mins 16.7%
45-59 mins 8.3%
>60 mins 8.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $667 per month.

MY RENT : $667 MEDIAN RENT : $892

Rent % Distribution
$500-699 5.0%
$700-899 50.0%
$900-999 5.0%
$1,000-1,499 40.0%
>=$1,500 0.0%
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 $667 would therefore be considered affordable for annual household incomes greater than $26,680 (12 months x 3.333 x $667).

Rent % Affordability
Above $500 72.7%
Above $700 52.7%
Above $1,100 38.2%
Above $1,500 27.3%
Above $1,900 8.7%
HOUSEHOLD INCOME RANGE

Approximately 33 of households in this neighborhood have a total annual income of $26,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $667 per month.

MINIMUM INCOME RANGE : $26,680

Income % Distribution
<$20K 27.3%
$20K-$35K 27.3%
$35K-$60K 18.2%
$60K-$100K 27.3%
>=$100K -0.0%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.7%
5-9 mins 8.3%
10-14 mins 8.3%
15-19 mins 8.3%
20-29 mins 25.0%
30-44 mins 16.7%
45-59 mins 8.3%
>60 mins 8.3%

Ozark Colony Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 13.3%
Arts & Entertainment 13.3%
Manufacturing 13.3%
Professional & Scientific Tech Services 6.7%
Retail & Wholesale Trader 20.0%
Transportation 6.7%
Other 26.7%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 38% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 21.9%
15-19 9.4%
20-24 6.2%
25-44 21.9%
45-65 28.1%
66+ 12.5%
OCCUPATION

Occupation % Distribution
Education 10.0%
Healthcare 10.0%
Management, Business, & Financial 30.0%
Natural Resources Maintenance 10.0%
Production & Transportation 20.0%
Sales & Office 20.0%
Other 0.0%
HIGHEST EDUCATION LEVEL

4% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.3%
High School 39.1%
Professional 0.0%
Some College 21.7%
Some High School 21.7%
Other 13.0%

Colony Dr Comps

Sorry, we do not have sufficient data available.

Colony Dr, Sulphur Springs, AR 72768 is a single family home of 480 sqft. HomeUnion INVESTimateĀ® for Colony Dr includes a Price Estimate of $211,217 and a Rent Estimate of $667. This single family home has 0 bedrooms,0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 3.79% and Total Return of 14.94%. The estimated 1 year forecast in home value for Colony Dr is 6.63%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AR , BENTON County , or the 72768 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 72764
  2. 72756
  3. 72722
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  5. 72732