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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

1005 Birch St Wellston, OK 74881

3 Beds 2 Baths 1,632 sqft Built 1967
Last updated:  Jan 23, 2020

INVESTimate

$73,313

$65.7K - $80.9K

Price Est.

$846

751 - 941

Rent Est.

$74,493  ( +1.61%)   1 YR EST. FORECAST
  
  
  

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1005 Birch St PROPERTY INFO

FACTS
  • Built In 1967
  • Price/Sqft : $44.92
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,632 sqft
  • Baths : 1 Full 1 Half

1005 Birch St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WELLSTON ELEMENTARY SCHOOL Primary Regular 333 15 8
WELLSTON MIDDLE SCHOOL Middle Regular 147 9 4
WELLSTON HIGH SCHOOL High Regular 189 12 5

WELLSTON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 333
  • # of teachers: 15
8
GreatSchools Rating

WELLSTON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 147
  • # of teachers: 9
4
GreatSchools Rating

WELLSTON HIGH SCHOOL

  • Education Level: High
  • # of students: 189
  • # of teachers: 12
5
GreatSchools Rating
 

Financial Details

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Neighborhood

WELLSTON

  • 4,896

    POPULATION
  • 1,795

    HOUSEHOLDS
  • 54.8%

    WHITE COLLAR

Neighborhood : WELLSTON

HOUSEHOLDS
1,795
POPULATION

4,896

16.2%Renters
83.8%Home Owners
LABOR FORCE

 

54.8%White Collar
45.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $846 per month.

MY RENT : $846 MEDIAN RENT : $850

Rent % Distribution LEVEL
$500-699 5.9%
$700-899 59.5%
$900-999 15.5%
$1,000-1,499 15.9%
>=$1,500 3.2%
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 $846 would therefore be considered affordable for annual household incomes greater than $33,840 (12 months x 3.333 x $846).

Rent % Affordability
Above $500 78.1%
Above $700 68.4%
Above $1,100 52.5%
Above $1,500 36.4%
Above $1,900 25.3%
HOUSEHOLD INCOME RANGE

Approximately 3,813 of households in this neighborhood have a total annual income of $33,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $846 per month.

MINIMUM INCOME RANGE : $33,840

Income % Distribution
<$20K 21.9%
$20K-$35K 16.7%
$35K-$60K 25.0%
$60K-$100K 21.2%
>=$100K 15.3%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 39% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 7.0%
10-14 mins 3.9%
15-19 mins 7.7%
20-29 mins 13.5%
30-44 mins 24.4%
45-59 mins 25.1%
>60 mins 13.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $846 per month.

MY RENT : $846 MEDIAN RENT : $850

Rent % Distribution
$500-699 5.9%
$700-899 59.5%
$900-999 15.5%
$1,000-1,499 15.9%
>=$1,500 3.2%
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 $846 would therefore be considered affordable for annual household incomes greater than $33,840 (12 months x 3.333 x $846).

Rent % Affordability
Above $500 78.1%
Above $700 68.4%
Above $1,100 52.5%
Above $1,500 36.4%
Above $1,900 25.3%
HOUSEHOLD INCOME RANGE

Approximately 3,813 of households in this neighborhood have a total annual income of $33,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $846 per month.

MINIMUM INCOME RANGE : $33,840

Income % Distribution
<$20K 21.9%
$20K-$35K 16.7%
$35K-$60K 25.0%
$60K-$100K 21.2%
>=$100K 15.3%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 39% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 7.0%
10-14 mins 3.9%
15-19 mins 7.7%
20-29 mins 13.5%
30-44 mins 24.4%
45-59 mins 25.1%
>60 mins 13.6%

WELLSTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.9%
Construction 13.8%
Health Care & Social Assistance 11.7%
Manufacturing 11.6%
Public Administration 8.8%
Retail & Wholesale Trader 11.5%
Other 33.6%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 34% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 20.7%
15-19 8.1%
20-24 5.4%
25-44 21.8%
45-65 29.0%
66+ 15.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.2%
Healthcare 6.6%
Management, Business, & Financial 17.9%
Natural Resources Maintenance 15.5%
Production & Transportation 17.2%
Sales & Office 22.8%
Other 14.9%
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 6.7%
High School 42.9%
Masters Degree 3.0%
Some College 22.2%
Some High School 14.8%
Other 10.3%

1005 Birch St Comps

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1005 Birch St, Wellston, OK 74881 is a single family home of 1,632 sqft. HomeUnion INVESTimateĀ® for 1005 Birch St includes a Price Estimate of $73,313 and a Rent Estimate of $846. This single family home has 3 bedrooms,2 bathrooms, and was built in 1967. This property has an estimated 15 year annualized Yield of 13.85% and Total Return of 21.29%. The estimated 1 year forecast in home value for 1005 Birch St is 1.61%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , LINCOLN County , or the 74881 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 74079
  2. 73054
  3. 74834
  4. 74851
  5. 74023