Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

1006 Spotsylvania St New Athens, IL 62264

0 Beds 0 Baths 600 sqft Built 1954
Last updated:  Jan 23, 2020

INVESTimate

$53,564

$51.1K - $56.0K

Price Est.

$639

592 - 686

Rent Est.

$56,119  ( +4.77%)   1 YR EST. FORECAST

1006 Spotsylvania St PROPERTY INFO

FACTS
  • Built In 1954
  • Price/Sqft : $89.27
CONSTRUCTION
  • Beds : 0
  • Floor Size : 600 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
1006 Spotsylvania St, New Athens, IL 62264 is a single family home of 600 sqft. HomeUnion estimate for 1006 Spotsylvania St includes a Price Estimate of $53,564 and a Rent Estimate of $639. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1954. This property has an estimated 15 year annualized Yield of 14.32% and Total Return of 19.64%. The estimated 1 year forecast in home value for 1006 Spotsylvania St is 4.77%.
  
  
  

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

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 526 PRINCE OF WALES Stone Mountain, GA
    • 2 beds 2 baths ∙ 1,092 Sqft ∙ Built 1983 ∙ 1units 2 beds 2 baths ∙ 1,092 Sqft ∙ Built 1983 ∙ 1units
    AVAILABLE fmls
    • 12.96% GROSS YIELD
    • $7,630 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,080
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 707 VICKSBURG PLACE Sandy Springs, GA
    • 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 1982 ∙ 1units 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 1982 ∙ 1units
    AVAILABLE fmls
    • 12.21% GROSS YIELD
    • $9,520 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,730

1006 Spotsylvania St 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

NEW ATHENS

  • 3,316

    POPULATION
  • 1,268

    HOUSEHOLDS
  • 59.8%

    WHITE COLLAR

Neighborhood : NEW ATHENS

HOUSEHOLDS
1,268
POPULATION

3,316

22.3%Renters
77.7%Home Owners
LABOR FORCE

 

59.8%White Collar
40.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $639 per month.

MY RENT : $639 MEDIAN RENT : $721

Rent % Distribution LEVEL
$400-699 44.0%
$700-899 31.6%
$900-999 14.8%
$1,000-1,499 9.6%
>=$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 $639 would therefore be considered affordable for annual household incomes greater than $25,560 (12 months x 3.333 x $639).

Rent % Affordability
Above $500 87.7%
Above $700 78.1%
Above $1,100 64.0%
Above $1,500 47.0%
Above $1,900 38.0%
HOUSEHOLD INCOME RANGE

Approximately 2,599 of households in this neighborhood have a total annual income of $25,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $639 per month.

MINIMUM INCOME RANGE : $25,560

Income % Distribution
<$20K 12.3%
$20K-$35K 14.2%
$35K-$60K 26.5%
$60K-$100K 24.6%
>=$100K 22.4%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.6%
5-9 mins 5.6%
10-14 mins 8.6%
15-19 mins 7.4%
20-29 mins 15.1%
30-44 mins 33.6%
45-59 mins 11.3%
>60 mins 9.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $639 per month.

MY RENT : $639 MEDIAN RENT : $721

Rent % Distribution
$400-699 44.0%
$700-899 31.6%
$900-999 14.8%
$1,000-1,499 9.6%
>=$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 $639 would therefore be considered affordable for annual household incomes greater than $25,560 (12 months x 3.333 x $639).

Rent % Affordability
Above $500 87.7%
Above $700 78.1%
Above $1,100 64.0%
Above $1,500 47.0%
Above $1,900 38.0%
HOUSEHOLD INCOME RANGE

Approximately 2,599 of households in this neighborhood have a total annual income of $25,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $639 per month.

MINIMUM INCOME RANGE : $25,560

Income % Distribution
<$20K 12.3%
$20K-$35K 14.2%
$35K-$60K 26.5%
$60K-$100K 24.6%
>=$100K 22.4%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.6%
5-9 mins 5.6%
10-14 mins 8.6%
15-19 mins 7.4%
20-29 mins 15.1%
30-44 mins 33.6%
45-59 mins 11.3%
>60 mins 9.8%

NEW ATHENS Demographics

INDUSTRY

Industry % Distribution
Construction 8.3%
Educational Services 6.9%
Health Care & Social Assistance 20.0%
Manufacturing 11.7%
Retail & Wholesale Trader 14.6%
Transportation 7.9%
Other 30.6%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 32% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 20.6%
15-19 6.8%
20-24 4.6%
25-44 25.4%
45-65 27.6%
66+ 15.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.7%
Healthcare 14.8%
Management, Business, & Financial 14.7%
Natural Resources Maintenance 10.5%
Production & Transportation 19.8%
Sales & Office 19.6%
Other 16.0%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.5%
High School 32.8%
Masters Degree 3.7%
Some College 26.4%
Some High School 10.5%
Other 15.0%

1006 Spotsylvania St Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , SAINT CLAIR County , or the 62264 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

No Zipcodes available