INVESTimate
$50,710
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1020 19th Ave PROPERTY INFO
FACTS
- Built In 1910
- Price/Sqft : $80.11
CONSTRUCTION
- Beds : 0
- Floor Size : 1,847 sqft
- Baths : 2 Full
1020 19th Ave SCHOOLS
Financial Details
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ROCK VALLEY
Neighborhood : ROCK VALLEY
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 $1,129 per month.
MY RENT : $1,129 MEDIAN RENT : $976
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 $1,129 would therefore be considered affordable for annual household incomes greater than $45,160 (12 months x 3.333 x $1,129).
HOUSEHOLD INCOME RANGE
Approximately 1,055 of households in this neighborhood have a total annual income of $45,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,129 per month.
MINIMUM INCOME RANGE : $45,160
COMMUTE TIME DISTRIBUTION
20% of the working population has a commute time of 15 to 44 minutes, 73% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.
ROCK VALLEY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 10.7% |
Arts & Entertainment | 6.5% |
Educational Services | 9.4% |
Health Care & Social Assistance | 16.4% |
Manufacturing | 22.3% |
Retail & Wholesale Trader | 10.3% |
Other | 24.3% |
AGE DISTRIBUTION
46% of the population is between the ages of 25 and 64, 40% is 24 or younger and 14% is 65 or older.
Age | % Distribution |
---|---|
<15 | 25.1% |
15-19 | 6.8% |
20-24 | 8.7% |
25-44 | 22.2% |
45-65 | 23.5% |
66+ | 13.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 7.8% |
Management, Business, & Financial | 26.2% |
Natural Resources Maintenance | 6.0% |
PCare | 5.7% |
Production & Transportation | 26.4% |
Sales & Office | 17.9% |
Other | 9.9% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 13.9% |
High School | 37.1% |
Masters Degree | 3.0% |
Some College | 16.2% |
Some High School | 11.7% |
Other | 18.1% |
1020 19th Ave Comps
1020 19th Ave, Rock Valley, IA 51247 is a single family home of 1,847 sqft. HomeUnion INVESTimateĀ® for 1020 19th Ave includes a Price Estimate of $147,961 and a Rent Estimate of $1,129. This single family home has 0 bedrooms,2 bathrooms, and was built in 1910. This property has an estimated 15 year annualized Yield of 9.16% and Total Return of 12.81%. The estimated 1 year forecast in home value for 1020 19th Ave is 0.61%.
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