INVESTimate
$87,999
104 Wood Smoke Rd PROPERTY INFO
FACTS
- Built In 1996
- Price/Sqft : $102.44
CONSTRUCTION
- Beds : 3
- Floor Size : 2,818 sqft
- Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
104 Wood Smoke Rd, Denver, IA 50622 is a single family home of 2,818 sqft. HomeUnion estimate for 104 Wood Smoke Rd includes a Price Estimate of $288,677 and a Rent Estimate of $1,562. This single family home has 3 bedrooms, 3 bathrooms, and was built in 1996. This property has an estimated 15 year annualized Yield of 6.49% and Total Return of 14.12%. The estimated 1 year forecast in home value for 104 Wood Smoke Rd is 2.91%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
104 Wood Smoke Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
DENVER
Neighborhood : DENVER
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,562 per month.
MY RENT : $1,562 MEDIAN RENT : $1,271
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 $1,562 would therefore be considered affordable for annual household incomes greater than $62,480 (12 months x 3.333 x $1,562).
HOUSEHOLD INCOME RANGE
Approximately 600 of households in this neighborhood have a total annual income of $62,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,562 per month.
MINIMUM INCOME RANGE : $62,480
COMMUTE TIME DISTRIBUTION
71% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.
DENVER Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 5.3% |
Educational Services | 10.0% |
Health Care & Social Assistance | 13.9% |
Manufacturing | 24.4% |
Professional & Scientific Tech Services | 5.7% |
Retail & Wholesale Trader | 12.7% |
Other | 27.9% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 30% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 22.2% |
15-19 | 4.4% |
20-24 | 3.2% |
25-44 | 25.9% |
45-65 | 27.6% |
66+ | 16.9% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 9.7% |
Healthcare | 7.5% |
Management, Business, & Financial | 22.2% |
Natural Resources Maintenance | 6.2% |
Production & Transportation | 15.5% |
Sales & Office | 22.0% |
Other | 16.8% |
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 | 18.0% |
High School | 32.0% |
Masters Degree | 7.0% |
Some College | 18.1% |
Some High School | 4.1% |
Other | 20.8% |
104 Wood Smoke Rd Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , BREMER County , or the 50622 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2