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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

106 2nd Ave Ne Pocahontas, IA 50574

0 Beds 2 Baths 1,060 sqft Built 1895
Last updated:  Jan 23, 2020

INVESTimate

$44,407

$41.3K - $47.5K

Price Est.

$586

512 - 660

Rent Est.

$44,407  ( 0%)   1 YR EST. FORECAST
  
  
  

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106 2nd Ave Ne PROPERTY INFO

FACTS
  • Built In 1895
  • Price/Sqft : $41.89
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,060 sqft
  • Baths : 1 Full 1 Half

106 2nd Ave Ne SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
POCAHONTAS AREA ELEMENTARY SCHOOL Primary Regular 236 21 7
POCAHONTAS AREA MIDDLE-HIGH SCHOOL Middle Regular 206 20 4
POCAHONTAS AREA MIDDLE-HIGH SCHOOL High Regular 206 20 4

POCAHONTAS AREA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 236
  • # of teachers: 21
7
GreatSchools Rating

POCAHONTAS AREA MIDDLE-HIGH SCHOOL

  • Education Level: Middle
  • # of students: 206
  • # of teachers: 20
4
GreatSchools Rating

POCAHONTAS AREA MIDDLE-HIGH SCHOOL

  • Education Level: High
  • # of students: 206
  • # of teachers: 20
4
GreatSchools Rating
 

Financial Details

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Neighborhood

POCAHONTAS

  • 2,148

    POPULATION
  • 1,013

    HOUSEHOLDS
  • 49.8%

    WHITE COLLAR

Neighborhood : POCAHONTAS

HOUSEHOLDS
1,013
POPULATION

2,148

19.9%Renters
80.1%Home Owners
LABOR FORCE

 

49.8%White Collar
50.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $586 per month.

MY RENT : $586 MEDIAN RENT : $696

Rent % Distribution LEVEL
$500-699 55.4%
$700-899 24.3%
$900-999 7.3%
$1,000-1,499 12.6%
>=$1,500 0.5%
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 $586 would therefore be considered affordable for annual household incomes greater than $23,440 (12 months x 3.333 x $586).

Rent % Affordability
Above $500 79.6%
Above $700 72.7%
Above $1,100 54.8%
Above $1,500 43.5%
Above $1,900 29.2%
HOUSEHOLD INCOME RANGE

Approximately 1,941 of households in this neighborhood have a total annual income of $23,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $586 per month.

MINIMUM INCOME RANGE : $23,440

Income % Distribution
<$20K 20.4%
$20K-$35K 13.4%
$35K-$60K 22.7%
$60K-$100K 25.9%
>=$100K 17.6%
COMMUTE TIME DISTRIBUTION

32% of the working population has a commute time of 15 to 44 minutes, 57% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 20.1%
5-9 mins 29.8%
10-14 mins 7.3%
15-19 mins 11.6%
20-29 mins 11.9%
30-44 mins 8.5%
45-59 mins 5.8%
>60 mins 5.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $586 per month.

MY RENT : $586 MEDIAN RENT : $696

Rent % Distribution
$500-699 55.4%
$700-899 24.3%
$900-999 7.3%
$1,000-1,499 12.6%
>=$1,500 0.5%
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 $586 would therefore be considered affordable for annual household incomes greater than $23,440 (12 months x 3.333 x $586).

Rent % Affordability
Above $500 79.6%
Above $700 72.7%
Above $1,100 54.8%
Above $1,500 43.5%
Above $1,900 29.2%
HOUSEHOLD INCOME RANGE

Approximately 1,941 of households in this neighborhood have a total annual income of $23,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $586 per month.

MINIMUM INCOME RANGE : $23,440

Income % Distribution
<$20K 20.4%
$20K-$35K 13.4%
$35K-$60K 22.7%
$60K-$100K 25.9%
>=$100K 17.6%
COMMUTE TIME DISTRIBUTION

32% of the working population has a commute time of 15 to 44 minutes, 57% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 20.1%
5-9 mins 29.8%
10-14 mins 7.3%
15-19 mins 11.6%
20-29 mins 11.9%
30-44 mins 8.5%
45-59 mins 5.8%
>60 mins 5.0%

POCAHONTAS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 11.2%
Educational Services 6.9%
Health Care & Social Assistance 9.7%
Manufacturing 14.5%
Retail & Wholesale Trader 17.7%
Transportation 9.7%
Other 30.3%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 29% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 17.5%
15-19 4.8%
20-24 6.6%
25-44 19.0%
45-65 27.6%
66+ 24.6%
OCCUPATION

Occupation % Distribution
Construction 2.4%
Healthcare 4.2%
Management, Business, & Financial 17.2%
Natural Resources Maintenance 26.2%
Production & Transportation 18.9%
Sales & Office 21.8%
Other 9.2%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 17.3%
High School 38.8%
Masters Degree 1.4%
Some College 22.1%
Some High School 4.9%
Other 15.6%

106 2nd Ave Ne Comps

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106 2nd Ave Ne, Pocahontas, IA 50574 is a single family home of 1,060 sqft. HomeUnion INVESTimateĀ® for 106 2nd Ave Ne includes a Price Estimate of $44,407 and a Rent Estimate of $586. This single family home has 0 bedrooms,2 bathrooms, and was built in 1895. This property has an estimated 15 year annualized Yield of 15.84% and Total Return of 17.85%. The estimated 1 year forecast in home value for 106 2nd Ave Ne is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , POCAHONTAS County , or the 50574 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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