Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

108 W Lucas St Sibley, IL 61773

3 Beds 1 Baths 1,228 sqft Built 1910
Last updated:  Dec 26, 2019

INVESTimate

$78,509

$72.2K - $84.8K

Price Est.

$1,174

$1.0K - $1.3K

Rent Est.

$81,108  ( +3.31%)   1 YR EST. FORECAST
  
  
  

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

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

108 W Lucas St PROPERTY INFO

FACTS
  • Built In 1910
  • Price/Sqft : $63.93
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,228 sqft
  • Baths : 1 Full

108 W Lucas St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GCMS ELEMENTARY SCHOOL Primary Regular 498 37 9
GCMS MIDDLE SCHOOL Middle Regular 259 17 9
GCMS HIGH SCHOOL High Regular 304 27 8

GCMS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 498
  • # of teachers: 37
9
GreatSchools Rating

GCMS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 259
  • # of teachers: 17
9
GreatSchools Rating

GCMS HIGH SCHOOL

  • Education Level: High
  • # of students: 304
  • # of teachers: 27
8
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

SIBLEY

  • 434

    POPULATION
  • 209

    HOUSEHOLDS
  • 65.7%

    WHITE COLLAR

Neighborhood : SIBLEY

HOUSEHOLDS
209
POPULATION

434

18.5%Renters
81.5%Home Owners
LABOR FORCE

 

65.7%White Collar
34.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 56% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,174 per month.

MY RENT : $1,174 MEDIAN RENT : $1,177

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 3.9%
$900-999 10.7%
$1,000-1,499 83.1%
>=$1,500 2.2%
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 $1,174 would therefore be considered affordable for annual household incomes greater than $46,960 (12 months x 3.333 x $1,174).

Rent % Affordability
Above $500 90.4%
Above $700 86.5%
Above $1,100 72.6%
Above $1,500 60.1%
Above $1,900 44.3%
HOUSEHOLD INCOME RANGE

Approximately 135 of households in this neighborhood have a total annual income of $46,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,174 per month.

MINIMUM INCOME RANGE : $46,960

Income % Distribution
<$20K 9.6%
$20K-$35K 7.7%
$35K-$60K 22.6%
$60K-$100K 25.5%
>=$100K 34.6%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 10.5%
10-14 mins 17.4%
15-19 mins 15.3%
20-29 mins 12.1%
30-44 mins 20.5%
45-59 mins 17.4%
>60 mins 4.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 56% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,174 per month.

MY RENT : $1,174 MEDIAN RENT : $1,177

Rent % Distribution
$500-699 0.0%
$700-899 3.9%
$900-999 10.7%
$1,000-1,499 83.1%
>=$1,500 2.2%
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 $1,174 would therefore be considered affordable for annual household incomes greater than $46,960 (12 months x 3.333 x $1,174).

Rent % Affordability
Above $500 90.4%
Above $700 86.5%
Above $1,100 72.6%
Above $1,500 60.1%
Above $1,900 44.3%
HOUSEHOLD INCOME RANGE

Approximately 135 of households in this neighborhood have a total annual income of $46,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,174 per month.

MINIMUM INCOME RANGE : $46,960

Income % Distribution
<$20K 9.6%
$20K-$35K 7.7%
$35K-$60K 22.6%
$60K-$100K 25.5%
>=$100K 34.6%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 10.5%
10-14 mins 17.4%
15-19 mins 15.3%
20-29 mins 12.1%
30-44 mins 20.5%
45-59 mins 17.4%
>60 mins 4.2%

SIBLEY Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 13.6%
Construction 7.5%
Educational Services 11.2%
Health Care & Social Assistance 13.1%
Manufacturing 15.9%
Retail & Wholesale Trader 15.0%
Other 23.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 27% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 16.4%
15-19 3.7%
20-24 6.7%
25-44 21.4%
45-65 33.9%
66+ 18.0%
OCCUPATION

Occupation % Distribution
Construction 8.4%
Healthcare 7.2%
Management, Business, & Financial 26.5%
Natural Resources Maintenance 21.1%
Production & Transportation 11.4%
Sales & Office 13.9%
Other 11.4%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.5%
High School 35.2%
Masters Degree 9.2%
Some College 20.8%
Some High School 5.5%
Other 23.9%

108 W Lucas St Comps

Sorry, we do not have sufficient data available.

108 W Lucas St, Sibley, IL 61773 is a single family home of 1,228 sqft. HomeUnion INVESTimateĀ® for 108 W Lucas St includes a Price Estimate of $78,509 and a Rent Estimate of $1,174. This single family home has 3 bedrooms,1 bathrooms, and was built in 1910. This property has an estimated 15 year annualized Yield of 17.94% and Total Return of 31.31%. The estimated 1 year forecast in home value for 108 W Lucas St is 3.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , FORD County , or the 61773 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Lucas W St

  1. 101 W Lucas St
  2. 108 W Lucas St
  3. 119 W Lucas St

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

No Zipcodes available