INVESTimate
$46,298
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1171 Vermont Ave PROPERTY INFO
FACTS
- Built In 1969
- Price/Sqft : $66.66
CONSTRUCTION
- Beds : 3
- Floor Size : 1,970 sqft
- Baths : 1 Full 1 Half
1171 Vermont Ave SCHOOLS
Financial Details
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BENNETT
Neighborhood : BENNETT
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,067 per month.
MY RENT : $1,067 MEDIAN RENT : $1,032
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 $1,067 would therefore be considered affordable for annual household incomes greater than $42,680 (12 months x 3.333 x $1,067).
HOUSEHOLD INCOME RANGE
Approximately 196 of households in this neighborhood have a total annual income of $42,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,067 per month.
MINIMUM INCOME RANGE : $42,680
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
BENNETT Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 8.1% |
Construction | 10.8% |
Health Care & Social Assistance | 14.4% |
Manufacturing | 17.1% |
Public Administration | 6.6% |
Retail & Wholesale Trader | 18.3% |
Other | 24.7% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 34% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.6% |
15-19 | 5.3% |
20-24 | 7.8% |
25-44 | 25.2% |
45-65 | 24.4% |
66+ | 16.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 4.8% |
Healthcare | 6.5% |
Management, Business, & Financial | 28.0% |
Natural Resources Maintenance | 19.1% |
Production & Transportation | 14.7% |
Sales & Office | 17.1% |
Other | 9.9% |
HIGHEST EDUCATION LEVEL
23% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 15.9% |
High School | 39.6% |
Masters Degree | 6.8% |
Some College | 18.7% |
Some High School | 4.8% |
Other | 14.1% |
1171 Vermont Ave Comps
1171 Vermont Ave, Bennett, IA 52721 is a single family home of 1,970 sqft. HomeUnion INVESTimateĀ® for 1171 Vermont Ave includes a Price Estimate of $131,314 and a Rent Estimate of $1,067. This single family home has 3 bedrooms,2 bathrooms, and was built in 1969. This property has an estimated 15 year annualized Yield of 9.75% and Total Return of 19.56%. The estimated 1 year forecast in home value for 1171 Vermont Ave is 3.16%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , CEDAR County , or the 52721 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2