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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

119 Wheatheart Dr Tonkawa, OK 74653

3 Beds 2 Baths 2,701 sqft Built 1976
Last updated:  Jan 23, 2020

INVESTimate

$191,138

$180K - $202K

Price Est.

$990

867 - $1.1K

Rent Est.

$194,349  ( +1.68%)   1 YR EST. FORECAST
  
  
  

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119 Wheatheart Dr PROPERTY INFO

FACTS
  • Built In 1976
  • Price/Sqft : $70.77
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,701 sqft
  • Baths : 1 Full 1 Half

119 Wheatheart Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TONKAWA ELEMENTARY SCHOOL Primary Regular 371 24 8
TONKAWA MIDDLE SCHOOL Middle Regular 176 10 4
TONKAWA HIGH SCHOOL High Regular 212 13 7

TONKAWA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 371
  • # of teachers: 24
8
GreatSchools Rating

TONKAWA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 176
  • # of teachers: 10
4
GreatSchools Rating

TONKAWA HIGH SCHOOL

  • Education Level: High
  • # of students: 212
  • # of teachers: 13
7
GreatSchools Rating
 

Financial Details

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Neighborhood

TONKAWA

  • 3,842

    POPULATION
  • 1,466

    HOUSEHOLDS
  • 52.5%

    WHITE COLLAR

Neighborhood : TONKAWA

HOUSEHOLDS
1,466
POPULATION

3,842

33.4%Renters
66.6%Home Owners
LABOR FORCE

 

52.5%White Collar
47.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 18% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $990 per month.

MY RENT : $990 MEDIAN RENT : $771

Rent % Distribution LEVEL
$500-699 27.4%
$700-899 45.7%
$900-999 9.9%
$1,000-1,499 15.3%
>=$1,500 1.7%
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 $990 would therefore be considered affordable for annual household incomes greater than $39,600 (12 months x 3.333 x $990).

Rent % Affordability
Above $500 78.4%
Above $700 68.1%
Above $1,100 51.6%
Above $1,500 38.5%
Above $1,900 25.1%
HOUSEHOLD INCOME RANGE

Approximately 676 of households in this neighborhood have a total annual income of $39,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $990 per month.

MINIMUM INCOME RANGE : $39,600

Income % Distribution
<$20K 21.6%
$20K-$35K 17.6%
$35K-$60K 22.4%
$60K-$100K 24.3%
>=$100K 14.2%
COMMUTE TIME DISTRIBUTION

40% of the working population has a commute time of 15 to 44 minutes, 53% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.9%
5-9 mins 22.0%
10-14 mins 14.2%
15-19 mins 10.9%
20-29 mins 18.1%
30-44 mins 11.5%
45-59 mins 2.3%
>60 mins 4.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 18% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $990 per month.

MY RENT : $990 MEDIAN RENT : $771

Rent % Distribution
$500-699 27.4%
$700-899 45.7%
$900-999 9.9%
$1,000-1,499 15.3%
>=$1,500 1.7%
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 $990 would therefore be considered affordable for annual household incomes greater than $39,600 (12 months x 3.333 x $990).

Rent % Affordability
Above $500 78.4%
Above $700 68.1%
Above $1,100 51.6%
Above $1,500 38.5%
Above $1,900 25.1%
HOUSEHOLD INCOME RANGE

Approximately 676 of households in this neighborhood have a total annual income of $39,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $990 per month.

MINIMUM INCOME RANGE : $39,600

Income % Distribution
<$20K 21.6%
$20K-$35K 17.6%
$35K-$60K 22.4%
$60K-$100K 24.3%
>=$100K 14.2%
COMMUTE TIME DISTRIBUTION

40% of the working population has a commute time of 15 to 44 minutes, 53% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.9%
5-9 mins 22.0%
10-14 mins 14.2%
15-19 mins 10.9%
20-29 mins 18.1%
30-44 mins 11.5%
45-59 mins 2.3%
>60 mins 4.2%

TONKAWA Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.5%
Arts & Entertainment 13.1%
Construction 8.3%
Educational Services 12.9%
Health Care & Social Assistance 10.7%
Retail & Wholesale Trader 11.7%
Other 34.7%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 39% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 22.3%
15-19 8.7%
20-24 7.9%
25-44 21.5%
45-65 24.5%
66+ 15.1%
OCCUPATION

Occupation % Distribution
Construction 5.4%
Management, Business, & Financial 20.5%
Natural Resources Maintenance 14.6%
Production & Transportation 17.0%
Protect 4.5%
Sales & Office 19.6%
Other 18.4%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.6%
High School 29.2%
Masters Degree 5.2%
Some College 25.1%
Some High School 12.8%
Other 16.2%

119 Wheatheart Dr Comps

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119 Wheatheart Dr, Tonkawa, OK 74653 is a single family home of 2,701 sqft. HomeUnion INVESTimateĀ® for 119 Wheatheart Dr includes a Price Estimate of $191,138 and a Rent Estimate of $990. This single family home has 3 bedrooms,2 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 6.22% and Total Return of 10.96%. The estimated 1 year forecast in home value for 119 Wheatheart Dr is 1.68%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , KAY County , or the 74653 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 74601
  2. 74647