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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

1223 300th Ave Colesburg, IA 52035

4 Beds 2 Baths 2,268 sqft Built 1954
Last updated:  Jan 23, 2020

INVESTimate

$144,295

$129K - $159K

Price Est.

$1,256

$1.1K - $1.4K

Rent Est.

$150,990  ( +4.64%)   1 YR EST. FORECAST
  
  
  

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1223 300th Ave PROPERTY INFO

FACTS
  • Built In 1954
  • Price/Sqft : $63.62
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,268 sqft
  • Baths : 2 Full

1223 300th Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EDGEWOOD-COLESBURG ELEMENTARY SCHOOL Primary Regular 309 24 5
EDGEWOOD-COLESBURG ELEMENTARY SCHOOL Middle Regular 309 24 5
EDGEWOOD-COLESBURG JUNIOR HIGH SCHOOL High Regular 275 21 5

EDGEWOOD-COLESBURG ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 309
  • # of teachers: 24
5
GreatSchools Rating

EDGEWOOD-COLESBURG ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 309
  • # of teachers: 24
5
GreatSchools Rating

EDGEWOOD-COLESBURG JUNIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 275
  • # of teachers: 21
5
GreatSchools Rating
 

Financial Details

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Neighborhood

COLESBURG

  • 965

    POPULATION
  • 407

    HOUSEHOLDS
  • 51.9%

    WHITE COLLAR

Neighborhood : COLESBURG

HOUSEHOLDS
407
POPULATION

965

14.4%Renters
85.6%Home Owners
LABOR FORCE

 

51.9%White Collar
48.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 17% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,256 per month.

MY RENT : $1,256 MEDIAN RENT : $920

Rent % Distribution LEVEL
$500-699 20.9%
$700-899 25.9%
$900-999 19.4%
$1,000-1,499 32.3%
>=$1,500 1.5%
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 $1,256 would therefore be considered affordable for annual household incomes greater than $50,240 (12 months x 3.333 x $1,256).

Rent % Affordability
Above $500 88.0%
Above $700 84.2%
Above $1,100 61.6%
Above $1,500 45.5%
Above $1,900 30.9%
HOUSEHOLD INCOME RANGE

Approximately 207 of households in this neighborhood have a total annual income of $50,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,256 per month.

MINIMUM INCOME RANGE : $50,240

Income % Distribution
<$20K 12.0%
$20K-$35K 11.2%
$35K-$60K 31.3%
$60K-$100K 29.8%
>=$100K 15.6%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 19% 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 7.1%
5-9 mins 6.6%
10-14 mins 5.2%
15-19 mins 19.5%
20-29 mins 21.4%
30-44 mins 18.6%
45-59 mins 14.4%
>60 mins 7.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 17% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,256 per month.

MY RENT : $1,256 MEDIAN RENT : $920

Rent % Distribution
$500-699 20.9%
$700-899 25.9%
$900-999 19.4%
$1,000-1,499 32.3%
>=$1,500 1.5%
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 $1,256 would therefore be considered affordable for annual household incomes greater than $50,240 (12 months x 3.333 x $1,256).

Rent % Affordability
Above $500 88.0%
Above $700 84.2%
Above $1,100 61.6%
Above $1,500 45.5%
Above $1,900 30.9%
HOUSEHOLD INCOME RANGE

Approximately 207 of households in this neighborhood have a total annual income of $50,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,256 per month.

MINIMUM INCOME RANGE : $50,240

Income % Distribution
<$20K 12.0%
$20K-$35K 11.2%
$35K-$60K 31.3%
$60K-$100K 29.8%
>=$100K 15.6%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 19% 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 7.1%
5-9 mins 6.6%
10-14 mins 5.2%
15-19 mins 19.5%
20-29 mins 21.4%
30-44 mins 18.6%
45-59 mins 14.4%
>60 mins 7.3%

COLESBURG Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 15.8%
Construction 6.8%
Educational Services 7.5%
Health Care & Social Assistance 13.0%
Manufacturing 22.2%
Retail & Wholesale Trader 12.2%
Other 22.6%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 31% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 21.6%
15-19 5.6%
20-24 3.5%
25-44 24.4%
45-65 26.6%
66+ 18.3%
OCCUPATION

Occupation % Distribution
Education 3.4%
Healthcare 7.1%
Management, Business, & Financial 20.8%
Natural Resources Maintenance 15.8%
Production & Transportation 26.7%
Sales & Office 15.5%
Other 10.6%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.7%
High School 51.0%
Masters Degree 0.7%
Some College 18.1%
Some High School 10.7%
Other 11.8%

1223 300th Ave Comps

Sorry, we do not have sufficient data available.

1223 300th Ave, Colesburg, IA 52035 is a single family home of 2,268 sqft. HomeUnion INVESTimateĀ® for 1223 300th Ave includes a Price Estimate of $144,295 and a Rent Estimate of $1,256. This single family home has 4 bedrooms,2 bathrooms, and was built in 1954. This property has an estimated 15 year annualized Yield of 10.45% and Total Return of 23.24%. The estimated 1 year forecast in home value for 1223 300th Ave is 4.64%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , DELAWARE County , or the 52035 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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