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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

1401 Se Madison St Idabel, OK 74745

3 Beds 2 Baths 1,216 sqft Built 1970
Last updated:  Jan 23, 2020

INVESTimate

$77,342

$72.0K - $82.6K

Price Est.

$763

677 - 849

Rent Est.

$81,812  ( +5.78%)   1 YR EST. FORECAST
  
  
  

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1401 Se Madison St PROPERTY INFO

FACTS
  • Built In 1970
  • Price/Sqft : $63.60
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,216 sqft
  • Baths : 1 Full 1 Half

1401 Se Madison St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CENTRAL ELEMENTARY SCHOOL Primary Regular 260 16 2
IDABEL MIDDLE SCHOOL Middle Regular 237 20 4
IDABEL HIGH SCHOOL High Regular 405 33 3

CENTRAL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 260
  • # of teachers: 16
2
GreatSchools Rating

IDABEL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 237
  • # of teachers: 20
4
GreatSchools Rating

IDABEL HIGH SCHOOL

  • Education Level: High
  • # of students: 405
  • # of teachers: 33
3
GreatSchools Rating
 

Financial Details

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Neighborhood

IDABEL

  • 10,024

    POPULATION
  • 4,045

    HOUSEHOLDS
  • 51.6%

    WHITE COLLAR

Neighborhood : IDABEL

HOUSEHOLDS
4,045
POPULATION

10,024

40.1%Renters
59.9%Home Owners
LABOR FORCE

 

51.6%White Collar
48.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $763 per month.

MY RENT : $763 MEDIAN RENT : $723

Rent % Distribution LEVEL
$400-699 32.7%
$700-899 49.5%
$900-999 5.5%
$1,000-1,499 11.3%
>=$1,500 1.0%
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 $763 would therefore be considered affordable for annual household incomes greater than $30,520 (12 months x 3.333 x $763).

Rent % Affordability
Above $500 67.9%
Above $700 55.3%
Above $1,100 38.5%
Above $1,500 27.0%
Above $1,900 16.4%
HOUSEHOLD INCOME RANGE

Approximately 10,328 of households in this neighborhood have a total annual income of $30,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $763 per month.

MINIMUM INCOME RANGE : $30,520

Income % Distribution
<$20K 32.1%
$20K-$35K 23.1%
$35K-$60K 17.8%
$60K-$100K 17.1%
>=$100K 9.9%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 55% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 25.1%
10-14 mins 23.8%
15-19 mins 16.2%
20-29 mins 12.8%
30-44 mins 9.1%
45-59 mins 2.1%
>60 mins 4.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $763 per month.

MY RENT : $763 MEDIAN RENT : $723

Rent % Distribution
$400-699 32.7%
$700-899 49.5%
$900-999 5.5%
$1,000-1,499 11.3%
>=$1,500 1.0%
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 $763 would therefore be considered affordable for annual household incomes greater than $30,520 (12 months x 3.333 x $763).

Rent % Affordability
Above $500 67.9%
Above $700 55.3%
Above $1,100 38.5%
Above $1,500 27.0%
Above $1,900 16.4%
HOUSEHOLD INCOME RANGE

Approximately 10,328 of households in this neighborhood have a total annual income of $30,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $763 per month.

MINIMUM INCOME RANGE : $30,520

Income % Distribution
<$20K 32.1%
$20K-$35K 23.1%
$35K-$60K 17.8%
$60K-$100K 17.1%
>=$100K 9.9%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 55% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 25.1%
10-14 mins 23.8%
15-19 mins 16.2%
20-29 mins 12.8%
30-44 mins 9.1%
45-59 mins 2.1%
>60 mins 4.3%

IDABEL Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.7%
Construction 4.6%
Educational Services 7.3%
Health Care & Social Assistance 17.6%
Manufacturing 17.8%
Retail & Wholesale Trader 16.1%
Other 25.9%
AGE DISTRIBUTION

49% 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 21.9%
15-19 5.7%
20-24 6.6%
25-44 24.8%
45-65 23.9%
66+ 17.1%
OCCUPATION

Occupation % Distribution
Construction 6.7%
Healthcare 9.9%
Management, Business, & Financial 10.6%
Natural Resources Maintenance 9.0%
Production & Transportation 24.0%
Sales & Office 19.8%
Other 20.0%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.5%
High School 39.7%
Masters Degree 4.0%
Some College 20.8%
Some High School 16.9%
Other 12.0%

1401 Se Madison St Comps

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1401 Se Madison St, Idabel, OK 74745 is a single family home of 1,216 sqft. HomeUnion INVESTimateĀ® for 1401 Se Madison St includes a Price Estimate of $77,342 and a Rent Estimate of $763. This single family home has 3 bedrooms,2 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 11.84% and Total Return of 25.22%. The estimated 1 year forecast in home value for 1401 Se Madison St is 5.78%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , MCCURTAIN County , or the 74745 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 74728
  2. 74736
  3. 74734