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1404 S 8th St PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $192.24
CONSTRUCTION
- Beds : 4
- Floor Size : 1,494 sqft
- Baths : 0 Full
1404 S 8th St SCHOOLS
Financial Details
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SAINT CHARLES
Neighborhood : SAINT CHARLES
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 93% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,999 per month.
MY RENT : $1,999 MEDIAN RENT : $1,711
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 $1,999 would therefore be considered affordable for annual household incomes greater than $79,960 (12 months x 3.333 x $1,999).
HOUSEHOLD INCOME RANGE
Approximately 6,048 of households in this neighborhood have a total annual income of $79,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,999 per month.
MINIMUM INCOME RANGE : $79,960
COMMUTE TIME DISTRIBUTION
49% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.
SAINT CHARLES Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.6% |
Educational Services | 10.1% |
Health Care & Social Assistance | 10.7% |
Manufacturing | 16.2% |
Professional & Scientific Tech Services | 9.2% |
Retail & Wholesale Trader | 13.6% |
Other | 31.6% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 30% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.4% |
15-19 | 6.8% |
20-24 | 5.5% |
25-44 | 22.6% |
45-65 | 31.0% |
66+ | 16.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 8.5% |
Healthcare | 5.7% |
Management, Business, & Financial | 26.3% |
Natural Resources Maintenance | 6.1% |
Production & Transportation | 10.2% |
Sales & Office | 25.5% |
Other | 17.6% |
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 | 6.8% |
High School | 19.8% |
Masters Degree | 12.6% |
Some College | 22.4% |
Some High School | 7.0% |
Other | 31.4% |
1404 S 8th St Comps
1404 S 8th St, Saint Charles, IL 60174 is a single family home of 1,494 sqft. HomeUnion INVESTimateĀ® for 1404 S 8th St includes a Price Estimate of $287,210 and a Rent Estimate of $1,999. This single family home has 4 bedrooms,0 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 8.35% and Total Return of 14.60%. The estimated 1 year forecast in home value for 1404 S 8th St is 2.24%.
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