Financial Details15024 Iowa Oak Grove Ave PROPERTY INFO
FACTS
- Built In 1973
- Price/Sqft : $49.49
CONSTRUCTION
- Beds : 3
- Floor Size : 3,024 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
15024 Iowa Oak Grove Ave, Douds, IA 52551 is a single family home of 3,024 sqft. HomeUnion estimate for 15024 Iowa Oak Grove Ave includes a Price Estimate of $149,667 and a Rent Estimate of $1,115. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1973. This property has an estimated 15 year annualized Yield of 8.94% and Total Return of 13.49%. The estimated 1 year forecast in home value for 15024 Iowa Oak Grove Ave is 0%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
15024 Iowa Oak Grove Ave SCHOOLS
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Financial Details
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DOUDS
Neighborhood : DOUDS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 14% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,115 per month.
MY RENT : $1,115 MEDIAN RENT : $750
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 $1,115 would therefore be considered affordable for annual household incomes greater than $44,600 (12 months x 3.333 x $1,115).
HOUSEHOLD INCOME RANGE
Approximately 121 of households in this neighborhood have a total annual income of $44,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,115 per month.
MINIMUM INCOME RANGE : $44,600
COMMUTE TIME DISTRIBUTION
69% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
DOUDS Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 11.2% |
| Health Care & Social Assistance | 22.3% |
| Manufacturing | 17.8% |
| Professional & Scientific Tech Services | 8.1% |
| Public Administration | 11.7% |
| Retail & Wholesale Trader | 9.6% |
| Other | 19.3% |
AGE DISTRIBUTION
62% of the population is between the ages of 25 and 64, 19% is 24 or younger and 19% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 9.0% |
| 15-19 | 5.2% |
| 20-24 | 5.0% |
| 25-44 | 20.8% |
| 45-65 | 40.8% |
| 66+ | 19.2% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 12.2% |
| Management, Business, & Financial | 12.2% |
| Natural Resources Maintenance | 24.4% |
| Production & Transportation | 13.7% |
| Protect | 17.6% |
| Sales & Office | 9.2% |
| Other | 10.7% |
HIGHEST EDUCATION LEVEL
26% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 21.2% |
| High School | 36.9% |
| Masters Degree | 4.7% |
| Some College | 18.8% |
| Some High School | 6.6% |
| Other | 11.9% |
15024 Iowa Oak Grove Ave Comps
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