1. < Main S St

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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

1506 S Main St Denison, IA 51442

3 Beds 2 Baths 2,487 sqft Built 1963
Last updated:  Jan 23, 2020

INVESTimate

$177,074

$156K - $198K

Price Est.

$1,113

957 - $1.3K

Rent Est.

$58,425

Investment Est.

$180,899  ( +2.16%)   1 YR EST. FORECAST

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1506 S Main St PROPERTY INFO

FACTS
  • Built In 1963
  • Price/Sqft : $71.20
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,487 sqft
  • Baths : 2 Full

1506 S Main St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
20TH STREET ELEMENTARY SCHOOL Primary Regular 727 50 3
DENISON MIDDLE SCHOOL Middle Regular 442 28 4
DENISON HIGH SCHOOL High Regular 741 42 5

20TH STREET ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 727
  • # of teachers: 50
3
GreatSchools Rating

DENISON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 442
  • # of teachers: 28
4
GreatSchools Rating

DENISON HIGH SCHOOL

  • Education Level: High
  • # of students: 741
  • # of teachers: 42
5
GreatSchools Rating
 

Financial Details

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Neighborhood

DENISON

  • 9,814

    POPULATION

  • 3,241

    HOUSEHOLDS

  • 42.2%

    WHITE COLLAR

Neighborhood : DENISON

HOUSEHOLDS
3,241
POPULATION

9,814

34.7%Renters
65.3%Home Owners
LABOR FORCE

 

42.2%White Collar
57.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 27% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,113 per month.

MY RENT : $1,113 MEDIAN RENT : $891

Rent % Distribution LEVEL
$400-699 22.3%
$700-899 28.9%
$900-999 14.9%
$1,000-1,499 29.9%
>=$1,500 4.0%
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 $1,113 would therefore be considered affordable for annual household incomes greater than $44,520 (12 months x 3.333 x $1,113).

Rent % Affordability
Above $500 82.9%
Above $700 73.1%
Above $1,100 56.8%
Above $1,500 39.7%
Above $1,900 34.5%
HOUSEHOLD INCOME RANGE

Approximately 1,499 of households in this neighborhood have a total annual income of $44,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,113 per month.

MINIMUM INCOME RANGE : $44,520

Income % Distribution
<$20K 17.1%
$20K-$35K 17.9%
$35K-$60K 25.4%
$60K-$100K 17.6%
>=$100K 22.0%
COMMUTE TIME DISTRIBUTION

19% of the working population has a commute time of 15 to 44 minutes, 73% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.5%
5-9 mins 41.9%
10-14 mins 19.9%
15-19 mins 5.5%
20-29 mins 4.4%
30-44 mins 8.7%
45-59 mins 2.9%
>60 mins 5.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 27% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,113 per month.

MY RENT : $1,113 MEDIAN RENT : $891

Rent % Distribution
$400-699 22.3%
$700-899 28.9%
$900-999 14.9%
$1,000-1,499 29.9%
>=$1,500 4.0%
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 $1,113 would therefore be considered affordable for annual household incomes greater than $44,520 (12 months x 3.333 x $1,113).

Rent % Affordability
Above $500 82.9%
Above $700 73.1%
Above $1,100 56.8%
Above $1,500 39.7%
Above $1,900 34.5%
HOUSEHOLD INCOME RANGE

Approximately 1,499 of households in this neighborhood have a total annual income of $44,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,113 per month.

MINIMUM INCOME RANGE : $44,520

Income % Distribution
<$20K 17.1%
$20K-$35K 17.9%
$35K-$60K 25.4%
$60K-$100K 17.6%
>=$100K 22.0%
COMMUTE TIME DISTRIBUTION

19% of the working population has a commute time of 15 to 44 minutes, 73% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.5%
5-9 mins 41.9%
10-14 mins 19.9%
15-19 mins 5.5%
20-29 mins 4.4%
30-44 mins 8.7%
45-59 mins 2.9%
>60 mins 5.2%
DENISON Demographics
INDUSTRY

           

Industry % Distribution
Agriculture, Fishing & Game 5.6%
Arts & Entertainment 9.5%
Educational Services 6.4%
Health Care & Social Assistance 7.7%
Manufacturing 37.4%
Retail & Wholesale Trader 14.5%
Other 19.0%
OCCUPATION

           

Occupation % Distribution
Computer Engineering 3.3%
Construction 8.2%
Management, Business, & Financial 11.3%
Natural Resources Maintenance 9.1%
Production & Transportation 48.2%
Sales & Office 10.0%
Other 9.9%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 22.1%
15-19 8.4%
20-24 8.5%
25-44 23.2%
45-65 23.7%
66+ 14.2%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorā??s degree or higher.

Education Level % Distribution
Associates Degree 7.5%
High School 32.2%
Masters Degree 1.7%
Some College 16.3%
Some High School 31.4%
Other 10.9%

DENISON Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 5.6%
Arts & Entertainment 9.5%
Educational Services 6.4%
Health Care & Social Assistance 7.7%
Manufacturing 37.4%
Retail & Wholesale Trader 14.5%
Other 19.0%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 39% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 22.1%
15-19 8.4%
20-24 8.5%
25-44 23.2%
45-65 23.7%
66+ 14.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 3.3%
Construction 8.2%
Management, Business, & Financial 11.3%
Natural Resources Maintenance 9.1%
Production & Transportation 48.2%
Sales & Office 10.0%
Other 9.9%
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 7.5%
High School 32.2%
Masters Degree 1.7%
Some College 16.3%
Some High School 31.4%
Other 10.9%

1506 S Main St Comps

Sorry, we do not have sufficient data available.

1506 S Main St, Denison, IA 51442 is a single family home of 2,487 sqft. HomeUnion INVESTimateĀ® for 1506 S Main St includes a Price Estimate of $177,074 and a Rent Estimate of $1,113. This single family home has 3 bedrooms,2 bathrooms, and was built in 1963. This property has an estimated 15 year annualized Yield of 7.54% and Total Return of 11.79%. The estimated 1 year forecast in home value for 1506 S Main St is 2.16%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , CRAWFORD County , or the 51442 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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