INVESTimate
$35,589
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1522 S Main St PROPERTY INFO
FACTS
- Built In 1976
- Price/Sqft : $89.12
CONSTRUCTION
- Beds : 2
- Floor Size : 1,020 sqft
- Baths : 1 Full
1522 S Main St SCHOOLS
Financial Details
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DENISON
Neighborhood : DENISON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $741 per month.
MY RENT : $741 MEDIAN RENT : $891
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 $741 would therefore be considered affordable for annual household incomes greater than $29,640 (12 months x 3.333 x $741).
HOUSEHOLD INCOME RANGE
Approximately 7,410 of households in this neighborhood have a total annual income of $29,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $741 per month.
MINIMUM INCOME RANGE : $29,640
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.
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% |
1522 S Main St Comps
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1522 S Main St, Denison, IA 51442 is a single family home of 1,020 sqft. HomeUnion INVESTimateĀ® for 1522 S Main St includes a Price Estimate of $90,903 and a Rent Estimate of $741. This single family home has 2 bedrooms,1 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 9.78% and Total Return of 14.48%. The estimated 1 year forecast in home value for 1522 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
