INVESTimate
$36,583
15471 Emerald Rd PROPERTY INFO
FACTS
- Built In 1963
- Price/Sqft : $48.79
CONSTRUCTION
- Beds : 3
- Floor Size : 1,940 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
15471 Emerald Rd, Douds, IA 52551 is a single family home of 1,940 sqft. HomeUnion estimate for 15471 Emerald Rd includes a Price Estimate of $94,654 and a Rent Estimate of $903. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1963. This property has an estimated 15 year annualized Yield of 11.45% and Total Return of 14.83%. The estimated 1 year forecast in home value for 15471 Emerald Rd is 0%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
15471 Emerald Rd SCHOOLS
Financial Details
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DOUDS
Neighborhood : DOUDS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $903 per month.
MY RENT : $903 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 $903 would therefore be considered affordable for annual household incomes greater than $36,120 (12 months x 3.333 x $903).
HOUSEHOLD INCOME RANGE
Approximately 126 of households in this neighborhood have a total annual income of $36,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $903 per month.
MINIMUM INCOME RANGE : $36,120
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% |
15471 Emerald Rd Comps
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