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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

159 Herndon Rd Wright City, OK 74766

2 Beds 1 Baths 1,260 sqft Built 1999
Last updated:  Jan 23, 2020

INVESTimate

$115,813

$108K - $124K

Price Est.

$768

682 - 854

Rent Est.

$125,414  ( +8.29%)   1 YR EST. FORECAST
  
  
  

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159 Herndon Rd PROPERTY INFO

FACTS
  • Built In 1999
  • Price/Sqft : $91.92
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,260 sqft
  • Baths : 1 Full

159 Herndon Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WRIGHT CITY ELEMENTARY SCHOOL Primary Regular 231 18 9
WRIGHT CITY ELEMENTARY SCHOOL Middle Regular 231 18 9
WRIGHT CITY HIGH SCHOOL High Regular 132 11 7

WRIGHT CITY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 231
  • # of teachers: 18
9
GreatSchools Rating

WRIGHT CITY ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 231
  • # of teachers: 18
9
GreatSchools Rating

WRIGHT CITY HIGH SCHOOL

  • Education Level: High
  • # of students: 132
  • # of teachers: 11
7
GreatSchools Rating
 

Financial Details

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Neighborhood

WRIGHT CITY

  • 1,410

    POPULATION
  • 540

    HOUSEHOLDS
  • 44.7%

    WHITE COLLAR

Neighborhood : WRIGHT CITY

HOUSEHOLDS
540
POPULATION

1,410

20.4%Renters
79.6%Home Owners
LABOR FORCE

 

44.7%White Collar
55.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $768 per month.

MY RENT : $768 MEDIAN RENT : $758

Rent % Distribution LEVEL
$500-699 17.6%
$700-899 66.5%
$900-999 9.4%
$1,000-1,499 5.9%
>=$1,500 0.6%
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 $768 would therefore be considered affordable for annual household incomes greater than $30,720 (12 months x 3.333 x $768).

Rent % Affordability
Above $500 64.8%
Above $700 53.4%
Above $1,100 35.9%
Above $1,500 26.9%
Above $1,900 20.9%
HOUSEHOLD INCOME RANGE

Approximately 1,235 of households in this neighborhood have a total annual income of $30,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $768 per month.

MINIMUM INCOME RANGE : $30,720

Income % Distribution
<$20K 35.2%
$20K-$35K 20.2%
$35K-$60K 17.8%
$60K-$100K 15.7%
>=$100K 11.1%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.5%
5-9 mins 12.9%
10-14 mins 10.6%
15-19 mins 6.7%
20-29 mins 31.9%
30-44 mins 25.0%
45-59 mins 4.0%
>60 mins 1.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $768 per month.

MY RENT : $768 MEDIAN RENT : $758

Rent % Distribution
$500-699 17.6%
$700-899 66.5%
$900-999 9.4%
$1,000-1,499 5.9%
>=$1,500 0.6%
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 $768 would therefore be considered affordable for annual household incomes greater than $30,720 (12 months x 3.333 x $768).

Rent % Affordability
Above $500 64.8%
Above $700 53.4%
Above $1,100 35.9%
Above $1,500 26.9%
Above $1,900 20.9%
HOUSEHOLD INCOME RANGE

Approximately 1,235 of households in this neighborhood have a total annual income of $30,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $768 per month.

MINIMUM INCOME RANGE : $30,720

Income % Distribution
<$20K 35.2%
$20K-$35K 20.2%
$35K-$60K 17.8%
$60K-$100K 15.7%
>=$100K 11.1%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.5%
5-9 mins 12.9%
10-14 mins 10.6%
15-19 mins 6.7%
20-29 mins 31.9%
30-44 mins 25.0%
45-59 mins 4.0%
>60 mins 1.5%

WRIGHT CITY Demographics

INDUSTRY

Industry % Distribution
Construction 14.5%
Educational Services 14.5%
Health Care & Social Assistance 12.5%
Manufacturing 19.4%
Retail & Wholesale Trader 10.6%
Transportation 6.5%
Other 21.9%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 36% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 21.1%
15-19 8.6%
20-24 6.0%
25-44 22.1%
45-65 26.6%
66+ 15.6%
OCCUPATION

Occupation % Distribution
Construction 11.1%
Management, Business, & Financial 6.7%
Natural Resources Maintenance 14.3%
Production & Transportation 27.5%
Protect 4.6%
Sales & Office 19.7%
Other 16.2%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.4%
High School 45.0%
Masters Degree 3.1%
Some College 18.5%
Some High School 19.1%
Other 7.9%

159 Herndon Rd Comps

Sorry, we do not have sufficient data available.

159 Herndon Rd, Wright City, OK 74766 is a single family home of 1,260 sqft. HomeUnion INVESTimateĀ® for 159 Herndon Rd includes a Price Estimate of $115,813 and a Rent Estimate of $768. This single family home has 2 bedrooms,1 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 7.96% and Total Return of 23.73%. The estimated 1 year forecast in home value for 159 Herndon Rd is 8.29%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , MCCURTAIN County , or the 74766 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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