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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

16 Jacob Dr Jefferson City, MT 59638

3 Beds 2 Baths 1,829 sqft Built 2005
Last updated:  Jan 23, 2020

INVESTimate

$310,072

$277K - $343K

Price Est.

$1,543

$1.3K - $1.7K

Rent Est.

$318,320  ( +2.66%)   1 YR EST. FORECAST
  
  
  

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16 Jacob Dr PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $169.53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,829 sqft
  • Baths : 2 Full

16 Jacob Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CLANCY SCHOOL Primary Regular 189 14 9
CLANCY SCHOOL Middle Regular 189 14 9
JEFFERSON HIGH SCHOOL High Regular 215 16 7

CLANCY SCHOOL

  • Education Level: Primary
  • # of students: 189
  • # of teachers: 14
9
GreatSchools Rating

CLANCY SCHOOL

  • Education Level: Middle
  • # of students: 189
  • # of teachers: 14
9
GreatSchools Rating

JEFFERSON HIGH SCHOOL

  • Education Level: High
  • # of students: 215
  • # of teachers: 16
7
GreatSchools Rating
 

Financial Details

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Neighborhood

JEFFERSON CITY

  • 744

    POPULATION
  • 280

    HOUSEHOLDS
  • 68.3%

    WHITE COLLAR

Neighborhood : JEFFERSON CITY

HOUSEHOLDS
280
POPULATION

744

20.8%Renters
79.2%Home Owners
LABOR FORCE

 

68.3%White Collar
31.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 53% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,543 per month.

MY RENT : $1,543 MEDIAN RENT : $1,587

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.4%
$900-999 4.4%
$1,000-1,499 41.9%
>=$1,500 53.3%
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 $1,543 would therefore be considered affordable for annual household incomes greater than $61,720 (12 months x 3.333 x $1,543).

Rent % Affordability
Above $500 88.5%
Above $700 79.1%
Above $1,100 64.5%
Above $1,500 54.8%
Above $1,900 43.6%
HOUSEHOLD INCOME RANGE

Approximately 97 of households in this neighborhood have a total annual income of $61,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,543 per month.

MINIMUM INCOME RANGE : $61,720

Income % Distribution
<$20K 11.5%
$20K-$35K 17.6%
$35K-$60K 16.1%
$60K-$100K 32.3%
>=$100K 22.6%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.3%
5-9 mins 6.9%
10-14 mins 13.5%
15-19 mins 14.4%
20-29 mins 34.5%
30-44 mins 15.7%
45-59 mins 6.6%
>60 mins 3.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 53% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,543 per month.

MY RENT : $1,543 MEDIAN RENT : $1,587

Rent % Distribution
$500-699 0.0%
$700-899 0.4%
$900-999 4.4%
$1,000-1,499 41.9%
>=$1,500 53.3%
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 $1,543 would therefore be considered affordable for annual household incomes greater than $61,720 (12 months x 3.333 x $1,543).

Rent % Affordability
Above $500 88.5%
Above $700 79.1%
Above $1,100 64.5%
Above $1,500 54.8%
Above $1,900 43.6%
HOUSEHOLD INCOME RANGE

Approximately 97 of households in this neighborhood have a total annual income of $61,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,543 per month.

MINIMUM INCOME RANGE : $61,720

Income % Distribution
<$20K 11.5%
$20K-$35K 17.6%
$35K-$60K 16.1%
$60K-$100K 32.3%
>=$100K 22.6%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.3%
5-9 mins 6.9%
10-14 mins 13.5%
15-19 mins 14.4%
20-29 mins 34.5%
30-44 mins 15.7%
45-59 mins 6.6%
>60 mins 3.1%

JEFFERSON CITY Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.8%
Arts & Entertainment 14.2%
Construction 8.4%
Health Care & Social Assistance 11.7%
Public Administration 13.3%
Retail & Wholesale Trader 11.7%
Other 32.8%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 29% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 21.0%
15-19 4.4%
20-24 3.8%
25-44 22.4%
45-65 33.1%
66+ 15.3%
OCCUPATION

Occupation % Distribution
Education 7.8%
Healthcare 5.5%
Management, Business, & Financial 27.6%
Natural Resources Maintenance 10.1%
Production & Transportation 5.5%
Sales & Office 22.1%
Other 21.2%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.5%
High School 27.1%
Masters Degree 6.8%
Some College 30.7%
Some High School 4.7%
Other 22.2%

16 Jacob Dr Comps

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16 Jacob Dr, Jefferson City, MT 59638 is a single family home of 1,829 sqft. HomeUnion INVESTimateĀ® for 16 Jacob Dr includes a Price Estimate of $310,072 and a Rent Estimate of $1,543. This single family home has 3 bedrooms,2 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 5.97% and Total Return of 14.26%. The estimated 1 year forecast in home value for 16 Jacob Dr is 2.66%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MT , JEFFERSON County , or the 59638 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 59634