161 Picasso Dr PROPERTY INFO
FACTS
- Built In 2001
- Price/Sqft : $106.41
CONSTRUCTION
- Beds : 4
- Floor Size : 3,242 sqft
- Baths : 3 Full 1 Half
PROPERTY DESCRIPTION
161 Picasso Dr, Saint Charles, IL 60175 is a single family home of 3,242 sqft. HomeUnion estimate for 161 Picasso Dr includes a Price Estimate of $344,988 and a Rent Estimate of $3,166. This single family home has 4 bedrooms, 4 bathrooms, and was built in 2001. This property has an estimated 15 year annualized Yield of 11.01% and Total Return of 24.55%. The estimated 1 year forecast in home value for 161 Picasso Dr is 3.04%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
161 Picasso Dr SCHOOLS
Financial Details
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SAINT CHARLES
Neighborhood : SAINT CHARLES
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,166 per month.
MY RENT : $3,166 MEDIAN RENT : $1,854
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 $3,166 would therefore be considered affordable for annual household incomes greater than $126,640 (12 months x 3.333 x $3,166).
HOUSEHOLD INCOME RANGE
Approximately 2,559 of households in this neighborhood have a total annual income of $126,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,166 per month.
MINIMUM INCOME RANGE : $126,640
COMMUTE TIME DISTRIBUTION
45% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.
SAINT CHARLES Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.7% |
Educational Services | 9.9% |
Health Care & Social Assistance | 10.3% |
Manufacturing | 13.7% |
Professional & Scientific Tech Services | 11.1% |
Retail & Wholesale Trader | 15.8% |
Other | 30.6% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 35% is 24 or younger and 12% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.6% |
15-19 | 9.1% |
20-24 | 5.5% |
25-44 | 21.8% |
45-65 | 31.2% |
66+ | 11.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 7.8% |
Healthcare | 8.1% |
Management, Business, & Financial | 32.1% |
Natural Resources Maintenance | 5.9% |
Production & Transportation | 5.8% |
Sales & Office | 26.3% |
Other | 14.1% |
HIGHEST EDUCATION LEVEL
27% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.4% |
High School | 16.0% |
Masters Degree | 15.5% |
Some College | 19.3% |
Some High School | 4.5% |
Other | 37.3% |
161 Picasso Dr Comps
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