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1612 Reynolds Dr PROPERTY INFO
FACTS
- Built In 1965
- Price/Sqft : $64.94
CONSTRUCTION
- Beds : 3
- Floor Size : 2,416 sqft
- Baths : 2 Full 1 Half
1612 Reynolds Dr SCHOOLS
Financial Details
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CHARLESTON
Neighborhood : CHARLESTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 22% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,474 per month.
MY RENT : $1,474 MEDIAN RENT : $1,181
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 $1,474 would therefore be considered affordable for annual household incomes greater than $58,960 (12 months x 3.333 x $1,474).
HOUSEHOLD INCOME RANGE
Approximately 3,250 of households in this neighborhood have a total annual income of $58,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,474 per month.
MINIMUM INCOME RANGE : $58,960
COMMUTE TIME DISTRIBUTION
33% of the working population has a commute time of 15 to 44 minutes, 61% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.
CHARLESTON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 5.4% |
Arts & Entertainment | 10.3% |
Educational Services | 22.4% |
Health Care & Social Assistance | 17.3% |
Manufacturing | 10.3% |
Retail & Wholesale Trader | 11.7% |
Other | 22.6% |
AGE DISTRIBUTION
42% of the population is between the ages of 25 and 64, 46% is 24 or younger and 11% is 65 or older.
Age | % Distribution |
---|---|
<15 | 12.6% |
15-19 | 11.2% |
20-24 | 22.4% |
25-44 | 23.0% |
45-65 | 19.4% |
66+ | 11.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 9.2% |
Healthcare | 9.9% |
Management, Business, & Financial | 15.8% |
Natural Resources Maintenance | 6.1% |
Production & Transportation | 15.1% |
Sales & Office | 22.3% |
Other | 21.6% |
HIGHEST EDUCATION LEVEL
28% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.8% |
High School | 26.0% |
Masters Degree | 11.9% |
Some College | 19.9% |
Some High School | 8.4% |
Other | 23.0% |
1612 Reynolds Dr Comps
1612 Reynolds Dr, Charleston, IL 61920 is a single family home of 2,416 sqft. HomeUnion INVESTimateĀ® for 1612 Reynolds Dr includes a Price Estimate of $156,902 and a Rent Estimate of $1,474. This single family home has 3 bedrooms,3 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 11.27% and Total Return of 16.17%. The estimated 1 year forecast in home value for 1612 Reynolds Dr is -0.78%.
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