Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

18115 N Maher Rd Princeville, IL 61559

3 Beds 2 Baths 1,400 sqft Built 2001
Last updated:  Jan 23, 2020

INVESTimate

$139,030

$127K - $151K

Price Est.

$1,368

$1.2K - $1.5K

Rent Est.

$144,883  ( +4.21%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1424 BRETON RD JACKSONVILLE, FL
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950
    AVAILABLE
    • 14.27% GROSS YIELD
    • $5,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,900
    • $26,924
    • $950

18115 N Maher Rd PROPERTY INFO

FACTS
  • Built In 2001
  • Price/Sqft : $99.31
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,400 sqft
  • Baths : 2 Full

18115 N Maher Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BRIMFIELD GRADE SCHOOL Primary Regular 518 26 8
BRIMFIELD GRADE SCHOOL Middle Regular 518 26 8
BRIMFIELD HIGH SCHOOL High Regular 235 18 8

BRIMFIELD GRADE SCHOOL

  • Education Level: Primary
  • # of students: 518
  • # of teachers: 26
8
GreatSchools Rating

BRIMFIELD GRADE SCHOOL

  • Education Level: Middle
  • # of students: 518
  • # of teachers: 26
8
GreatSchools Rating

BRIMFIELD HIGH SCHOOL

  • Education Level: High
  • # of students: 235
  • # of teachers: 18
8
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

PRINCEVILLE

  • 3,391

    POPULATION
  • 1,213

    HOUSEHOLDS
  • 62.4%

    WHITE COLLAR

Neighborhood : PRINCEVILLE

HOUSEHOLDS
1,213
POPULATION

3,391

15.3%Renters
84.7%Home Owners
LABOR FORCE

 

62.4%White Collar
37.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,368 per month.

MY RENT : $1,368 MEDIAN RENT : $1,124

Rent % Distribution LEVEL
$500-699 3.9%
$700-899 19.7%
$900-999 13.2%
$1,000-1,499 38.7%
>=$1,500 24.5%
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 $1,368 would therefore be considered affordable for annual household incomes greater than $54,720 (12 months x 3.333 x $1,368).

Rent % Affordability
Above $500 95.2%
Above $700 89.0%
Above $1,100 72.3%
Above $1,500 56.4%
Above $1,900 39.3%
HOUSEHOLD INCOME RANGE

Approximately 711 of households in this neighborhood have a total annual income of $54,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,368 per month.

MINIMUM INCOME RANGE : $54,720

Income % Distribution
<$20K 4.8%
$20K-$35K 13.8%
$35K-$60K 25.0%
$60K-$100K 30.2%
>=$100K 26.2%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 31% 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 8.2%
5-9 mins 14.0%
10-14 mins 8.7%
15-19 mins 11.2%
20-29 mins 25.5%
30-44 mins 22.4%
45-59 mins 6.1%
>60 mins 3.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,368 per month.

MY RENT : $1,368 MEDIAN RENT : $1,124

Rent % Distribution
$500-699 3.9%
$700-899 19.7%
$900-999 13.2%
$1,000-1,499 38.7%
>=$1,500 24.5%
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 $1,368 would therefore be considered affordable for annual household incomes greater than $54,720 (12 months x 3.333 x $1,368).

Rent % Affordability
Above $500 95.2%
Above $700 89.0%
Above $1,100 72.3%
Above $1,500 56.4%
Above $1,900 39.3%
HOUSEHOLD INCOME RANGE

Approximately 711 of households in this neighborhood have a total annual income of $54,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,368 per month.

MINIMUM INCOME RANGE : $54,720

Income % Distribution
<$20K 4.8%
$20K-$35K 13.8%
$35K-$60K 25.0%
$60K-$100K 30.2%
>=$100K 26.2%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 31% 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 8.2%
5-9 mins 14.0%
10-14 mins 8.7%
15-19 mins 11.2%
20-29 mins 25.5%
30-44 mins 22.4%
45-59 mins 6.1%
>60 mins 3.9%

PRINCEVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.0%
Construction 7.4%
Educational Services 9.8%
Health Care & Social Assistance 11.5%
Manufacturing 14.2%
Retail & Wholesale Trader 17.1%
Other 31.0%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 33% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 22.8%
15-19 8.3%
20-24 2.2%
25-44 22.5%
45-65 26.9%
66+ 17.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.8%
Healthcare 7.3%
Management, Business, & Financial 24.4%
Natural Resources Maintenance 16.7%
Production & Transportation 10.9%
Sales & Office 18.5%
Other 15.5%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.6%
High School 28.6%
Masters Degree 6.0%
Some College 25.9%
Some High School 6.5%
Other 19.4%

18115 N Maher Rd Comps

Sorry, we do not have sufficient data available.

18115 N Maher Rd, Princeville, IL 61559 is a single family home of 1,400 sqft. HomeUnion INVESTimateĀ® for 18115 N Maher Rd includes a Price Estimate of $139,030 and a Rent Estimate of $1,368. This single family home has 3 bedrooms,2 bathrooms, and was built in 2001. This property has an estimated 15 year annualized Yield of 11.81% and Total Return of 22.96%. The estimated 1 year forecast in home value for 18115 N Maher Rd is 4.21%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , PEORIA County , or the 61559 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 16506 W Gelling Rd

Similar Investment Properties By List Price within 2 miles

  1. 17411 N Beall Rd

Nearest zipcodes within 2 miles

  1. 61517
  2. 61451