INVESTimate
$320,276
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18995 Oak Rd PROPERTY INFO
FACTS
- Built In 1979
- Price/Sqft : $152.83
CONSTRUCTION
- Beds : 7
- Floor Size : 7,624 sqft
- Baths : 4 Full 5 Half
18995 Oak Rd SCHOOLS
Financial Details
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CASTANA
Neighborhood : CASTANA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 2% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,893 per month.
MY RENT : $2,893 MEDIAN RENT : $787
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 $2,893 would therefore be considered affordable for annual household incomes greater than $115,720 (12 months x 3.333 x $2,893).
HOUSEHOLD INCOME RANGE
Approximately 16 of households in this neighborhood have a total annual income of $115,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,893 per month.
MINIMUM INCOME RANGE : $115,720
COMMUTE TIME DISTRIBUTION
48% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.
CASTANA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 9.6% |
Arts & Entertainment | 11.1% |
Construction | 15.4% |
Health Care & Social Assistance | 16.3% |
Manufacturing | 8.7% |
Retail & Wholesale Trader | 14.4% |
Other | 24.5% |
AGE DISTRIBUTION
48% of the population is between the ages of 25 and 64, 30% is 24 or younger and 22% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.8% |
15-19 | 6.4% |
20-24 | 4.2% |
25-44 | 19.8% |
45-65 | 27.8% |
66+ | 22.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Education | 9.2% |
Management, Business, & Financial | 17.6% |
Natural Resources Maintenance | 14.8% |
PCare | 9.2% |
Production & Transportation | 9.2% |
Sales & Office | 28.9% |
Other | 11.3% |
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 | 17.9% |
High School | 35.1% |
Masters Degree | 2.6% |
Some College | 25.2% |
Some High School | 11.2% |
Other | 8.0% |
18995 Oak Rd Comps
18995 Oak Rd, Castana, IA 51010 is a single family home of 7,624 sqft. HomeUnion INVESTimateĀ® for 18995 Oak Rd includes a Price Estimate of $1,165,192 and a Rent Estimate of $2,893. This single family home has 7 bedrooms,9 bathrooms, and was built in 1979. This property has an estimated 15 year annualized Yield of 2.98% and Total Return of 1.16%. The estimated 1 year forecast in home value for 18995 Oak Rd is 0%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , MONONA County , or the 51010 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2