INVESTimate
$47,828
1976 Highway 130 PROPERTY INFO
FACTS
- Built In 1907
- Price/Sqft : $63.00
CONSTRUCTION
- Beds : 4
- Floor Size : 2,176 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
1976 Highway 130, Bennett, IA 52721 is a single family home of 2,176 sqft. HomeUnion estimate for 1976 Highway 130 includes a Price Estimate of $137,087 and a Rent Estimate of $1,136. This single family home has 4 bedrooms, 2 bathrooms, and was built in 1907. This property has an estimated 15 year annualized Yield of 9.94% and Total Return of 19.32%. The estimated 1 year forecast in home value for 1976 Highway 130 is 3.16%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1976 Highway 130 SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
BENNETT
Neighborhood : BENNETT
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,136 per month.
MY RENT : $1,136 MEDIAN RENT : $1,003
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 $1,136 would therefore be considered affordable for annual household incomes greater than $45,440 (12 months x 3.333 x $1,136).
HOUSEHOLD INCOME RANGE
Approximately 193 of households in this neighborhood have a total annual income of $45,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,136 per month.
MINIMUM INCOME RANGE : $45,440
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
BENNETT Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 8.1% |
Construction | 10.8% |
Health Care & Social Assistance | 14.4% |
Manufacturing | 17.1% |
Public Administration | 6.6% |
Retail & Wholesale Trader | 18.3% |
Other | 24.7% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 34% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.6% |
15-19 | 5.3% |
20-24 | 7.8% |
25-44 | 25.2% |
45-65 | 24.4% |
66+ | 16.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 4.8% |
Healthcare | 6.5% |
Management, Business, & Financial | 28.0% |
Natural Resources Maintenance | 19.1% |
Production & Transportation | 14.7% |
Sales & Office | 17.1% |
Other | 9.9% |
HIGHEST EDUCATION LEVEL
23% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 15.9% |
High School | 39.6% |
Masters Degree | 6.8% |
Some College | 18.7% |
Some High School | 4.8% |
Other | 14.1% |
1976 Highway 130 Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , CEDAR County , or the 52721 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2