INVESTimate
$48,334
2027 Highway 130 PROPERTY INFO
FACTS
- Built In 2000
- Price/Sqft : $39.21
CONSTRUCTION
- Beds : 3
- Floor Size : 3,545 sqft
- Baths : 2 Full 2 Half
PROPERTY DESCRIPTION
2027 Highway 130, Bennett, IA 52721 is a single family home of 3,545 sqft. HomeUnion estimate for 2027 Highway 130 includes a Price Estimate of $138,996 and a Rent Estimate of $1,448. This single family home has 3 bedrooms, 4 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 12.50% and Total Return of 24.98%. The estimated 1 year forecast in home value for 2027 Highway 130 is 3.16%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2027 Highway 130 SCHOOLS
Financial Details
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BENNETT
Neighborhood : BENNETT
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 11% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,448 per month.
MY RENT : $1,448 MEDIAN RENT : $1,032
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 $1,448 would therefore be considered affordable for annual household incomes greater than $57,920 (12 months x 3.333 x $1,448).
HOUSEHOLD INCOME RANGE
Approximately 180 of households in this neighborhood have a total annual income of $57,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,448 per month.
MINIMUM INCOME RANGE : $57,920
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% |
2027 Highway 130 Comps
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