INVESTimate
$32,339
203 Birdie Ave PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $91.02
CONSTRUCTION
- Beds : 0
- Floor Size : 864 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
203 Birdie Ave, Borger, TX 79007 is a single family home of 864 sqft. HomeUnion estimate for 203 Birdie Ave includes a Price Estimate of $78,637 and a Rent Estimate of $821. This single family home has 0 bedrooms, 1 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 12.53% and Total Return of 17.73%. The estimated 1 year forecast in home value for 203 Birdie Ave is 0%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
203 Birdie Ave SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
BORGER
Neighborhood : BORGER
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $821 per month.
MY RENT : $821 MEDIAN RENT : $960
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 $821 would therefore be considered affordable for annual household incomes greater than $32,840 (12 months x 3.333 x $821).
HOUSEHOLD INCOME RANGE
Approximately 11,372 of households in this neighborhood have a total annual income of $32,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $821 per month.
MINIMUM INCOME RANGE : $32,840
COMMUTE TIME DISTRIBUTION
19% of the working population has a commute time of 15 to 44 minutes, 70% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
BORGER Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 8.4% |
Arts & Entertainment | 8.2% |
Construction | 13.0% |
Health Care & Social Assistance | 7.7% |
Manufacturing | 16.4% |
Retail & Wholesale Trader | 15.1% |
Other | 31.2% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 36% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.8% |
15-19 | 6.7% |
20-24 | 7.8% |
25-44 | 25.5% |
45-65 | 24.9% |
66+ | 13.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 5.0% |
Management, Business, & Financial | 11.0% |
Natural Resources Maintenance | 24.4% |
Production & Transportation | 16.9% |
Protect | 5.5% |
Sales & Office | 19.2% |
Other | 17.9% |
HIGHEST EDUCATION LEVEL
13% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.8% |
High School | 32.1% |
Masters Degree | 2.3% |
Some College | 28.4% |
Some High School | 15.3% |
Other | 13.1% |
203 Birdie Ave Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , HUTCHINSON County , or the 79007 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2