INVESTimate
$72,073
204 10th Ave Se PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $91.29
CONSTRUCTION
- Beds : 4
- Floor Size : 2,504 sqft
- Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
204 10th Ave Se, Le Mars, IA 51031 is a single family home of 2,504 sqft. HomeUnion estimate for 204 10th Ave Se includes a Price Estimate of $228,579 and a Rent Estimate of $785. This single family home has 4 bedrooms, 3 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 4.12% and Total Return of 12.34%. The estimated 1 year forecast in home value for 204 10th Ave Se is 5.83%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
204 10th Ave Se SCHOOLS
Financial Details
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LE MARS
Neighborhood : LE MARS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $785 per month.
MY RENT : $785 MEDIAN RENT : $774
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 $785 would therefore be considered affordable for annual household incomes greater than $31,400 (12 months x 3.333 x $785).
HOUSEHOLD INCOME RANGE
Approximately 9,800 of households in this neighborhood have a total annual income of $31,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $785 per month.
MINIMUM INCOME RANGE : $31,400
COMMUTE TIME DISTRIBUTION
29% of the working population has a commute time of 15 to 44 minutes, 67% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.
LE MARS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.3% |
Educational Services | 7.7% |
Health Care & Social Assistance | 12.8% |
Manufacturing | 22.3% |
Retail & Wholesale Trader | 15.8% |
Transportation | 6.0% |
Other | 28.1% |
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 | 19.7% |
15-19 | 7.3% |
20-24 | 6.3% |
25-44 | 22.2% |
45-65 | 27.0% |
66+ | 17.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 4.4% |
Healthcare | 5.7% |
Management, Business, & Financial | 13.7% |
Natural Resources Maintenance | 13.8% |
Production & Transportation | 20.3% |
Sales & Office | 26.4% |
Other | 15.7% |
HIGHEST EDUCATION LEVEL
17% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.7% |
High School | 33.3% |
Masters Degree | 3.8% |
Some College | 25.6% |
Some High School | 7.9% |
Other | 16.7% |
204 10th Ave Se Comps
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