Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

...MORE

This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

204 S 7th St Mapleton, IA 51034

3 Beds 2 Baths 1,582 sqft Built 1920
Last updated:  Jan 23, 2020

INVESTimate

$70,840

$66.1K - $75.6K

Price Est.

$1,013

886 - $1.1K

Rent Est.

$70,840  ( 0%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

204 S 7th St PROPERTY INFO

FACTS
  • Built In 1920
  • Price/Sqft : $44.78
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,582 sqft
  • Baths : 2 Full

204 S 7th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MAPLETON ELEMENTARY SCHOOL Primary Regular 196 14 6
ANTHON-OTO-MAPLE VALLEY MIDDLE SCHOOL Middle Unknown NA
MAPLE VALLEY-ANTHON OTO HIGH SCHOOL High Regular 250 20 9

MAPLETON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 196
  • # of teachers: 14
6
GreatSchools Rating

ANTHON-OTO-MAPLE VALLEY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

MAPLE VALLEY-ANTHON OTO HIGH SCHOOL

  • Education Level: High
  • # of students: 250
  • # of teachers: 20
9
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

MAPLETON

  • 1,753

    POPULATION
  • 821

    HOUSEHOLDS
  • 63.4%

    WHITE COLLAR

Neighborhood : MAPLETON

HOUSEHOLDS
821
POPULATION

1,753

20.3%Renters
79.7%Home Owners
LABOR FORCE

 

63.4%White Collar
36.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 29% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,013 per month.

MY RENT : $1,013 MEDIAN RENT : $828

Rent % Distribution LEVEL
$500-699 24.3%
$700-899 36.7%
$900-999 9.5%
$1,000-1,499 26.9%
>=$1,500 2.5%
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 $1,013 would therefore be considered affordable for annual household incomes greater than $40,520 (12 months x 3.333 x $1,013).

Rent % Affordability
Above $500 77.5%
Above $700 70.6%
Above $1,100 52.8%
Above $1,500 38.5%
Above $1,900 25.9%
HOUSEHOLD INCOME RANGE

Approximately 383 of households in this neighborhood have a total annual income of $40,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,013 per month.

MINIMUM INCOME RANGE : $40,520

Income % Distribution
<$20K 22.5%
$20K-$35K 14.0%
$35K-$60K 25.0%
$60K-$100K 23.1%
>=$100K 15.3%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 15.2%
5-9 mins 17.1%
10-14 mins 8.7%
15-19 mins 4.9%
20-29 mins 23.5%
30-44 mins 19.7%
45-59 mins 8.2%
>60 mins 2.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 29% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,013 per month.

MY RENT : $1,013 MEDIAN RENT : $828

Rent % Distribution
$500-699 24.3%
$700-899 36.7%
$900-999 9.5%
$1,000-1,499 26.9%
>=$1,500 2.5%
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 $1,013 would therefore be considered affordable for annual household incomes greater than $40,520 (12 months x 3.333 x $1,013).

Rent % Affordability
Above $500 77.5%
Above $700 70.6%
Above $1,100 52.8%
Above $1,500 38.5%
Above $1,900 25.9%
HOUSEHOLD INCOME RANGE

Approximately 383 of households in this neighborhood have a total annual income of $40,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,013 per month.

MINIMUM INCOME RANGE : $40,520

Income % Distribution
<$20K 22.5%
$20K-$35K 14.0%
$35K-$60K 25.0%
$60K-$100K 23.1%
>=$100K 15.3%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 15.2%
5-9 mins 17.1%
10-14 mins 8.7%
15-19 mins 4.9%
20-29 mins 23.5%
30-44 mins 19.7%
45-59 mins 8.2%
>60 mins 2.7%

MAPLETON Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 10.8%
Construction 9.1%
Educational Services 10.7%
Financial Industries 7.1%
Health Care & Social Assistance 15.0%
Retail & Wholesale Trader 20.8%
Other 26.5%
AGE DISTRIBUTION

43% of the population is between the ages of 25 and 64, 25% is 24 or younger and 32% is 65 or older.

Age % Distribution
<15 13.0%
15-19 6.3%
20-24 5.7%
25-44 16.8%
45-65 26.3%
66+ 31.9%
OCCUPATION

Occupation % Distribution
Construction 8.9%
Healthcare 5.6%
Management, Business, & Financial 15.7%
Natural Resources Maintenance 13.2%
Production & Transportation 12.5%
Sales & Office 31.2%
Other 12.9%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.6%
High School 42.7%
Masters Degree 4.7%
Some College 20.1%
Some High School 11.0%
Other 12.8%

204 S 7th St Comps

Sorry, we do not have sufficient data available.

204 S 7th St, Mapleton, IA 51034 is a single family home of 1,582 sqft. HomeUnion INVESTimateĀ® for 204 S 7th St includes a Price Estimate of $70,840 and a Rent Estimate of $1,013. This single family home has 3 bedrooms,2 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 17.16% and Total Return of 24.91%. The estimated 1 year forecast in home value for 204 S 7th St 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 51034 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

No Zipcodes available