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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

206 S Main St Pocahontas, IA 50574

0 Beds 1 Baths 888 sqft Built 1943
Last updated:  Jan 23, 2020

INVESTimate

$38,092

$35.5K - $40.6K

Price Est.

$579

506 - 652

Rent Est.

$38,092  ( 0%)   1 YR EST. FORECAST
  
  
  

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206 S Main St PROPERTY INFO

FACTS
  • Built In 1943
  • Price/Sqft : $42.90
CONSTRUCTION
  • Beds : 0
  • Floor Size : 888 sqft
  • Baths : 1 Full

206 S Main St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
POMEROY ELEMENTARY SCHOOL Primary Unknown NA

POMEROY ELEMENTARY SCHOOL

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

Financial Details

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Neighborhood

POCAHONTAS

  • 2,148

    POPULATION
  • 1,013

    HOUSEHOLDS
  • 49.8%

    WHITE COLLAR

Neighborhood : POCAHONTAS

HOUSEHOLDS
1,013
POPULATION

2,148

19.9%Renters
80.1%Home Owners
LABOR FORCE

 

49.8%White Collar
50.2%Blue Collar
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 $579 per month.

MY RENT : $579 MEDIAN RENT : $696

Rent % Distribution LEVEL
$500-699 55.4%
$700-899 24.3%
$900-999 7.3%
$1,000-1,499 12.6%
>=$1,500 0.5%
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 $579 would therefore be considered affordable for annual household incomes greater than $23,160 (12 months x 3.333 x $579).

Rent % Affordability
Above $500 79.6%
Above $700 72.7%
Above $1,100 54.8%
Above $1,500 43.5%
Above $1,900 29.2%
HOUSEHOLD INCOME RANGE

Approximately 1,942 of households in this neighborhood have a total annual income of $23,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $579 per month.

MINIMUM INCOME RANGE : $23,160

Income % Distribution
<$20K 20.4%
$20K-$35K 13.4%
$35K-$60K 22.7%
$60K-$100K 25.9%
>=$100K 17.6%
COMMUTE TIME DISTRIBUTION

32% of the working population has a commute time of 15 to 44 minutes, 57% 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 20.1%
5-9 mins 29.8%
10-14 mins 7.3%
15-19 mins 11.6%
20-29 mins 11.9%
30-44 mins 8.5%
45-59 mins 5.8%
>60 mins 5.0%
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 $579 per month.

MY RENT : $579 MEDIAN RENT : $696

Rent % Distribution
$500-699 55.4%
$700-899 24.3%
$900-999 7.3%
$1,000-1,499 12.6%
>=$1,500 0.5%
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 $579 would therefore be considered affordable for annual household incomes greater than $23,160 (12 months x 3.333 x $579).

Rent % Affordability
Above $500 79.6%
Above $700 72.7%
Above $1,100 54.8%
Above $1,500 43.5%
Above $1,900 29.2%
HOUSEHOLD INCOME RANGE

Approximately 1,942 of households in this neighborhood have a total annual income of $23,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $579 per month.

MINIMUM INCOME RANGE : $23,160

Income % Distribution
<$20K 20.4%
$20K-$35K 13.4%
$35K-$60K 22.7%
$60K-$100K 25.9%
>=$100K 17.6%
COMMUTE TIME DISTRIBUTION

32% of the working population has a commute time of 15 to 44 minutes, 57% 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 20.1%
5-9 mins 29.8%
10-14 mins 7.3%
15-19 mins 11.6%
20-29 mins 11.9%
30-44 mins 8.5%
45-59 mins 5.8%
>60 mins 5.0%

POCAHONTAS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 11.2%
Educational Services 6.9%
Health Care & Social Assistance 9.7%
Manufacturing 14.5%
Retail & Wholesale Trader 17.7%
Transportation 9.7%
Other 30.3%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 29% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 17.5%
15-19 4.8%
20-24 6.6%
25-44 19.0%
45-65 27.6%
66+ 24.6%
OCCUPATION

Occupation % Distribution
Construction 2.4%
Healthcare 4.2%
Management, Business, & Financial 17.2%
Natural Resources Maintenance 26.2%
Production & Transportation 18.9%
Sales & Office 21.8%
Other 9.2%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 17.3%
High School 38.8%
Masters Degree 1.4%
Some College 22.1%
Some High School 4.9%
Other 15.6%

206 S Main St Comps

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206 S Main St, Pocahontas, IA 50574 is a single family home of 888 sqft. HomeUnion INVESTimateĀ® for 206 S Main St includes a Price Estimate of $38,092 and a Rent Estimate of $579. This single family home has 0 bedrooms,1 bathrooms, and was built in 1943. This property has an estimated 15 year annualized Yield of 18.24% and Total Return of 17.97%. The estimated 1 year forecast in home value for 206 S Main St is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , POCAHONTAS County , or the 50574 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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