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

207 W Franklin St Lime Springs, IA 52155

2 Beds 1 Baths 864 sqft Built 1979
Last updated:  Jan 23, 2020

INVESTimate

$105,954

$96.1K - $116K

Price Est.

$650

568 - 732

Rent Est.

$103,581  ( -2.24%)   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

207 W Franklin St PROPERTY INFO

FACTS
  • Built In 1979
  • Price/Sqft : $122.63
CONSTRUCTION
  • Beds : 2
  • Floor Size : 864 sqft
  • Baths : 1 Full

207 W Franklin St SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

See Financial Details

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

Already have an account?
Neighborhood

LIME SPRINGS

  • 1,276

    POPULATION
  • 541

    HOUSEHOLDS
  • 53.5%

    WHITE COLLAR

Neighborhood : LIME SPRINGS

HOUSEHOLDS
541
POPULATION

1,276

12.5%Renters
87.5%Home Owners
LABOR FORCE

 

53.5%White Collar
46.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $650 per month.

MY RENT : $650 MEDIAN RENT : $923

Rent % Distribution LEVEL
$500-699 16.1%
$700-899 29.8%
$900-999 13.7%
$1,000-1,499 35.9%
>=$1,500 4.6%
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 $650 would therefore be considered affordable for annual household incomes greater than $26,000 (12 months x 3.333 x $650).

Rent % Affordability
Above $500 91.7%
Above $700 82.6%
Above $1,100 61.0%
Above $1,500 42.4%
Above $1,900 33.8%
HOUSEHOLD INCOME RANGE

Approximately 1,332 of households in this neighborhood have a total annual income of $26,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $650 per month.

MINIMUM INCOME RANGE : $26,000

Income % Distribution
<$20K 8.3%
$20K-$35K 18.6%
$35K-$60K 30.8%
$60K-$100K 24.9%
>=$100K 17.5%
COMMUTE TIME DISTRIBUTION

47% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 12.4%
5-9 mins 14.6%
10-14 mins 8.4%
15-19 mins 9.1%
20-29 mins 25.9%
30-44 mins 12.4%
45-59 mins 10.9%
>60 mins 6.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $650 per month.

MY RENT : $650 MEDIAN RENT : $923

Rent % Distribution
$500-699 16.1%
$700-899 29.8%
$900-999 13.7%
$1,000-1,499 35.9%
>=$1,500 4.6%
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 $650 would therefore be considered affordable for annual household incomes greater than $26,000 (12 months x 3.333 x $650).

Rent % Affordability
Above $500 91.7%
Above $700 82.6%
Above $1,100 61.0%
Above $1,500 42.4%
Above $1,900 33.8%
HOUSEHOLD INCOME RANGE

Approximately 1,332 of households in this neighborhood have a total annual income of $26,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $650 per month.

MINIMUM INCOME RANGE : $26,000

Income % Distribution
<$20K 8.3%
$20K-$35K 18.6%
$35K-$60K 30.8%
$60K-$100K 24.9%
>=$100K 17.5%
COMMUTE TIME DISTRIBUTION

47% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 12.4%
5-9 mins 14.6%
10-14 mins 8.4%
15-19 mins 9.1%
20-29 mins 25.9%
30-44 mins 12.4%
45-59 mins 10.9%
>60 mins 6.2%

LIME SPRINGS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 10.2%
Construction 9.8%
Financial Industries 5.7%
Health Care & Social Assistance 15.1%
Manufacturing 19.9%
Retail & Wholesale Trader 17.9%
Other 21.3%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 31% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 16.5%
15-19 8.7%
20-24 5.9%
25-44 19.9%
45-65 28.9%
66+ 20.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.4%
Healthcare 9.6%
Management, Business, & Financial 13.9%
Natural Resources Maintenance 19.5%
Production & Transportation 19.5%
Sales & Office 18.8%
Other 11.3%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.7%
High School 45.7%
Masters Degree 1.3%
Some College 18.4%
Some High School 14.3%
Other 9.6%

207 W Franklin St Comps

Sorry, we do not have sufficient data available.

207 W Franklin St, Lime Springs, IA 52155 is a single family home of 864 sqft. HomeUnion INVESTimateĀ® for 207 W Franklin St includes a Price Estimate of $105,954 and a Rent Estimate of $650. This single family home has 2 bedrooms,1 bathrooms, and was built in 1979. This property has an estimated 15 year annualized Yield of 7.36% and Total Return of 7.99%. The estimated 1 year forecast in home value for 207 W Franklin St is -2.24%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , HOWARD County , or the 52155 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

No Properties available

Nearest zipcodes within 2 miles

No Zipcodes available