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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

22265 262nd St Delhi, IA 52223

5 Beds 3 Baths 2,244 sqft Built 1992
Last updated:  Nov 28, 2019

INVESTimate

$261,589

$237K - $286K

Price Est.

$1,211

$1.1K - $1.4K

Rent Est.

$281,496  ( +7.61%)   1 YR EST. FORECAST
  
  
  

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22265 262nd St PROPERTY INFO

FACTS
  • Built In 1992
  • Price/Sqft : $116.57
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,244 sqft
  • Baths : 3 Full

22265 262nd St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MAQUOKETA VALLEY SENIOR HIGH SCHOOL High Regular 228 21 4

MAQUOKETA VALLEY SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 228
  • # of teachers: 21
4
GreatSchools Rating
 

Financial Details

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Neighborhood

DELHI

  • 1,334

    POPULATION
  • 552

    HOUSEHOLDS
  • 58.3%

    WHITE COLLAR

Neighborhood : DELHI

HOUSEHOLDS
552
POPULATION

1,334

19.2%Renters
80.8%Home Owners
LABOR FORCE

 

58.3%White Collar
41.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,211 per month.

MY RENT : $1,211 MEDIAN RENT : $743

Rent % Distribution LEVEL
$400-699 43.5%
$700-899 21.8%
$900-999 4.6%
$1,000-1,499 23.7%
>=$1,500 6.5%
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 $1,211 would therefore be considered affordable for annual household incomes greater than $48,440 (12 months x 3.333 x $1,211).

Rent % Affordability
Above $500 92.6%
Above $700 84.5%
Above $1,100 64.3%
Above $1,500 54.3%
Above $1,900 38.2%
HOUSEHOLD INCOME RANGE

Approximately 317 of households in this neighborhood have a total annual income of $48,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,211 per month.

MINIMUM INCOME RANGE : $48,440

Income % Distribution
<$20K 7.4%
$20K-$35K 22.1%
$35K-$60K 16.1%
$60K-$100K 34.2%
>=$100K 20.1%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 9.4%
10-14 mins 12.4%
15-19 mins 20.8%
20-29 mins 13.3%
30-44 mins 18.7%
45-59 mins 12.2%
>60 mins 9.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,211 per month.

MY RENT : $1,211 MEDIAN RENT : $743

Rent % Distribution
$400-699 43.5%
$700-899 21.8%
$900-999 4.6%
$1,000-1,499 23.7%
>=$1,500 6.5%
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 $1,211 would therefore be considered affordable for annual household incomes greater than $48,440 (12 months x 3.333 x $1,211).

Rent % Affordability
Above $500 92.6%
Above $700 84.5%
Above $1,100 64.3%
Above $1,500 54.3%
Above $1,900 38.2%
HOUSEHOLD INCOME RANGE

Approximately 317 of households in this neighborhood have a total annual income of $48,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,211 per month.

MINIMUM INCOME RANGE : $48,440

Income % Distribution
<$20K 7.4%
$20K-$35K 22.1%
$35K-$60K 16.1%
$60K-$100K 34.2%
>=$100K 20.1%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 9.4%
10-14 mins 12.4%
15-19 mins 20.8%
20-29 mins 13.3%
30-44 mins 18.7%
45-59 mins 12.2%
>60 mins 9.0%

DELHI Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 10.0%
Educational Services 8.1%
Health Care & Social Assistance 7.1%
Manufacturing 26.0%
Public Administration 5.6%
Retail & Wholesale Trader 19.4%
Other 23.7%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 29% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 19.7%
15-19 5.2%
20-24 3.8%
25-44 23.9%
45-65 31.9%
66+ 15.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.3%
Construction 6.3%
Management, Business, & Financial 15.8%
Natural Resources Maintenance 9.4%
Production & Transportation 28.4%
Sales & Office 20.8%
Other 13.9%
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 9.7%
High School 42.7%
Masters Degree 1.7%
Some College 22.7%
Some High School 8.2%
Other 15.1%

22265 262nd St Comps

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22265 262nd St, Delhi, IA 52223 is a single family home of 2,244 sqft. HomeUnion INVESTimateĀ® for 22265 262nd St includes a Price Estimate of $261,589 and a Rent Estimate of $1,211. This single family home has 5 bedrooms,3 bathrooms, and was built in 1992. This property has an estimated 15 year annualized Yield of 5.56% and Total Return of 17.95%. The estimated 1 year forecast in home value for 22265 262nd St is 7.61%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , DELAWARE County , or the 52223 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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  1. 52057