INVESTimate
$83,606
2234 Keim Rd PROPERTY INFO
FACTS
- Built In 1991
- Price/Sqft : $109.54
CONSTRUCTION
- Beds : 0
- Floor Size : 2,484 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
2234 Keim Rd, New Athens, IL 62264 is a single family home of 2,484 sqft. HomeUnion estimate for 2234 Keim Rd includes a Price Estimate of $272,100 and a Rent Estimate of $1,097. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1991. This property has an estimated 15 year annualized Yield of 4.84% and Total Return of 8.95%. The estimated 1 year forecast in home value for 2234 Keim Rd is 4.77%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2234 Keim Rd SCHOOLS
Financial Details
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NEW ATHENS
Neighborhood : NEW ATHENS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 8% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,097 per month.
MY RENT : $1,097 MEDIAN RENT : $721
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 $1,097 would therefore be considered affordable for annual household incomes greater than $43,880 (12 months x 3.333 x $1,097).
HOUSEHOLD INCOME RANGE
Approximately 685 of households in this neighborhood have a total annual income of $43,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,097 per month.
MINIMUM INCOME RANGE : $43,880
COMMUTE TIME DISTRIBUTION
56% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
NEW ATHENS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 8.3% |
Educational Services | 6.9% |
Health Care & Social Assistance | 20.0% |
Manufacturing | 11.7% |
Retail & Wholesale Trader | 14.6% |
Transportation | 7.9% |
Other | 30.6% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 32% is 24 or younger and 15% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.6% |
15-19 | 6.8% |
20-24 | 4.6% |
25-44 | 25.4% |
45-65 | 27.6% |
66+ | 15.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 4.7% |
Healthcare | 14.8% |
Management, Business, & Financial | 14.7% |
Natural Resources Maintenance | 10.5% |
Production & Transportation | 19.8% |
Sales & Office | 19.6% |
Other | 16.0% |
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 | 11.5% |
High School | 32.8% |
Masters Degree | 3.7% |
Some College | 26.4% |
Some High School | 10.5% |
Other | 15.0% |
2234 Keim Rd Comps
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