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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

22446 Highway 21 Delta, IA 52550

3 Beds 3 Baths 1,840 sqft Built 1984
Last updated:  Jan 23, 2020

INVESTimate

$99,326

$88.4K - $110K

Price Est.

$963

828 - $1.1K

Rent Est.

$108,305  ( +9.04%)   1 YR EST. FORECAST
  
  
  

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22446 Highway 21 PROPERTY INFO

FACTS
  • Built In 1984
  • Price/Sqft : $53.98
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,840 sqft
  • Baths : 3 Full

22446 Highway 21 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SIGOURNEY PRESCHOOL-ELEMENTARY Primary Regular 295 20 5
SIGOURNEY JUNIOR-SENIOR HIGH SCHOOL Middle Regular 253 21 5
SIGOURNEY JUNIOR-SENIOR HIGH SCHOOL High Regular 253 21 5

SIGOURNEY PRESCHOOL-ELEMENTARY

  • Education Level: Primary
  • # of students: 295
  • # of teachers: 20
5
GreatSchools Rating

SIGOURNEY JUNIOR-SENIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 253
  • # of teachers: 21
5
GreatSchools Rating

SIGOURNEY JUNIOR-SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 253
  • # of teachers: 21
5
GreatSchools Rating
 

Financial Details

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Neighborhood

DELTA

  • 473

    POPULATION
  • 231

    HOUSEHOLDS
  • 41.5%

    WHITE COLLAR

Neighborhood : DELTA

HOUSEHOLDS
231
POPULATION

473

25.3%Renters
74.7%Home Owners
LABOR FORCE

 

41.5%White Collar
58.5%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 $963 per month.

MY RENT : $963 MEDIAN RENT : $832

Rent % Distribution LEVEL
$500-699 12.1%
$700-899 44.2%
$900-999 23.2%
$1,000-1,499 18.8%
>=$1,500 1.8%
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 $963 would therefore be considered affordable for annual household incomes greater than $38,520 (12 months x 3.333 x $963).

Rent % Affordability
Above $500 70.4%
Above $700 63.2%
Above $1,100 36.3%
Above $1,500 29.1%
Above $1,900 13.3%
HOUSEHOLD INCOME RANGE

Approximately 81 of households in this neighborhood have a total annual income of $38,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $963 per month.

MINIMUM INCOME RANGE : $38,520

Income % Distribution
<$20K 29.6%
$20K-$35K 23.9%
$35K-$60K 17.4%
$60K-$100K 20.9%
>=$100K 8.3%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 12.1%
5-9 mins 5.2%
10-14 mins 8.1%
15-19 mins 8.7%
20-29 mins 16.2%
30-44 mins 35.8%
45-59 mins 5.2%
>60 mins 8.7%
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 $963 per month.

MY RENT : $963 MEDIAN RENT : $832

Rent % Distribution
$500-699 12.1%
$700-899 44.2%
$900-999 23.2%
$1,000-1,499 18.8%
>=$1,500 1.8%
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 $963 would therefore be considered affordable for annual household incomes greater than $38,520 (12 months x 3.333 x $963).

Rent % Affordability
Above $500 70.4%
Above $700 63.2%
Above $1,100 36.3%
Above $1,500 29.1%
Above $1,900 13.3%
HOUSEHOLD INCOME RANGE

Approximately 81 of households in this neighborhood have a total annual income of $38,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $963 per month.

MINIMUM INCOME RANGE : $38,520

Income % Distribution
<$20K 29.6%
$20K-$35K 23.9%
$35K-$60K 17.4%
$60K-$100K 20.9%
>=$100K 8.3%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 12.1%
5-9 mins 5.2%
10-14 mins 8.1%
15-19 mins 8.7%
20-29 mins 16.2%
30-44 mins 35.8%
45-59 mins 5.2%
>60 mins 8.7%

DELTA Demographics

INDUSTRY

Industry % Distribution
Administrative Support 6.1%
Agriculture, Fishing & Game 18.8%
Construction 7.1%
Health Care & Social Assistance 8.6%
Manufacturing 26.4%
Retail & Wholesale Trader 11.2%
Other 21.8%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 20% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 18.2%
15-19 0.8%
20-24 1.3%
25-44 25.2%
45-65 32.3%
66+ 22.2%
OCCUPATION

Occupation % Distribution
Healthcare 5.2%
Management, Business, & Financial 15.5%
Natural Resources Maintenance 26.5%
Production & Transportation 34.2%
Sales & Office 12.9%
Social 1.3%
Other 4.5%
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 12.7%
High School 42.4%
Masters Degree 4.0%
Some College 22.0%
Some High School 14.1%
Other 4.8%

22446 Highway 21 Comps

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22446 Highway 21, Delta, IA 52550 is a single family home of 1,840 sqft. HomeUnion INVESTimateĀ® for 22446 Highway 21 includes a Price Estimate of $99,326 and a Rent Estimate of $963. This single family home has 3 bedrooms,3 bathrooms, and was built in 1984. This property has an estimated 15 year annualized Yield of 11.63% and Total Return of 24.38%. The estimated 1 year forecast in home value for 22446 Highway 21 is 9.04%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , KEOKUK County , or the 52550 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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