INVESTimate
$26,884
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2255 Albert St PROPERTY INFO
FACTS
- Built In 1941
- Price/Sqft : $68.46
CONSTRUCTION
- Beds : 3
- Floor Size : 848 sqft
- Baths : 1 Full
2255 Albert St SCHOOLS
Financial Details
See Financial Details
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OCHEYEDAN
Neighborhood : OCHEYEDAN
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $602 per month.
MY RENT : $602 MEDIAN RENT : $659
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 $602 would therefore be considered affordable for annual household incomes greater than $24,080 (12 months x 3.333 x $602).
HOUSEHOLD INCOME RANGE
Approximately 1,123 of households in this neighborhood have a total annual income of $24,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $602 per month.
MINIMUM INCOME RANGE : $24,080
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.
OCHEYEDAN Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 6.8% |
Agriculture, Fishing & Game | 25.0% |
Construction | 6.3% |
Health Care & Social Assistance | 13.6% |
Manufacturing | 8.4% |
Retail & Wholesale Trader | 16.0% |
Other | 23.9% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 28% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.0% |
15-19 | 5.3% |
20-24 | 2.5% |
25-44 | 21.8% |
45-65 | 32.4% |
66+ | 18.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 4.5% |
Management, Business, & Financial | 19.6% |
Natural Resources Maintenance | 21.2% |
PCare | 7.2% |
Production & Transportation | 19.1% |
Sales & Office | 17.5% |
Other | 10.9% |
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 | 18.3% |
High School | 39.1% |
Masters Degree | 1.2% |
Some College | 18.8% |
Some High School | 11.9% |
Other | 10.7% |
2255 Albert St Comps
2255 Albert St, May City, IA 51354 is a single family home of 848 sqft. HomeUnion INVESTimateĀ® for 2255 Albert St includes a Price Estimate of $58,054 and a Rent Estimate of $602. This single family home has 3 bedrooms,1 bathrooms, and was built in 1941. This property has an estimated 15 year annualized Yield of 12.44% and Total Return of 19.55%. The estimated 1 year forecast in home value for 2255 Albert St is 0%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , OSCEOLA County , or the 51354 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2