INVESTimate
$130,209
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22670 262nd St PROPERTY INFO
FACTS
- Built In 2015
- Price/Sqft : $150.12
CONSTRUCTION
- Beds : 3
- Floor Size : 2,984 sqft
- Baths : 2 Full 1 Half
22670 262nd St SCHOOLS
Financial Details
See Financial Details
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DELHI
Neighborhood : DELHI
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 7% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,561 per month.
MY RENT : $1,561 MEDIAN RENT : $743
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 $1,561 would therefore be considered affordable for annual household incomes greater than $62,440 (12 months x 3.333 x $1,561).
HOUSEHOLD INCOME RANGE
Approximately 182 of households in this neighborhood have a total annual income of $62,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,561 per month.
MINIMUM INCOME RANGE : $62,440
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.
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% |
22670 262nd St Comps
22670 262nd St, Delhi, IA 52223 is a single family home of 2,984 sqft. HomeUnion INVESTimateĀ® for 22670 262nd St includes a Price Estimate of $447,957 and a Rent Estimate of $1,561. This single family home has 3 bedrooms,3 bathrooms, and was built in 2015. This property has an estimated 15 year annualized Yield of 4.18% and Total Return of 18.44%. The estimated 1 year forecast in home value for 22670 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