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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

2512 Davenport Ave 2514 Oxford Junction, IA 52323

2 Beds 2 Baths 912 sqft Built 1970
Last updated:  Dec 26, 2019

INVESTimate

$150,809

$126K - $175K

Price Est.

$665

581 - 749

Rent Est.

$154,700  ( +2.58%)   1 YR EST. FORECAST
  
  
  

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2512 Davenport Ave 2514 PROPERTY INFO

FACTS
  • Built In 1970
  • Price/Sqft : $165.36
CONSTRUCTION
  • Beds : 2
  • Floor Size : 912 sqft
  • Baths : 2 Full

2512 Davenport Ave 2514 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MIDLAND ELEMENTARY SCHOOL Primary Regular 237 19 NA
MIDLAND MIDDLE-HIGH SCHOOL Middle Regular 223 19 2
MIDLAND MIDDLE-HIGH SCHOOL High Regular 223 19 2

MIDLAND ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 237
  • # of teachers: 19
0
GreatSchools Rating

MIDLAND MIDDLE-HIGH SCHOOL

  • Education Level: Middle
  • # of students: 223
  • # of teachers: 19
2
GreatSchools Rating

MIDLAND MIDDLE-HIGH SCHOOL

  • Education Level: High
  • # of students: 223
  • # of teachers: 19
2
GreatSchools Rating
 

Financial Details

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Neighborhood

OXFORD JUNCTION

  • 822

    POPULATION
  • 378

    HOUSEHOLDS
  • 40.2%

    WHITE COLLAR

Neighborhood : OXFORD JUNCTION

HOUSEHOLDS
378
POPULATION

822

24.7%Renters
75.3%Home Owners
LABOR FORCE

 

40.2%White Collar
59.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $665 per month.

MY RENT : $665 MEDIAN RENT : $598

Rent % Distribution LEVEL
$500-699 91.1%
$700-899 6.7%
$900-999 0.7%
$1,000-1,499 1.5%
>=$1,500 0.0%
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 $665 would therefore be considered affordable for annual household incomes greater than $26,600 (12 months x 3.333 x $665).

Rent % Affordability
Above $500 82.0%
Above $700 73.4%
Above $1,100 58.3%
Above $1,500 45.3%
Above $1,900 27.4%
HOUSEHOLD INCOME RANGE

Approximately 767 of households in this neighborhood have a total annual income of $26,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $665 per month.

MINIMUM INCOME RANGE : $26,600

Income % Distribution
<$20K 18.0%
$20K-$35K 15.0%
$35K-$60K 21.7%
$60K-$100K 29.8%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

37% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.7%
5-9 mins 9.6%
10-14 mins 3.4%
15-19 mins 4.9%
20-29 mins 15.4%
30-44 mins 17.0%
45-59 mins 12.3%
>60 mins 20.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $665 per month.

MY RENT : $665 MEDIAN RENT : $598

Rent % Distribution
$500-699 91.1%
$700-899 6.7%
$900-999 0.7%
$1,000-1,499 1.5%
>=$1,500 0.0%
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 $665 would therefore be considered affordable for annual household incomes greater than $26,600 (12 months x 3.333 x $665).

Rent % Affordability
Above $500 82.0%
Above $700 73.4%
Above $1,100 58.3%
Above $1,500 45.3%
Above $1,900 27.4%
HOUSEHOLD INCOME RANGE

Approximately 767 of households in this neighborhood have a total annual income of $26,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $665 per month.

MINIMUM INCOME RANGE : $26,600

Income % Distribution
<$20K 18.0%
$20K-$35K 15.0%
$35K-$60K 21.7%
$60K-$100K 29.8%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

37% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.7%
5-9 mins 9.6%
10-14 mins 3.4%
15-19 mins 4.9%
20-29 mins 15.4%
30-44 mins 17.0%
45-59 mins 12.3%
>60 mins 20.7%

OXFORD JUNCTION Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 10.8%
Construction 12.7%
Health Care & Social Assistance 15.6%
Manufacturing 15.3%
Retail & Wholesale Trader 15.6%
Transportation 8.8%
Other 21.2%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 29% is 24 or younger and 24% is 65 or older.

Age % Distribution
<15 18.4%
15-19 4.1%
20-24 6.2%
25-44 20.3%
45-65 26.8%
66+ 24.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 3.8%
Healthcare 12.2%
Management, Business, & Financial 14.9%
Natural Resources Maintenance 21.8%
Production & Transportation 24.8%
Sales & Office 15.3%
Other 7.3%
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 16.0%
High School 51.4%
Masters Degree 0.9%
Some College 18.1%
Some High School 7.0%
Other 6.7%

2512 Davenport Ave 2514 Comps

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2512 Davenport Ave 2514, Oxford Junction, IA 52323 is a single family home of 912 sqft. HomeUnion INVESTimateĀ® for 2512 Davenport Ave 2514 includes a Price Estimate of $150,809 and a Rent Estimate of $665. This single family home has 2 bedrooms,2 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 5.29% and Total Return of 9.08%. The estimated 1 year forecast in home value for 2512 Davenport Ave 2514 is 2.58%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , JONES County , or the 52323 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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