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This page contains information about each property aggregated from public data sources, 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.

2535 120th St Coon Rapids, IA 50058

0 Beds 2 Baths 1,620 sqft Built 1981
Last updated:  Jan 23, 2020

INVESTimate

$157,102

$146K - $168K

Price Est.

$972

850 - $1.1K

Rent Est.

$164,439  ( +4.67%)   1 YR EST. FORECAST

2535 120th St PROPERTY INFO

FACTS
  • Built In 1981
  • Price/Sqft : $96.98
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,620 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
2535 120th St, Coon Rapids, IA 50058 is a single family home of 1,620 sqft. HomeUnion estimate for 2535 120th St includes a Price Estimate of $157,102 and a Rent Estimate of $972. This single family home has 0 bedrooms, 2 bathrooms, and was built in 1981. This property has an estimated 15 year annualized Yield of 7.42% and Total Return of 18.19%. The estimated 1 year forecast in home value for 2535 120th St is 4.67%.
  
  
  

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2535 120th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
AUDUBON ELEMENTARY SCHOOL Primary Regular 249 18 5

AUDUBON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 249
  • # of teachers: 18
5
GreatSchools Rating
 

Financial Details

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Neighborhood

COON RAPIDS

  • 1,941

    POPULATION
  • 825

    HOUSEHOLDS
  • 59.6%

    WHITE COLLAR

Neighborhood : COON RAPIDS

HOUSEHOLDS
825
POPULATION

1,941

25.9%Renters
74.1%Home Owners
LABOR FORCE

 

59.6%White Collar
40.4%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 $972 per month.

MY RENT : $972 MEDIAN RENT : $824

Rent % Distribution LEVEL
$500-699 22.7%
$700-899 39.6%
$900-999 12.3%
$1,000-1,499 22.6%
>=$1,500 2.7%
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 $972 would therefore be considered affordable for annual household incomes greater than $38,880 (12 months x 3.333 x $972).

Rent % Affordability
Above $500 76.4%
Above $700 70.1%
Above $1,100 54.5%
Above $1,500 40.5%
Above $1,900 32.3%
HOUSEHOLD INCOME RANGE

Approximately 400 of households in this neighborhood have a total annual income of $38,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $972 per month.

MINIMUM INCOME RANGE : $38,880

Income % Distribution
<$20K 23.6%
$20K-$35K 13.7%
$35K-$60K 22.2%
$60K-$100K 21.5%
>=$100K 19.0%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.8%
5-9 mins 13.2%
10-14 mins 10.9%
15-19 mins 8.9%
20-29 mins 16.2%
30-44 mins 26.3%
45-59 mins 1.0%
>60 mins 6.9%
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 $972 per month.

MY RENT : $972 MEDIAN RENT : $824

Rent % Distribution
$500-699 22.7%
$700-899 39.6%
$900-999 12.3%
$1,000-1,499 22.6%
>=$1,500 2.7%
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 $972 would therefore be considered affordable for annual household incomes greater than $38,880 (12 months x 3.333 x $972).

Rent % Affordability
Above $500 76.4%
Above $700 70.1%
Above $1,100 54.5%
Above $1,500 40.5%
Above $1,900 32.3%
HOUSEHOLD INCOME RANGE

Approximately 400 of households in this neighborhood have a total annual income of $38,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $972 per month.

MINIMUM INCOME RANGE : $38,880

Income % Distribution
<$20K 23.6%
$20K-$35K 13.7%
$35K-$60K 22.2%
$60K-$100K 21.5%
>=$100K 19.0%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.8%
5-9 mins 13.2%
10-14 mins 10.9%
15-19 mins 8.9%
20-29 mins 16.2%
30-44 mins 26.3%
45-59 mins 1.0%
>60 mins 6.9%

COON RAPIDS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.8%
Construction 7.5%
Educational Services 7.0%
Health Care & Social Assistance 16.5%
Manufacturing 10.2%
Retail & Wholesale Trader 20.1%
Other 28.9%
AGE DISTRIBUTION

44% of the population is between the ages of 25 and 64, 32% is 24 or younger and 24% is 65 or older.

Age % Distribution
<15 20.4%
15-19 7.5%
20-24 4.1%
25-44 19.5%
45-65 24.4%
66+ 24.1%
OCCUPATION

Occupation % Distribution
Construction 3.4%
Healthcare 7.5%
Management, Business, & Financial 22.6%
Natural Resources Maintenance 13.7%
Production & Transportation 19.5%
Sales & Office 21.9%
Other 11.3%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.6%
High School 39.7%
Masters Degree 2.5%
Some College 19.7%
Some High School 8.3%
Other 17.3%

2535 120th St Comps

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