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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

2902 N 18th Rd Worden, MT 59088

3 Beds 2 Baths 1,368 sqft Built 1979
Last updated:  Nov 28, 2019

INVESTimate

$141,956

$130K - $154K

Price Est.

$1,041

940 - $1.1K

Rent Est.

$147,648  ( +4.01%)   1 YR EST. FORECAST
  
  
  

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2902 N 18th Rd PROPERTY INFO

FACTS
  • Built In 1979
  • Price/Sqft : $103.77
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,368 sqft
  • Baths : 2 Full

2902 N 18th Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HUNTLEY PROJECT ELEMENTARY SCHOOL Primary Regular 409 28 6
HUNTLEY PROJECT ELEMENTARY SCHOOL Middle Regular 409 28 6
HUNTLEY PROJECT HIGH SCHOOL High Regular 232 17 4

HUNTLEY PROJECT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 409
  • # of teachers: 28
6
GreatSchools Rating

HUNTLEY PROJECT ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 409
  • # of teachers: 28
6
GreatSchools Rating

HUNTLEY PROJECT HIGH SCHOOL

  • Education Level: High
  • # of students: 232
  • # of teachers: 17
4
GreatSchools Rating
 

Financial Details

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Neighborhood

WORDEN

  • 1,457

    POPULATION
  • 592

    HOUSEHOLDS
  • 65.6%

    WHITE COLLAR

Neighborhood : WORDEN

HOUSEHOLDS
592
POPULATION

1,457

26.9%Renters
73.1%Home Owners
LABOR FORCE

 

65.6%White Collar
34.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,041 per month.

MY RENT : $1,041 MEDIAN RENT : $1,129

Rent % Distribution LEVEL
$500-699 0.9%
$700-899 20.7%
$900-999 14.1%
$1,000-1,499 47.4%
>=$1,500 16.8%
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 $1,041 would therefore be considered affordable for annual household incomes greater than $41,640 (12 months x 3.333 x $1,041).

Rent % Affordability
Above $500 80.7%
Above $700 77.3%
Above $1,100 63.1%
Above $1,500 47.0%
Above $1,900 35.0%
HOUSEHOLD INCOME RANGE

Approximately 323 of households in this neighborhood have a total annual income of $41,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,041 per month.

MINIMUM INCOME RANGE : $41,640

Income % Distribution
<$20K 19.3%
$20K-$35K 8.6%
$35K-$60K 25.0%
$60K-$100K 28.9%
>=$100K 18.1%
COMMUTE TIME DISTRIBUTION

79% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 4.6%
10-14 mins 1.0%
15-19 mins 3.1%
20-29 mins 40.1%
30-44 mins 35.6%
45-59 mins 10.5%
>60 mins 1.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,041 per month.

MY RENT : $1,041 MEDIAN RENT : $1,129

Rent % Distribution
$500-699 0.9%
$700-899 20.7%
$900-999 14.1%
$1,000-1,499 47.4%
>=$1,500 16.8%
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 $1,041 would therefore be considered affordable for annual household incomes greater than $41,640 (12 months x 3.333 x $1,041).

Rent % Affordability
Above $500 80.7%
Above $700 77.3%
Above $1,100 63.1%
Above $1,500 47.0%
Above $1,900 35.0%
HOUSEHOLD INCOME RANGE

Approximately 323 of households in this neighborhood have a total annual income of $41,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,041 per month.

MINIMUM INCOME RANGE : $41,640

Income % Distribution
<$20K 19.3%
$20K-$35K 8.6%
$35K-$60K 25.0%
$60K-$100K 28.9%
>=$100K 18.1%
COMMUTE TIME DISTRIBUTION

79% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 4.6%
10-14 mins 1.0%
15-19 mins 3.1%
20-29 mins 40.1%
30-44 mins 35.6%
45-59 mins 10.5%
>60 mins 1.6%

WORDEN Demographics

INDUSTRY

Industry % Distribution
Administrative Support 12.2%
Agriculture, Fishing & Game 7.3%
Health Care & Social Assistance 17.1%
Manufacturing 7.5%
Retail & Wholesale Trader 22.5%
Transportation 8.1%
Other 25.3%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 32% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 19.8%
15-19 4.6%
20-24 7.1%
25-44 19.0%
45-65 30.5%
66+ 18.9%
OCCUPATION

Occupation % Distribution
Construction 4.0%
Healthcare 5.2%
Management, Business, & Financial 24.7%
Natural Resources Maintenance 7.7%
Production & Transportation 18.6%
Sales & Office 25.1%
Other 14.8%
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 9.1%
High School 32.8%
Masters Degree 5.4%
Some College 30.2%
Some High School 6.0%
Other 16.5%

2902 N 18th Rd Comps

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2902 N 18th Rd, Worden, MT 59088 is a single family home of 1,368 sqft. HomeUnion INVESTimate¬ģ for 2902 N 18th Rd includes a Price Estimate of $141,956 and a Rent Estimate of $1,041. This single family home has 3 bedrooms,2 bathrooms, and was built in 1979. This property has an estimated 15 year annualized Yield of 8.80% and Total Return of 20.29%. The estimated 1 year forecast in home value for 2902 N 18th Rd is 4.01%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MT , YELLOWSTONE County , or the 59088 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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