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302 E Kavanaugh St PROPERTY INFO
FACTS
- Built In 1957
- Price/Sqft : $80.73
CONSTRUCTION
- Beds : 0
- Floor Size : 980 sqft
- Baths : 0 Full
302 E Kavanaugh St SCHOOLS
Financial Details
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SUMMERFIELD
Neighborhood : SUMMERFIELD
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 70% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $592 per month.
MY RENT : $592 MEDIAN RENT : $633
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 $592 would therefore be considered affordable for annual household incomes greater than $23,680 (12 months x 3.333 x $592).
HOUSEHOLD INCOME RANGE
Approximately 385 of households in this neighborhood have a total annual income of $23,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $592 per month.
MINIMUM INCOME RANGE : $23,680
COMMUTE TIME DISTRIBUTION
47% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 38% has a commute time of 45 minutes or longer.
SUMMERFIELD Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 17.8% |
Educational Services | 8.0% |
Health Care & Social Assistance | 17.5% |
Manufacturing | 10.8% |
Retail & Wholesale Trader | 11.2% |
Transportation | 15.0% |
Other | 19.6% |
AGE DISTRIBUTION
62% of the population is between the ages of 25 and 64, 24% is 24 or younger and 14% is 65 or older.
Age | % Distribution |
---|---|
<15 | 12.8% |
15-19 | 3.8% |
20-24 | 7.3% |
25-44 | 16.0% |
45-65 | 46.0% |
66+ | 14.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 25.4% |
Healthcare | 7.9% |
Management, Business, & Financial | 6.9% |
Natural Resources Maintenance | 16.4% |
Production & Transportation | 17.5% |
Sales & Office | 19.6% |
Other | 6.3% |
HIGHEST EDUCATION LEVEL
16% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 6.7% |
High School | 38.6% |
Masters Degree | 5.0% |
Some College | 20.5% |
Some High School | 6.4% |
Other | 22.8% |
302 E Kavanaugh St Comps
302 E Kavanaugh St, Summerfield, IL 62289 is a single family home of 980 sqft. HomeUnion INVESTimateĀ® for 302 E Kavanaugh St includes a Price Estimate of $79,117 and a Rent Estimate of $592. This single family home has 0 bedrooms,0 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 8.98% and Total Return of 14.66%. The estimated 1 year forecast in home value for 302 E Kavanaugh St is 4.69%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , SAINT CLAIR County , or the 62289 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2