INVESTimate
$34,282
Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
302 Van Buren Ave PROPERTY INFO
FACTS
- Built In 1940
- Price/Sqft : $85.29
CONSTRUCTION
- Beds : 0
- Floor Size : 1,008 sqft
- Baths : 0 Full
302 Van Buren Ave SCHOOLS
Sorry, we do not have sufficient school data for this neighborhood.
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
LORENZO
Neighborhood : LORENZO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $838 per month.
MY RENT : $838 MEDIAN RENT : $973
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 $838 would therefore be considered affordable for annual household incomes greater than $33,520 (12 months x 3.333 x $838).
HOUSEHOLD INCOME RANGE
Approximately 1,165 of households in this neighborhood have a total annual income of $33,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $838 per month.
MINIMUM INCOME RANGE : $33,520
COMMUTE TIME DISTRIBUTION
56% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
LORENZO Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 11.1% |
| Arts & Entertainment | 6.2% |
| Construction | 12.0% |
| Educational Services | 10.7% |
| Health Care & Social Assistance | 10.8% |
| Retail & Wholesale Trader | 16.1% |
| Other | 33.0% |
AGE DISTRIBUTION
45% of the population is between the ages of 25 and 64, 40% is 24 or younger and 15% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 25.5% |
| 15-19 | 7.2% |
| 20-24 | 7.8% |
| 25-44 | 23.7% |
| 45-65 | 21.3% |
| 66+ | 14.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 4.8% |
| Healthcare | 7.7% |
| Management, Business, & Financial | 16.5% |
| Natural Resources Maintenance | 24.2% |
| Production & Transportation | 14.7% |
| Sales & Office | 20.0% |
| Other | 12.1% |
HIGHEST EDUCATION LEVEL
9% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 6.3% |
| High School | 35.0% |
| Masters Degree | 2.3% |
| Some College | 21.1% |
| Some High School | 24.7% |
| Other | 10.6% |
302 Van Buren Ave Comps
Sorry, we do not have sufficient data available.
302 Van Buren Ave, Lorenzo, TX 79343 is a single family home of 1,008 sqft. HomeUnion INVESTimateĀ® for 302 Van Buren Ave includes a Price Estimate of $85,970 and a Rent Estimate of $838. This single family home has 0 bedrooms,0 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 11.70% and Total Return of 23.35%. The estimated 1 year forecast in home value for 302 Van Buren Ave is 4.74%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , CROSBY County , or the 79343 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
