INVESTimate
$93,920
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303 Hickory Ln PROPERTY INFO
FACTS
- Built In 2005
- Price/Sqft : $91.96
CONSTRUCTION
- Beds : 4
- Floor Size : 3,382 sqft
- Baths : 3 Full 1 Half
303 Hickory Ln SCHOOLS
Financial Details
See Financial Details
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Hickory Ridge
Neighborhood : Hickory Ridge
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 23% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,247 per month.
MY RENT : $2,247 MEDIAN RENT : $1,228
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 $2,247 would therefore be considered affordable for annual household incomes greater than $89,880 (12 months x 3.333 x $2,247).
HOUSEHOLD INCOME RANGE
Approximately 1 of households in this neighborhood have a total annual income of $89,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,247 per month.
MINIMUM INCOME RANGE : $89,880
COMMUTE TIME DISTRIBUTION
47% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 35% has a commute time of 45 minutes or longer.
Hickory Ridge Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 11.1% |
Health Care & Social Assistance | 11.1% |
Information | 5.6% |
Manufacturing | 16.7% |
Retail & Wholesale Trader | 11.1% |
Transportation | 11.1% |
Other | 33.3% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 41% is 24 or younger and 8% is 65 or older.
Age | % Distribution |
---|---|
<15 | 23.1% |
15-19 | 10.3% |
20-24 | 7.7% |
25-44 | 25.6% |
45-65 | 25.6% |
66+ | 7.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 10.0% |
Management, Business, & Financial | 20.0% |
Natural Resources Maintenance | 20.0% |
Production & Transportation | 30.0% |
Sales & Office | 20.0% |
Social | 0.0% |
Other | 0.0% |
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 | 11.5% |
High School | 34.6% |
Masters Degree | 3.8% |
Some College | 26.9% |
Some High School | 11.5% |
Other | 11.5% |
303 Hickory Ln Comps
303 Hickory Ln, Kirkland, IL 60146 is a single family home of 3,382 sqft. HomeUnion INVESTimateĀ® for 303 Hickory Ln includes a Price Estimate of $311,018 and a Rent Estimate of $2,247. This single family home has 4 bedrooms,4 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 8.67% and Total Return of 16.85%. The estimated 1 year forecast in home value for 303 Hickory Ln is 4.2%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , DEKALB County , or the 60146 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2