Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

309 Second St Kempton, IL 60946

3 Beds 2 Baths 1,352 sqft Built 1901
Last updated:  Dec 26, 2019

INVESTimate

$71,090

$64.8K - $77.4K

Price Est.

$1,227

$1.0K - $1.4K

Rent Est.

$73,443  ( +3.31%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040

309 Second St PROPERTY INFO

FACTS
  • Built In 1901
  • Price/Sqft : $52.58
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,352 sqft
  • Baths : 1 Full 1 Half

309 Second St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TRI-POINT ELEMENTARY SCHOOL Primary Regular 132 14 6
TRI-POINT JUNIOR HIGH SCHOOL Middle Regular 198 13 4
TRI-POINT HIGH SCHOOL High Regular 152 12 8

TRI-POINT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 132
  • # of teachers: 14
6
GreatSchools Rating

TRI-POINT JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 198
  • # of teachers: 13
4
GreatSchools Rating

TRI-POINT HIGH SCHOOL

  • Education Level: High
  • # of students: 152
  • # of teachers: 12
8
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

KEMPTON

  • 338

    POPULATION
  • 154

    HOUSEHOLDS
  • 54.0%

    WHITE COLLAR

Neighborhood : KEMPTON

HOUSEHOLDS
154
POPULATION

338

27.1%Renters
72.9%Home Owners
LABOR FORCE

 

54.0%White Collar
46.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,227 per month.

MY RENT : $1,227 MEDIAN RENT : $1,215

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.5%
$900-999 8.1%
$1,000-1,499 84.4%
>=$1,500 5.9%
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 $1,227 would therefore be considered affordable for annual household incomes greater than $49,080 (12 months x 3.333 x $1,227).

Rent % Affordability
Above $500 90.4%
Above $700 82.3%
Above $1,100 65.1%
Above $1,500 47.1%
Above $1,900 32.5%
HOUSEHOLD INCOME RANGE

Approximately 81 of households in this neighborhood have a total annual income of $49,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,227 per month.

MINIMUM INCOME RANGE : $49,080

Income % Distribution
<$20K 9.6%
$20K-$35K 19.7%
$35K-$60K 23.6%
$60K-$100K 29.3%
>=$100K 17.8%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.9%
5-9 mins 10.7%
10-14 mins 10.0%
15-19 mins 7.9%
20-29 mins 14.3%
30-44 mins 21.4%
45-59 mins 12.9%
>60 mins 15.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,227 per month.

MY RENT : $1,227 MEDIAN RENT : $1,215

Rent % Distribution
$500-699 0.0%
$700-899 1.5%
$900-999 8.1%
$1,000-1,499 84.4%
>=$1,500 5.9%
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 $1,227 would therefore be considered affordable for annual household incomes greater than $49,080 (12 months x 3.333 x $1,227).

Rent % Affordability
Above $500 90.4%
Above $700 82.3%
Above $1,100 65.1%
Above $1,500 47.1%
Above $1,900 32.5%
HOUSEHOLD INCOME RANGE

Approximately 81 of households in this neighborhood have a total annual income of $49,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,227 per month.

MINIMUM INCOME RANGE : $49,080

Income % Distribution
<$20K 9.6%
$20K-$35K 19.7%
$35K-$60K 23.6%
$60K-$100K 29.3%
>=$100K 17.8%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.9%
5-9 mins 10.7%
10-14 mins 10.0%
15-19 mins 7.9%
20-29 mins 14.3%
30-44 mins 21.4%
45-59 mins 12.9%
>60 mins 15.0%

KEMPTON Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 15.3%
Arts & Entertainment 8.3%
Construction 8.3%
Manufacturing 9.6%
Retail & Wholesale Trader 21.7%
Transportation 5.7%
Other 31.2%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 24% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 11.5%
15-19 3.8%
20-24 8.9%
25-44 20.4%
45-65 34.3%
66+ 21.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.7%
Management, Business, & Financial 20.2%
Natural Resources Maintenance 20.2%
Production & Transportation 18.3%
Protect 4.8%
Sales & Office 10.6%
Other 19.2%
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 8.1%
High School 35.5%
Masters Degree 5.8%
Some College 32.4%
Some High School 6.2%
Other 12.0%

309 Second St Comps

Sorry, we do not have sufficient data available.

309 Second St, Kempton, IL 60946 is a single family home of 1,352 sqft. HomeUnion INVESTimateĀ® for 309 Second St includes a Price Estimate of $71,090 and a Rent Estimate of $1,227. This single family home has 3 bedrooms,2 bathrooms, and was built in 1901. This property has an estimated 15 year annualized Yield of 20.71% and Total Return of 31.69%. The estimated 1 year forecast in home value for 309 Second St is 3.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , FORD County , or the 60946 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Second St

  1. 222 Second St
  2. 309 Second St
  3. 312 Second St
  4. 402 Second St

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 61720
  2. 60921
  3. 60929