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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

3318 Longpoint Blacktop Ancona, IL 61311

3 Beds 1 Baths 986 sqft Built 1900
Last updated:  Jan 23, 2020

INVESTimate

$90,163

$83.8K - $96.5K

Price Est.

$966

825 - $1.1K

Rent Est.

$90,163  ( 0%)   1 YR EST. FORECAST
  
  
  

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3318 Longpoint Blacktop PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $91.44
CONSTRUCTION
  • Beds : 3
  • Floor Size : 986 sqft
  • Baths : 1 Full

3318 Longpoint Blacktop SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WOODLAND ELEMENTARY-JR HIGH SCHOOL Primary Regular 362 23 6
WOODLAND ELEMENTARY-JR HIGH SCHOOL Middle Regular 362 23 6
WOODLAND HIGH SCHOOL High Regular 124 17 6

WOODLAND ELEMENTARY-JR HIGH SCHOOL

  • Education Level: Primary
  • # of students: 362
  • # of teachers: 23
6
GreatSchools Rating

WOODLAND ELEMENTARY-JR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 362
  • # of teachers: 23
6
GreatSchools Rating

WOODLAND HIGH SCHOOL

  • Education Level: High
  • # of students: 124
  • # of teachers: 17
6
GreatSchools Rating
 

Financial Details

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Neighborhood

ANCONA

  • 234

    POPULATION
  • 107

    HOUSEHOLDS
  • 50.1%

    WHITE COLLAR

Neighborhood : ANCONA

HOUSEHOLDS
107
POPULATION

234

14.7%Renters
85.3%Home Owners
LABOR FORCE

 

50.1%White Collar
49.9%Blue Collar
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 $966 per month.

MY RENT : $966 MEDIAN RENT : $1,082

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 14.8%
$900-999 23.5%
$1,000-1,499 59.3%
>=$1,500 2.5%
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 $966 would therefore be considered affordable for annual household incomes greater than $38,640 (12 months x 3.333 x $966).

Rent % Affordability
Above $500 86.1%
Above $700 78.0%
Above $1,100 63.5%
Above $1,500 53.7%
Above $1,900 44.7%
HOUSEHOLD INCOME RANGE

Approximately 65 of households in this neighborhood have a total annual income of $38,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $966 per month.

MINIMUM INCOME RANGE : $38,640

Income % Distribution
<$20K 13.9%
$20K-$35K 14.8%
$35K-$60K 17.6%
$60K-$100K 25.9%
>=$100K 27.8%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 21.1%
10-14 mins 17.4%
15-19 mins 17.4%
20-29 mins 23.9%
30-44 mins 8.3%
45-59 mins 3.7%
>60 mins 6.4%
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 $966 per month.

MY RENT : $966 MEDIAN RENT : $1,082

Rent % Distribution
$500-699 0.0%
$700-899 14.8%
$900-999 23.5%
$1,000-1,499 59.3%
>=$1,500 2.5%
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 $966 would therefore be considered affordable for annual household incomes greater than $38,640 (12 months x 3.333 x $966).

Rent % Affordability
Above $500 86.1%
Above $700 78.0%
Above $1,100 63.5%
Above $1,500 53.7%
Above $1,900 44.7%
HOUSEHOLD INCOME RANGE

Approximately 65 of households in this neighborhood have a total annual income of $38,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $966 per month.

MINIMUM INCOME RANGE : $38,640

Income % Distribution
<$20K 13.9%
$20K-$35K 14.8%
$35K-$60K 17.6%
$60K-$100K 25.9%
>=$100K 27.8%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 21.1%
10-14 mins 17.4%
15-19 mins 17.4%
20-29 mins 23.9%
30-44 mins 8.3%
45-59 mins 3.7%
>60 mins 6.4%

ANCONA Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.6%
Arts & Entertainment 11.2%
Health Care & Social Assistance 11.2%
Manufacturing 22.4%
Retail & Wholesale Trader 11.2%
Transportation 9.5%
Other 25.9%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 21% is 24 or younger and 26% is 65 or older.

Age % Distribution
<15 13.7%
15-19 4.3%
20-24 3.4%
25-44 20.9%
45-65 31.6%
66+ 26.1%
OCCUPATION

Occupation % Distribution
Construction 2.6%
Healthcare 10.4%
Management, Business, & Financial 16.9%
Natural Resources Maintenance 13.0%
Production & Transportation 35.1%
Sales & Office 16.9%
Other 5.2%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.7%
High School 53.1%
Masters Degree 3.6%
Some College 16.8%
Some High School 5.1%
Other 13.8%

3318 Longpoint Blacktop Comps

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3318 Longpoint Blacktop, Ancona, IL 61311 is a single family home of 986 sqft. HomeUnion INVESTimateĀ® for 3318 Longpoint Blacktop includes a Price Estimate of $90,163 and a Rent Estimate of $966. This single family home has 3 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 12.86% and Total Return of 18.29%. The estimated 1 year forecast in home value for 3318 Longpoint Blacktop is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LIVINGSTON County , or the 61311 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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