Financial Details33559 Millville Rd PROPERTY INFO
FACTS
- Built In 2004
- Price/Sqft : $121.31
CONSTRUCTION
- Beds : 3
- Floor Size : 1,138 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
33559 Millville Rd, Colesburg, IA 52035 is a single family home of 1,138 sqft. HomeUnion estimate for 33559 Millville Rd includes a Price Estimate of $138,056 and a Rent Estimate of $1,053. This single family home has 3 bedrooms, 2 bathrooms, and was built in 2004. This property has an estimated 15 year annualized Yield of 9.15% and Total Return of 22.22%. The estimated 1 year forecast in home value for 33559 Millville Rd is 4.64%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
33559 Millville Rd SCHOOLS
Financial Details
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COLESBURG
Neighborhood : COLESBURG
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 26% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,053 per month.
MY RENT : $1,053 MEDIAN RENT : $887
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 $1,053 would therefore be considered affordable for annual household incomes greater than $42,120 (12 months x 3.333 x $1,053).
HOUSEHOLD INCOME RANGE
Approximately 224 of households in this neighborhood have a total annual income of $42,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,053 per month.
MINIMUM INCOME RANGE : $42,120
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.
COLESBURG Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 15.8% |
| Construction | 6.8% |
| Educational Services | 7.5% |
| Health Care & Social Assistance | 13.0% |
| Manufacturing | 22.2% |
| Retail & Wholesale Trader | 12.2% |
| Other | 22.6% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 31% is 24 or younger and 18% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 21.6% |
| 15-19 | 5.6% |
| 20-24 | 3.5% |
| 25-44 | 24.4% |
| 45-65 | 26.6% |
| 66+ | 18.3% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Education | 3.4% |
| Healthcare | 7.1% |
| Management, Business, & Financial | 20.8% |
| Natural Resources Maintenance | 15.8% |
| Production & Transportation | 26.7% |
| Sales & Office | 15.5% |
| Other | 10.6% |
HIGHEST EDUCATION LEVEL
8% 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 | 51.0% |
| Masters Degree | 0.7% |
| Some College | 18.1% |
| Some High School | 10.7% |
| Other | 11.8% |
33559 Millville Rd Comps
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