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This page contains information about each property aggregated from public data sources, 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.

33965 Millville Rd Colesburg, IA 52035

3 Beds 1 Baths 1,976 sqft Built 1900
Last updated:  Jan 23, 2020

INVESTimate

$151,752

$140K - $163K

Price Est.

$933

802 - $1.1K

Rent Est.

$158,793  ( +4.64%)   1 YR EST. FORECAST

33965 Millville Rd PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $76.80
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,976 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
33965 Millville Rd, Colesburg, IA 52035 is a single family home of 1,976 sqft. HomeUnion estimate for 33965 Millville Rd includes a Price Estimate of $151,752 and a Rent Estimate of $933. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 7.38% and Total Return of 17.06%. The estimated 1 year forecast in home value for 33965 Millville Rd is 4.64%.
  
  
  

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33965 Millville Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CLAYTON RIDGE ELEMENTARY SCHOOL Primary Regular 218 17 8
CLAYTON RIDGE HIGH SCHOOL High Regular 230 18 4

CLAYTON RIDGE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 218
  • # of teachers: 17
8
GreatSchools Rating

CLAYTON RIDGE HIGH SCHOOL

  • Education Level: High
  • # of students: 230
  • # of teachers: 18
4
GreatSchools Rating
 

Financial Details

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Neighborhood

COLESBURG

  • 965

    POPULATION
  • 407

    HOUSEHOLDS
  • 51.9%

    WHITE COLLAR

Neighborhood : COLESBURG

HOUSEHOLDS
407
POPULATION

965

14.4%Renters
85.6%Home Owners
LABOR FORCE

 

51.9%White Collar
48.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 41% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $933 per month.

MY RENT : $933 MEDIAN RENT : $887

Rent % Distribution LEVEL
$500-699 20.7%
$700-899 32.0%
$900-999 18.2%
$1,000-1,499 28.1%
>=$1,500 1.0%
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 $933 would therefore be considered affordable for annual household incomes greater than $37,320 (12 months x 3.333 x $933).

Rent % Affordability
Above $500 88.0%
Above $700 84.2%
Above $1,100 61.6%
Above $1,500 45.5%
Above $1,900 30.9%
HOUSEHOLD INCOME RANGE

Approximately 234 of households in this neighborhood have a total annual income of $37,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $933 per month.

MINIMUM INCOME RANGE : $37,320

Income % Distribution
<$20K 12.0%
$20K-$35K 11.2%
$35K-$60K 31.3%
$60K-$100K 29.8%
>=$100K 15.6%
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.

Time (mins) % Distribution
<5 mins 7.1%
5-9 mins 6.6%
10-14 mins 5.2%
15-19 mins 19.5%
20-29 mins 21.4%
30-44 mins 18.6%
45-59 mins 14.4%
>60 mins 7.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 41% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $933 per month.

MY RENT : $933 MEDIAN RENT : $887

Rent % Distribution
$500-699 20.7%
$700-899 32.0%
$900-999 18.2%
$1,000-1,499 28.1%
>=$1,500 1.0%
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 $933 would therefore be considered affordable for annual household incomes greater than $37,320 (12 months x 3.333 x $933).

Rent % Affordability
Above $500 88.0%
Above $700 84.2%
Above $1,100 61.6%
Above $1,500 45.5%
Above $1,900 30.9%
HOUSEHOLD INCOME RANGE

Approximately 234 of households in this neighborhood have a total annual income of $37,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $933 per month.

MINIMUM INCOME RANGE : $37,320

Income % Distribution
<$20K 12.0%
$20K-$35K 11.2%
$35K-$60K 31.3%
$60K-$100K 29.8%
>=$100K 15.6%
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.

Time (mins) % Distribution
<5 mins 7.1%
5-9 mins 6.6%
10-14 mins 5.2%
15-19 mins 19.5%
20-29 mins 21.4%
30-44 mins 18.6%
45-59 mins 14.4%
>60 mins 7.3%

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%

33965 Millville Rd Comps

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Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , CLAYTON County , or the 52035 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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