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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

3750 State Highway 50b Mooreland, OK 73852

3 Beds 2 Baths 2,684 sqft Built 1973
Last updated:  Jan 23, 2020

INVESTimate

$232,619

$215K - $250K

Price Est.

$1,364

$1.2K - $1.5K

Rent Est.

$239,691  ( +3.04%)   1 YR EST. FORECAST
  
  
  

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3750 State Highway 50b PROPERTY INFO

FACTS
  • Built In 1973
  • Price/Sqft : $86.67
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,684 sqft
  • Baths : 2 Full

3750 State Highway 50b SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MOORELAND ELEMENTARY SCHOOL Primary Regular 364 23 4
MOORELAND ELEMENTARY SCHOOL Middle Regular 364 23 4
SENIOR HIGH SCHOOL High Regular 138 14 7

MOORELAND ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 364
  • # of teachers: 23
4
GreatSchools Rating

MOORELAND ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 364
  • # of teachers: 23
4
GreatSchools Rating

SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 138
  • # of teachers: 14
7
GreatSchools Rating
 

Financial Details

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Neighborhood

MOORELAND

  • 2,711

    POPULATION
  • 932

    HOUSEHOLDS
  • 44.1%

    WHITE COLLAR

Neighborhood : MOORELAND

HOUSEHOLDS
932
POPULATION

2,711

19.9%Renters
80.1%Home Owners
LABOR FORCE

 

44.1%White Collar
55.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 10% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,364 per month.

MY RENT : $1,364 MEDIAN RENT : $842

Rent % Distribution LEVEL
$500-699 12.0%
$700-899 48.3%
$900-999 11.1%
$1,000-1,499 25.5%
>=$1,500 3.1%
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 $1,364 would therefore be considered affordable for annual household incomes greater than $54,560 (12 months x 3.333 x $1,364).

Rent % Affordability
Above $500 87.7%
Above $700 81.7%
Above $1,100 69.5%
Above $1,500 57.3%
Above $1,900 39.8%
HOUSEHOLD INCOME RANGE

Approximately 551 of households in this neighborhood have a total annual income of $54,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,364 per month.

MINIMUM INCOME RANGE : $54,560

Income % Distribution
<$20K 12.3%
$20K-$35K 9.0%
$35K-$60K 21.4%
$60K-$100K 28.8%
>=$100K 28.5%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 33% 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 7.3%
5-9 mins 17.4%
10-14 mins 8.8%
15-19 mins 11.9%
20-29 mins 30.5%
30-44 mins 14.5%
45-59 mins 3.1%
>60 mins 6.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 10% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,364 per month.

MY RENT : $1,364 MEDIAN RENT : $842

Rent % Distribution
$500-699 12.0%
$700-899 48.3%
$900-999 11.1%
$1,000-1,499 25.5%
>=$1,500 3.1%
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 $1,364 would therefore be considered affordable for annual household incomes greater than $54,560 (12 months x 3.333 x $1,364).

Rent % Affordability
Above $500 87.7%
Above $700 81.7%
Above $1,100 69.5%
Above $1,500 57.3%
Above $1,900 39.8%
HOUSEHOLD INCOME RANGE

Approximately 551 of households in this neighborhood have a total annual income of $54,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,364 per month.

MINIMUM INCOME RANGE : $54,560

Income % Distribution
<$20K 12.3%
$20K-$35K 9.0%
$35K-$60K 21.4%
$60K-$100K 28.8%
>=$100K 28.5%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 33% 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 7.3%
5-9 mins 17.4%
10-14 mins 8.8%
15-19 mins 11.9%
20-29 mins 30.5%
30-44 mins 14.5%
45-59 mins 3.1%
>60 mins 6.5%

MOORELAND Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 22.3%
Construction 9.0%
Health Care & Social Assistance 15.4%
Manufacturing 8.2%
Retail & Wholesale Trader 16.4%
Transportation 6.0%
Other 22.8%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 37% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 22.4%
15-19 9.1%
20-24 5.5%
25-44 27.5%
45-65 20.4%
66+ 15.0%
OCCUPATION

Occupation % Distribution
Healthcare 9.3%
Management, Business, & Financial 11.2%
Natural Resources Maintenance 26.9%
Production & Transportation 21.9%
Protect 2.9%
Sales & Office 19.8%
Other 7.9%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.4%
High School 31.9%
Masters Degree 3.6%
Some College 29.2%
Some High School 10.0%
Other 20.0%

3750 State Highway 50b Comps

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3750 State Highway 50b, Mooreland, OK 73852 is a single family home of 2,684 sqft. HomeUnion INVESTimateĀ® for 3750 State Highway 50b includes a Price Estimate of $232,619 and a Rent Estimate of $1,364. This single family home has 3 bedrooms,2 bathrooms, and was built in 1973. This property has an estimated 15 year annualized Yield of 7.04% and Total Return of 16.27%. The estimated 1 year forecast in home value for 3750 State Highway 50b is 3.04%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , WOODWARD County , or the 73852 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 73859
  2. 73860