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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.

38120 State Line Rd La Cygne, KS 66040

3 Beds 2 Baths 1,620 sqft Built 1999
Last updated:  Jan 23, 2020

INVESTimate

$254,012

$236K - $272K

Price Est.

$1,415

$1.2K - $1.6K

Rent Est.

$265,519  ( +4.53%)   1 YR EST. FORECAST

38120 State Line Rd PROPERTY INFO

FACTS
  • Built In 1999
  • Price/Sqft : $156.80
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,620 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
38120 State Line Rd, La Cygne, KS 66040 is a single family home of 1,620 sqft. HomeUnion estimate for 38120 State Line Rd includes a Price Estimate of $254,012 and a Rent Estimate of $1,415. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 6.68% and Total Return of 17.18%. The estimated 1 year forecast in home value for 38120 State Line Rd is 4.53%.
  
  
  

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38120 State Line Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BROADMOOR ELEMENTARY SCHOOL Primary Regular 379 20 7
LOUISBURG MIDDLE SCHOOL Middle Regular 406 25 8
LOUISBURG HIGH SCHOOL High Regular 495 34 9

BROADMOOR ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 379
  • # of teachers: 20
7
GreatSchools Rating

LOUISBURG MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 406
  • # of teachers: 25
8
GreatSchools Rating

LOUISBURG HIGH SCHOOL

  • Education Level: High
  • # of students: 495
  • # of teachers: 34
9
GreatSchools Rating
 

Financial Details

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Neighborhood

LA CYGNE

  • 3,453

    POPULATION
  • 1,439

    HOUSEHOLDS
  • 55.3%

    WHITE COLLAR

Neighborhood : LA CYGNE

HOUSEHOLDS
1,439
POPULATION

3,453

24.1%Renters
75.9%Home Owners
LABOR FORCE

 

55.3%White Collar
44.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 2% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,415 per month.

MY RENT : $1,415 MEDIAN RENT : $724

Rent % Distribution LEVEL
$400-699 23.3%
$700-899 68.3%
$900-999 2.0%
$1,000-1,499 5.4%
>=$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 $1,415 would therefore be considered affordable for annual household incomes greater than $56,600 (12 months x 3.333 x $1,415).

Rent % Affordability
Above $500 78.0%
Above $700 70.8%
Above $1,100 55.3%
Above $1,500 39.4%
Above $1,900 29.8%
HOUSEHOLD INCOME RANGE

Approximately 587 of households in this neighborhood have a total annual income of $56,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,415 per month.

MINIMUM INCOME RANGE : $56,600

Income % Distribution
<$20K 22.0%
$20K-$35K 12.9%
$35K-$60K 25.7%
$60K-$100K 21.1%
>=$100K 18.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.6%
5-9 mins 11.2%
10-14 mins 3.9%
15-19 mins 11.3%
20-29 mins 13.9%
30-44 mins 24.4%
45-59 mins 14.9%
>60 mins 15.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 2% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,415 per month.

MY RENT : $1,415 MEDIAN RENT : $724

Rent % Distribution
$400-699 23.3%
$700-899 68.3%
$900-999 2.0%
$1,000-1,499 5.4%
>=$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 $1,415 would therefore be considered affordable for annual household incomes greater than $56,600 (12 months x 3.333 x $1,415).

Rent % Affordability
Above $500 78.0%
Above $700 70.8%
Above $1,100 55.3%
Above $1,500 39.4%
Above $1,900 29.8%
HOUSEHOLD INCOME RANGE

Approximately 587 of households in this neighborhood have a total annual income of $56,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,415 per month.

MINIMUM INCOME RANGE : $56,600

Income % Distribution
<$20K 22.0%
$20K-$35K 12.9%
$35K-$60K 25.7%
$60K-$100K 21.1%
>=$100K 18.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.6%
5-9 mins 11.2%
10-14 mins 3.9%
15-19 mins 11.3%
20-29 mins 13.9%
30-44 mins 24.4%
45-59 mins 14.9%
>60 mins 15.8%

LA CYGNE Demographics

INDUSTRY

Industry % Distribution
Construction 15.9%
Educational Services 9.5%
Health Care & Social Assistance 9.3%
Manufacturing 10.3%
Retail & Wholesale Trader 19.7%
Transportation 9.6%
Other 25.6%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 36% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 21.0%
15-19 8.8%
20-24 6.1%
25-44 19.3%
45-65 28.6%
66+ 16.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.0%
Construction 6.9%
Management, Business, & Financial 12.5%
Natural Resources Maintenance 19.5%
Production & Transportation 17.2%
Sales & Office 20.7%
Other 15.2%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.8%
High School 35.9%
Masters Degree 4.8%
Some College 22.9%
Some High School 12.4%
Other 13.3%

38120 State Line 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 KS , MIAMI County , or the 66040 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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