INVESTimate
$50,007
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3862 Cory Ave PROPERTY INFO
FACTS
- Built In 1920
- Price/Sqft : $85.08
CONSTRUCTION
- Beds : 0
- Floor Size : 1,708 sqft
- Baths : 1 Full
3862 Cory Ave SCHOOLS
Financial Details
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KIRON
Neighborhood : KIRON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $846 per month.
MY RENT : $846 MEDIAN RENT : $830
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 $846 would therefore be considered affordable for annual household incomes greater than $33,840 (12 months x 3.333 x $846).
HOUSEHOLD INCOME RANGE
Approximately 587 of households in this neighborhood have a total annual income of $33,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $846 per month.
MINIMUM INCOME RANGE : $33,840
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.
KIRON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 13.9% |
Educational Services | 7.7% |
Health Care & Social Assistance | 15.7% |
Manufacturing | 15.4% |
Retail & Wholesale Trader | 13.9% |
Transportation | 8.6% |
Other | 24.7% |
AGE DISTRIBUTION
49% of the population is between the ages of 25 and 64, 28% is 24 or younger and 23% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.9% |
15-19 | 5.8% |
20-24 | 4.2% |
25-44 | 18.9% |
45-65 | 30.2% |
66+ | 23.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 4.1% |
Healthcare | 10.9% |
Management, Business, & Financial | 18.1% |
Natural Resources Maintenance | 18.6% |
Production & Transportation | 21.7% |
Sales & Office | 18.1% |
Other | 8.6% |
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 | 12.9% |
High School | 43.9% |
Masters Degree | 3.7% |
Some College | 20.0% |
Some High School | 4.8% |
Other | 14.7% |
3862 Cory Ave Comps
3862 Cory Ave, Kiron, IA 51448 is a single family home of 1,708 sqft. HomeUnion INVESTimateĀ® for 3862 Cory Ave includes a Price Estimate of $145,309 and a Rent Estimate of $846. This single family home has 0 bedrooms,1 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 6.99% and Total Return of 8.87%. The estimated 1 year forecast in home value for 3862 Cory Ave is -0.59%.
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