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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.

39103 New Lancaster Rd La Cygne, KS 66040

2 Beds 1 Baths 1,048 sqft Built 1976
Last updated:  Jan 23, 2020

INVESTimate

$228,833

$211K - $247K

Price Est.

$877

756 - 998

Rent Est.

$239,199  ( +4.53%)   1 YR EST. FORECAST

39103 New Lancaster Rd PROPERTY INFO

FACTS
  • Built In 1976
  • Price/Sqft : $218.35
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,048 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
39103 New Lancaster Rd, La Cygne, KS 66040 is a single family home of 1,048 sqft. HomeUnion estimate for 39103 New Lancaster Rd includes a Price Estimate of $228,833 and a Rent Estimate of $877. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 4.60% and Total Return of 13.08%. The estimated 1 year forecast in home value for 39103 New Lancaster Rd is 4.53%.
  
  
  

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39103 New Lancaster Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PRAIRIE VIEW HIGH SCHOOL High Regular 308 28 7

PRAIRIE VIEW HIGH SCHOOL

  • Education Level: High
  • # of students: 308
  • # of teachers: 28
7
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 16% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $877 per month.

MY RENT : $877 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 $877 would therefore be considered affordable for annual household incomes greater than $35,080 (12 months x 3.333 x $877).

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 719 of households in this neighborhood have a total annual income of $35,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $877 per month.

MINIMUM INCOME RANGE : $35,080

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 16% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $877 per month.

MY RENT : $877 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 $877 would therefore be considered affordable for annual household incomes greater than $35,080 (12 months x 3.333 x $877).

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 719 of households in this neighborhood have a total annual income of $35,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $877 per month.

MINIMUM INCOME RANGE : $35,080

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%

39103 New Lancaster Rd Comps

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