INVESTimate
$29,644
Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
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401 Eden St PROPERTY INFO
FACTS
- Built In 1980
- Price/Sqft : $98.37
CONSTRUCTION
- Beds : 1
- Floor Size : 696 sqft
- Baths : 0 Full
401 Eden St SCHOOLS
Financial Details
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CORRIGAN
Neighborhood : CORRIGAN
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 90% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $786 per month.
MY RENT : $786 MEDIAN RENT : $977
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 $786 would therefore be considered affordable for annual household incomes greater than $31,440 (12 months x 3.333 x $786).
HOUSEHOLD INCOME RANGE
Approximately 4,257 of households in this neighborhood have a total annual income of $31,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $786 per month.
MINIMUM INCOME RANGE : $31,440
COMMUTE TIME DISTRIBUTION
46% of the working population has a commute time of 15 to 44 minutes, 43% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
CORRIGAN Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 6.6% |
| Educational Services | 11.2% |
| Health Care & Social Assistance | 12.4% |
| Manufacturing | 19.9% |
| Retail & Wholesale Trader | 13.6% |
| Transportation | 6.1% |
| Other | 30.2% |
AGE DISTRIBUTION
49% of the population is between the ages of 25 and 64, 38% is 24 or younger and 13% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 23.0% |
| 15-19 | 8.0% |
| 20-24 | 6.8% |
| 25-44 | 22.2% |
| 45-65 | 26.6% |
| 66+ | 13.4% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Education | 4.7% |
| Healthcare | 10.4% |
| Management, Business, & Financial | 8.2% |
| Natural Resources Maintenance | 16.1% |
| Production & Transportation | 17.6% |
| Sales & Office | 26.7% |
| Other | 16.3% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 9.7% |
| High School | 32.9% |
| Masters Degree | 3.4% |
| Some College | 23.7% |
| Some High School | 23.9% |
| Other | 6.4% |
401 Eden St Comps
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401 Eden St, Corrigan, TX 75939 is a single family home of 696 sqft. HomeUnion INVESTimateĀ® for 401 Eden St includes a Price Estimate of $68,467 and a Rent Estimate of $786. This single family home has 1 bedrooms,0 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 13.78% and Total Return of 19.00%. The estimated 1 year forecast in home value for 401 Eden St is 2.98%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , POLK County , or the 75939 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
