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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

4024 Erica Blvd Sw Oxford, IA 52322

5 Beds 2 Baths 1,680 sqft Built 2003
Last updated:  Dec 26, 2019

INVESTimate

$285,924

$266K - $306K

Price Est.

$2,146

$2.0K - $2.3K

Rent Est.

$281,263  ( -1.63%)   1 YR EST. FORECAST
  
  
  

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4024 Erica Blvd Sw PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $170.19
CONSTRUCTION
  • Beds : 5
  • Floor Size : 1,680 sqft
  • Baths : 2 Full

4024 Erica Blvd Sw SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CLEAR CREEK AMANA HIGH SCHOOL High Regular 504 32 5

CLEAR CREEK AMANA HIGH SCHOOL

  • Education Level: High
  • # of students: 504
  • # of teachers: 32
5
GreatSchools Rating
 

Financial Details

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Neighborhood

OXFORD

  • 2,666

    POPULATION
  • 1,134

    HOUSEHOLDS
  • 48.7%

    WHITE COLLAR

Neighborhood : OXFORD

HOUSEHOLDS
1,134
POPULATION

2,666

9.1%Renters
90.9%Home Owners
LABOR FORCE

 

48.7%White Collar
51.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 24% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,146 per month.

MY RENT : $2,146 MEDIAN RENT : $1,219

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 15.7%
$900-999 9.5%
$1,000-1,499 50.5%
>=$1,500 24.3%
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 $2,146 would therefore be considered affordable for annual household incomes greater than $85,840 (12 months x 3.333 x $2,146).

Rent % Affordability
Above $500 94.6%
Above $700 84.8%
Above $1,100 67.6%
Above $1,500 57.5%
Above $1,900 50.7%
HOUSEHOLD INCOME RANGE

Approximately 334 of households in this neighborhood have a total annual income of $85,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,146 per month.

MINIMUM INCOME RANGE : $85,840

Income % Distribution
<$20K 5.4%
$20K-$35K 16.1%
$35K-$60K 21.0%
$60K-$100K 32.7%
>=$100K 24.8%
COMMUTE TIME DISTRIBUTION

72% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 7.6%
10-14 mins 10.7%
15-19 mins 10.4%
20-29 mins 33.4%
30-44 mins 28.6%
45-59 mins 0.9%
>60 mins 1.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 24% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,146 per month.

MY RENT : $2,146 MEDIAN RENT : $1,219

Rent % Distribution
$500-699 0.0%
$700-899 15.7%
$900-999 9.5%
$1,000-1,499 50.5%
>=$1,500 24.3%
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 $2,146 would therefore be considered affordable for annual household incomes greater than $85,840 (12 months x 3.333 x $2,146).

Rent % Affordability
Above $500 94.6%
Above $700 84.8%
Above $1,100 67.6%
Above $1,500 57.5%
Above $1,900 50.7%
HOUSEHOLD INCOME RANGE

Approximately 334 of households in this neighborhood have a total annual income of $85,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,146 per month.

MINIMUM INCOME RANGE : $85,840

Income % Distribution
<$20K 5.4%
$20K-$35K 16.1%
$35K-$60K 21.0%
$60K-$100K 32.7%
>=$100K 24.8%
COMMUTE TIME DISTRIBUTION

72% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 7.6%
10-14 mins 10.7%
15-19 mins 10.4%
20-29 mins 33.4%
30-44 mins 28.6%
45-59 mins 0.9%
>60 mins 1.8%

OXFORD Demographics

INDUSTRY

Industry % Distribution
Construction 9.8%
Educational Services 11.4%
Health Care & Social Assistance 21.0%
Manufacturing 12.0%
Retail & Wholesale Trader 19.8%
Transportation 5.2%
Other 20.8%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 32% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 16.6%
15-19 6.4%
20-24 8.9%
25-44 24.7%
45-65 25.8%
66+ 17.6%
OCCUPATION

Occupation % Distribution
Education 9.2%
Healthcare 9.9%
Management, Business, & Financial 11.0%
Natural Resources Maintenance 10.1%
Production & Transportation 14.2%
Sales & Office 28.9%
Other 16.6%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.4%
High School 30.3%
Masters Degree 3.3%
Some College 22.4%
Some High School 4.5%
Other 28.1%

4024 Erica Blvd Sw Comps

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4024 Erica Blvd Sw, Oxford, IA 52322 is a single family home of 1,680 sqft. HomeUnion INVESTimateĀ® for 4024 Erica Blvd Sw includes a Price Estimate of $285,924 and a Rent Estimate of $2,146. This single family home has 5 bedrooms,2 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 9.01% and Total Return of 13.70%. The estimated 1 year forecast in home value for 4024 Erica Blvd Sw is -1.63%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , JOHNSON County , or the 52322 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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