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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

4042 W Schrock Rd Hudson, IA 50643

4 Beds 2 Baths 3,128 sqft Built 1978
Last updated:  Jan 23, 2020

INVESTimate

$327,114

$309K - $345K

Price Est.

$1,563

$1.4K - $1.7K

Rent Est.

$333,624  ( +1.99%)   1 YR EST. FORECAST
  
  
  

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4042 W Schrock Rd PROPERTY INFO

FACTS
  • Built In 1978
  • Price/Sqft : $104.58
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,128 sqft
  • Baths : 2 Full

4042 W Schrock Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HUDSON ELEMENTARY SCHOOL Primary Regular 261 15 4
HUDSON HIGH SCHOOL Middle Regular 249 17 7
HUDSON HIGH SCHOOL High Regular 249 17 7

HUDSON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 261
  • # of teachers: 15
4
GreatSchools Rating

HUDSON HIGH SCHOOL

  • Education Level: Middle
  • # of students: 249
  • # of teachers: 17
7
GreatSchools Rating

HUDSON HIGH SCHOOL

  • Education Level: High
  • # of students: 249
  • # of teachers: 17
7
GreatSchools Rating
 

Financial Details

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Neighborhood

HUDSON

  • 2,747

    POPULATION
  • 1,058

    HOUSEHOLDS
  • 69.2%

    WHITE COLLAR

Neighborhood : HUDSON

HOUSEHOLDS
1,058
POPULATION

2,747

13.2%Renters
86.8%Home Owners
LABOR FORCE

 

69.2%White Collar
30.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,563 per month.

MY RENT : $1,563 MEDIAN RENT : $1,264

Rent % Distribution LEVEL
$500-699 3.2%
$700-899 6.2%
$900-999 5.1%
$1,000-1,499 70.3%
>=$1,500 15.3%
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 $1,563 would therefore be considered affordable for annual household incomes greater than $62,520 (12 months x 3.333 x $1,563).

Rent % Affordability
Above $500 94.7%
Above $700 90.6%
Above $1,100 81.0%
Above $1,500 72.3%
Above $1,900 56.3%
HOUSEHOLD INCOME RANGE

Approximately 538 of households in this neighborhood have a total annual income of $62,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,563 per month.

MINIMUM INCOME RANGE : $62,520

Income % Distribution
<$20K 5.3%
$20K-$35K 8.3%
$35K-$60K 14.1%
$60K-$100K 34.5%
>=$100K 37.8%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 42% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.7%
5-9 mins 14.3%
10-14 mins 20.2%
15-19 mins 26.3%
20-29 mins 23.2%
30-44 mins 4.4%
45-59 mins 0.3%
>60 mins 3.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,563 per month.

MY RENT : $1,563 MEDIAN RENT : $1,264

Rent % Distribution
$500-699 3.2%
$700-899 6.2%
$900-999 5.1%
$1,000-1,499 70.3%
>=$1,500 15.3%
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 $1,563 would therefore be considered affordable for annual household incomes greater than $62,520 (12 months x 3.333 x $1,563).

Rent % Affordability
Above $500 94.7%
Above $700 90.6%
Above $1,100 81.0%
Above $1,500 72.3%
Above $1,900 56.3%
HOUSEHOLD INCOME RANGE

Approximately 538 of households in this neighborhood have a total annual income of $62,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,563 per month.

MINIMUM INCOME RANGE : $62,520

Income % Distribution
<$20K 5.3%
$20K-$35K 8.3%
$35K-$60K 14.1%
$60K-$100K 34.5%
>=$100K 37.8%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 42% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.7%
5-9 mins 14.3%
10-14 mins 20.2%
15-19 mins 26.3%
20-29 mins 23.2%
30-44 mins 4.4%
45-59 mins 0.3%
>60 mins 3.6%

HUDSON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 5.3%
Construction 8.0%
Educational Services 10.5%
Health Care & Social Assistance 13.0%
Manufacturing 15.8%
Retail & Wholesale Trader 19.3%
Other 28.0%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 30% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 19.3%
15-19 4.8%
20-24 5.5%
25-44 22.0%
45-65 31.9%
66+ 16.4%
OCCUPATION

Occupation % Distribution
Construction 8.5%
Healthcare 6.6%
Management, Business, & Financial 20.3%
Natural Resources Maintenance 11.4%
Production & Transportation 9.9%
Sales & Office 28.8%
Other 14.6%
HIGHEST EDUCATION LEVEL

26% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 16.2%
High School 27.1%
Masters Degree 8.0%
Some College 21.1%
Some High School 2.8%
Other 24.9%

4042 W Schrock Rd Comps

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4042 W Schrock Rd, Hudson, IA 50643 is a single family home of 3,128 sqft. HomeUnion INVESTimateĀ® for 4042 W Schrock Rd includes a Price Estimate of $327,114 and a Rent Estimate of $1,563. This single family home has 4 bedrooms,2 bathrooms, and was built in 1978. This property has an estimated 15 year annualized Yield of 5.73% and Total Return of 8.71%. The estimated 1 year forecast in home value for 4042 W Schrock Rd is 1.99%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , BLACK HAWK County , or the 50643 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 50701