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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

407 E Elm Westville, OK 74965

3 Beds 1 Baths 1,200 sqft Built 1968
Last updated:  Jan 23, 2020

INVESTimate

$48,702

$45.2K - $52.2K

Price Est.

$670

595 - 745

Rent Est.

$51,454  ( +5.65%)   1 YR EST. FORECAST
  
  
  

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407 E Elm PROPERTY INFO

FACTS
  • Built In 1968
  • Price/Sqft : $40.58
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,200 sqft
  • Baths : 1 Full

407 E Elm SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WESTVILLE JUNIOR HIGH-HIGH SCHOOL Middle Regular 155 13 4
WESTVILLE HIGH SCHOOL High Regular 357 26 4

WESTVILLE JUNIOR HIGH-HIGH SCHOOL

  • Education Level: Middle
  • # of students: 155
  • # of teachers: 13
4
GreatSchools Rating

WESTVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 357
  • # of teachers: 26
4
GreatSchools Rating
 

Financial Details

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Neighborhood

WESTVILLE

  • 6,112

    POPULATION
  • 2,280

    HOUSEHOLDS
  • 41.2%

    WHITE COLLAR

Neighborhood : WESTVILLE

HOUSEHOLDS
2,280
POPULATION

6,112

27.9%Renters
72.1%Home Owners
LABOR FORCE

 

41.2%White Collar
58.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $670 per month.

MY RENT : $670 MEDIAN RENT : $756

Rent % Distribution LEVEL
$500-699 26.3%
$700-899 50.4%
$900-999 10.3%
$1,000-1,499 12.2%
>=$1,500 0.8%
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 $670 would therefore be considered affordable for annual household incomes greater than $26,800 (12 months x 3.333 x $670).

Rent % Affordability
Above $500 72.3%
Above $700 61.4%
Above $1,100 39.8%
Above $1,500 28.3%
Above $1,900 19.8%
HOUSEHOLD INCOME RANGE

Approximately 5,862 of households in this neighborhood have a total annual income of $26,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $670 per month.

MINIMUM INCOME RANGE : $26,800

Income % Distribution
<$20K 27.7%
$20K-$35K 22.5%
$35K-$60K 21.5%
$60K-$100K 19.9%
>=$100K 8.4%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 11.5%
10-14 mins 9.0%
15-19 mins 11.3%
20-29 mins 14.3%
30-44 mins 31.1%
45-59 mins 9.4%
>60 mins 7.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $670 per month.

MY RENT : $670 MEDIAN RENT : $756

Rent % Distribution
$500-699 26.3%
$700-899 50.4%
$900-999 10.3%
$1,000-1,499 12.2%
>=$1,500 0.8%
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 $670 would therefore be considered affordable for annual household incomes greater than $26,800 (12 months x 3.333 x $670).

Rent % Affordability
Above $500 72.3%
Above $700 61.4%
Above $1,100 39.8%
Above $1,500 28.3%
Above $1,900 19.8%
HOUSEHOLD INCOME RANGE

Approximately 5,862 of households in this neighborhood have a total annual income of $26,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $670 per month.

MINIMUM INCOME RANGE : $26,800

Income % Distribution
<$20K 27.7%
$20K-$35K 22.5%
$35K-$60K 21.5%
$60K-$100K 19.9%
>=$100K 8.4%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 11.5%
10-14 mins 9.0%
15-19 mins 11.3%
20-29 mins 14.3%
30-44 mins 31.1%
45-59 mins 9.4%
>60 mins 7.0%

WESTVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.3%
Educational Services 13.5%
Health Care & Social Assistance 9.2%
Manufacturing 22.6%
Retail & Wholesale Trader 11.9%
Transportation 6.4%
Other 27.0%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 35% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 21.4%
15-19 6.9%
20-24 6.7%
25-44 24.3%
45-65 25.3%
66+ 15.4%
OCCUPATION

Occupation % Distribution
Construction 4.3%
Healthcare 6.3%
Management, Business, & Financial 9.3%
Natural Resources Maintenance 13.1%
Production & Transportation 31.6%
Sales & Office 20.3%
Other 15.3%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.0%
High School 42.1%
Masters Degree 2.7%
Some College 20.2%
Some High School 17.7%
Other 12.4%

407 E Elm Comps

Sorry, we do not have sufficient data available.

407 E Elm, Westville, OK 74965 is a single family home of 1,200 sqft. HomeUnion INVESTimateĀ® for 407 E Elm includes a Price Estimate of $48,702 and a Rent Estimate of $670. This single family home has 3 bedrooms,1 bathrooms, and was built in 1968. This property has an estimated 15 year annualized Yield of 16.51% and Total Return of 29.05%. The estimated 1 year forecast in home value for 407 E Elm is 5.65%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , ADAIR County , or the 74965 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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