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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 Walnut St Floris, IA 52560

0 Beds 1 Baths 1,560 sqft Built 1915
Last updated:  Jan 23, 2020

INVESTimate

$239,219

$223K - $255K

Price Est.

$786

687 - 885

Rent Est.

$240,941  ( +0.72%)   1 YR EST. FORECAST
  
  
  

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407 E Walnut St PROPERTY INFO

FACTS
  • Built In 1915
  • Price/Sqft : $153.35
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,560 sqft
  • Baths : 1 Full

407 E Walnut St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DAVIS COUNTY ELEMENTARY SCHOOL Primary Regular 496 39 6
DAVIS COUNTY MIDDLE SCHOOL Middle Regular 368 21 4
DAVIS COUNTY HIGH SCHOOL High Regular 371 26 3

DAVIS COUNTY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 496
  • # of teachers: 39
6
GreatSchools Rating

DAVIS COUNTY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 368
  • # of teachers: 21
4
GreatSchools Rating

DAVIS COUNTY HIGH SCHOOL

  • Education Level: High
  • # of students: 371
  • # of teachers: 26
3
GreatSchools Rating
 

Financial Details

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Neighborhood

FLORIS

  • 429

    POPULATION
  • 178

    HOUSEHOLDS
  • 66.5%

    WHITE COLLAR

Neighborhood : FLORIS

HOUSEHOLDS
178
POPULATION

429

7.5%Renters
92.5%Home Owners
LABOR FORCE

 

66.5%White Collar
33.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% 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 : $762

Rent % Distribution LEVEL
$500-699 20.3%
$700-899 47.3%
$900-999 12.2%
$1,000-1,499 17.6%
>=$1,500 2.7%
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).

Rent % Affordability
Above $500 85.3%
Above $700 78.8%
Above $1,100 69.7%
Above $1,500 55.4%
Above $1,900 36.5%
HOUSEHOLD INCOME RANGE

Approximately 273 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

Income % Distribution
<$20K 14.7%
$20K-$35K 8.5%
$35K-$60K 21.5%
$60K-$100K 37.9%
>=$100K 17.5%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.3%
5-9 mins 5.7%
10-14 mins 11.3%
15-19 mins 13.4%
20-29 mins 19.6%
30-44 mins 26.8%
45-59 mins 7.7%
>60 mins 5.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% 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 : $762

Rent % Distribution
$500-699 20.3%
$700-899 47.3%
$900-999 12.2%
$1,000-1,499 17.6%
>=$1,500 2.7%
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).

Rent % Affordability
Above $500 85.3%
Above $700 78.8%
Above $1,100 69.7%
Above $1,500 55.4%
Above $1,900 36.5%
HOUSEHOLD INCOME RANGE

Approximately 273 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

Income % Distribution
<$20K 14.7%
$20K-$35K 8.5%
$35K-$60K 21.5%
$60K-$100K 37.9%
>=$100K 17.5%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.3%
5-9 mins 5.7%
10-14 mins 11.3%
15-19 mins 13.4%
20-29 mins 19.6%
30-44 mins 26.8%
45-59 mins 7.7%
>60 mins 5.2%

FLORIS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 14.9%
Construction 8.8%
Educational Services 14.4%
Health Care & Social Assistance 7.0%
Manufacturing 11.2%
Retail & Wholesale Trader 11.2%
Other 32.6%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 23% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 15.4%
15-19 5.1%
20-24 2.6%
25-44 19.6%
45-65 35.0%
66+ 22.4%
OCCUPATION

Occupation % Distribution
Construction 10.7%
Education 5.4%
Management, Business, & Financial 26.2%
Natural Resources Maintenance 7.4%
Production & Transportation 18.1%
Sales & Office 14.1%
Other 18.1%
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 11.1%
High School 44.6%
Masters Degree 2.7%
Some College 21.0%
Some High School 6.9%
Other 13.8%

407 E Walnut St Comps

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407 E Walnut St, Floris, IA 52560 is a single family home of 1,560 sqft. HomeUnion INVESTimate¬ģ for 407 E Walnut St includes a Price Estimate of $239,219 and a Rent Estimate of $786. This single family home has 0 bedrooms,1 bathrooms, and was built in 1915. This property has an estimated 15 year annualized Yield of 3.94% and Total Return of 3.32%. The estimated 1 year forecast in home value for 407 E Walnut St is 0.72%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , DAVIS County , or the 52560 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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