Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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 Elm St Tabor, IA 51653

0 Beds 3 Baths 2,193 sqft Built 0
Last updated:  Nov 28, 2019

INVESTimate

$134,571

$128K - $141K

Price Est.

$1,117

960 - $1.3K

Rent Est.

$134,571  ( 0%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1312 CAMELOT DRIVE Atlanta, GA
    • 4 beds 3 baths ∙ 2,110 Sqft ∙ Built 1970 ∙ 1units 4 beds 3 baths ∙ 2,110 Sqft ∙ Built 1970 ∙ 1units
    AVAILABLE fmls
    • 15.34% GROSS YIELD
    • $8,581 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $115,000
    • $36,225
    • $1,470
  • 1141 NORTH SHADELAND AVENUE Indianapolis, IN
    • 4 beds 2 baths ∙ 1,732 Sqft ∙ Built 1943 ∙ 1units 4 beds 2 baths ∙ 1,732 Sqft ∙ Built 1943 ∙ 1units
    AVAILABLE
    • 13.78% GROSS YIELD
    • $6,875 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $94,900
    • $30,898
    • $1,090
  • 2753 WHITEWATER COURT Austell, GA
    • 3 beds 2 baths ∙ 1,413 Sqft ∙ Built 1973 ∙ 1units 3 beds 2 baths ∙ 1,413 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 13.53% GROSS YIELD
    • $7,498 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,240

407 Elm St PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $61.36
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,193 sqft
  • Baths : 2 Full 1 Half

407 Elm St SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

TABOR

  • 1,510

    POPULATION
  • 577

    HOUSEHOLDS
  • 56.1%

    WHITE COLLAR

Neighborhood : TABOR

HOUSEHOLDS
577
POPULATION

1,510

28.2%Renters
71.8%Home Owners
LABOR FORCE

 

56.1%White Collar
43.9%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 $1,117 per month.

MY RENT : $1,117 MEDIAN RENT : $857

Rent % Distribution LEVEL
$500-699 15.0%
$700-899 38.6%
$900-999 15.0%
$1,000-1,499 31.1%
>=$1,500 0.2%
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 $1,117 would therefore be considered affordable for annual household incomes greater than $44,680 (12 months x 3.333 x $1,117).

Rent % Affordability
Above $500 85.7%
Above $700 81.0%
Above $1,100 68.7%
Above $1,500 52.8%
Above $1,900 39.7%
HOUSEHOLD INCOME RANGE

Approximately 337 of households in this neighborhood have a total annual income of $44,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,117 per month.

MINIMUM INCOME RANGE : $44,680

Income % Distribution
<$20K 14.3%
$20K-$35K 9.9%
$35K-$60K 23.0%
$60K-$100K 30.0%
>=$100K 22.8%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.3%
5-9 mins 12.1%
10-14 mins 8.3%
15-19 mins 8.5%
20-29 mins 18.2%
30-44 mins 22.1%
45-59 mins 10.7%
>60 mins 9.8%
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 $1,117 per month.

MY RENT : $1,117 MEDIAN RENT : $857

Rent % Distribution
$500-699 15.0%
$700-899 38.6%
$900-999 15.0%
$1,000-1,499 31.1%
>=$1,500 0.2%
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 $1,117 would therefore be considered affordable for annual household incomes greater than $44,680 (12 months x 3.333 x $1,117).

Rent % Affordability
Above $500 85.7%
Above $700 81.0%
Above $1,100 68.7%
Above $1,500 52.8%
Above $1,900 39.7%
HOUSEHOLD INCOME RANGE

Approximately 337 of households in this neighborhood have a total annual income of $44,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,117 per month.

MINIMUM INCOME RANGE : $44,680

Income % Distribution
<$20K 14.3%
$20K-$35K 9.9%
$35K-$60K 23.0%
$60K-$100K 30.0%
>=$100K 22.8%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.3%
5-9 mins 12.1%
10-14 mins 8.3%
15-19 mins 8.5%
20-29 mins 18.2%
30-44 mins 22.1%
45-59 mins 10.7%
>60 mins 9.8%

TABOR Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.4%
Educational Services 12.2%
Health Care & Social Assistance 21.9%
Manufacturing 7.6%
Retail & Wholesale Trader 8.9%
Transportation 8.3%
Other 32.8%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 33% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 21.3%
15-19 5.0%
20-24 6.4%
25-44 21.3%
45-65 25.2%
66+ 20.7%
OCCUPATION

Occupation % Distribution
Healthcare 11.0%
Management, Business, & Financial 23.9%
Natural Resources Maintenance 11.8%
PCare 9.0%
Production & Transportation 14.5%
Sales & Office 11.7%
Other 18.2%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.6%
High School 33.4%
Masters Degree 5.3%
Some College 22.1%
Some High School 7.5%
Other 20.1%

407 Elm St Comps

Sorry, we do not have sufficient data available.

407 Elm St, Tabor, IA 51653 is a single family home of 2,193 sqft. HomeUnion INVESTimateĀ® for 407 Elm St includes a Price Estimate of $134,571 and a Rent Estimate of $1,117. This single family home has 0 bedrooms,3 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 9.96% and Total Return of 19.78%. The estimated 1 year forecast in home value for 407 Elm St is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , FREMONT County , or the 51653 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 51534
  2. 51601
  3. 51551