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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

413 Highway 164 Lucien, OK 73757

3 Beds 2 Baths 1,946 sqft Built 1943
Last updated:  Jan 23, 2020

INVESTimate

$78,411

$72.7K - $84.1K

Price Est.

$1,111

973 - $1.2K

Rent Est.

$80,214  ( +2.3%)   1 YR EST. FORECAST
  
  
  

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413 Highway 164 PROPERTY INFO

FACTS
  • Built In 1943
  • Price/Sqft : $40.29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,946 sqft
  • Baths : 2 Full

413 Highway 164 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
COVINGTON-DOUGLAS ELEMENTARY SCHOOL Primary Regular 201 13 4
COVINGTON-DOUGLAS ELEMENTARY SCHOOL Middle Regular 201 13 4
COVINGTON-DOUGLAS HIGH SCHOOL High Regular 81 8 5

COVINGTON-DOUGLAS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 201
  • # of teachers: 13
4
GreatSchools Rating

COVINGTON-DOUGLAS ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 201
  • # of teachers: 13
4
GreatSchools Rating

COVINGTON-DOUGLAS HIGH SCHOOL

  • Education Level: High
  • # of students: 81
  • # of teachers: 8
5
GreatSchools Rating
 

Financial Details

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Neighborhood

LUCIEN

  • 131

    POPULATION
  • 59

    HOUSEHOLDS
  • 65.0%

    WHITE COLLAR

Neighborhood : LUCIEN

HOUSEHOLDS
59
POPULATION

131

12.7%Renters
87.3%Home Owners
LABOR FORCE

 

65.0%White Collar
35.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 21% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,111 per month.

MY RENT : $1,111 MEDIAN RENT : $901

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 47.6%
$900-999 26.2%
$1,000-1,499 23.8%
>=$1,500 2.4%
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 $1,111 would therefore be considered affordable for annual household incomes greater than $44,440 (12 months x 3.333 x $1,111).

Rent % Affordability
Above $500 93.1%
Above $700 85.2%
Above $1,100 61.7%
Above $1,500 51.7%
Above $1,900 39.1%
HOUSEHOLD INCOME RANGE

Approximately 34 of households in this neighborhood have a total annual income of $44,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,111 per month.

MINIMUM INCOME RANGE : $44,440

Income % Distribution
<$20K 6.9%
$20K-$35K 15.5%
$35K-$60K 25.9%
$60K-$100K 25.9%
>=$100K 25.9%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 37% 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 7.8%
5-9 mins 11.8%
10-14 mins 17.6%
15-19 mins 15.7%
20-29 mins 19.6%
30-44 mins 23.5%
45-59 mins 2.0%
>60 mins 2.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 21% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,111 per month.

MY RENT : $1,111 MEDIAN RENT : $901

Rent % Distribution
$500-699 0.0%
$700-899 47.6%
$900-999 26.2%
$1,000-1,499 23.8%
>=$1,500 2.4%
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 $1,111 would therefore be considered affordable for annual household incomes greater than $44,440 (12 months x 3.333 x $1,111).

Rent % Affordability
Above $500 93.1%
Above $700 85.2%
Above $1,100 61.7%
Above $1,500 51.7%
Above $1,900 39.1%
HOUSEHOLD INCOME RANGE

Approximately 34 of households in this neighborhood have a total annual income of $44,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,111 per month.

MINIMUM INCOME RANGE : $44,440

Income % Distribution
<$20K 6.9%
$20K-$35K 15.5%
$35K-$60K 25.9%
$60K-$100K 25.9%
>=$100K 25.9%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 37% 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 7.8%
5-9 mins 11.8%
10-14 mins 17.6%
15-19 mins 15.7%
20-29 mins 19.6%
30-44 mins 23.5%
45-59 mins 2.0%
>60 mins 2.0%

LUCIEN Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 23.2%
Construction 8.9%
Financial Industries 7.1%
Health Care & Social Assistance 8.9%
Manufacturing 17.9%
Retail & Wholesale Trader 8.9%
Other 25.0%
AGE DISTRIBUTION

44% of the population is between the ages of 25 and 64, 30% is 24 or younger and 27% is 65 or older.

Age % Distribution
<15 18.3%
15-19 6.1%
20-24 5.3%
25-44 12.2%
45-65 31.3%
66+ 26.7%
OCCUPATION

Occupation % Distribution
Healthcare 6.7%
Management, Business, & Financial 28.9%
Natural Resources Maintenance 11.1%
Production & Transportation 20.0%
Sales & Office 20.0%
Social 4.4%
Other 8.9%
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 8.5%
High School 38.3%
Masters Degree 10.6%
Some College 19.1%
Some High School 6.4%
Other 17.0%

413 Highway 164 Comps

Sorry, we do not have sufficient data available.

413 Highway 164, Lucien, OK 73757 is a single family home of 1,946 sqft. HomeUnion INVESTimateĀ® for 413 Highway 164 includes a Price Estimate of $78,411 and a Rent Estimate of $1,111. This single family home has 3 bedrooms,2 bathrooms, and was built in 1943. This property has an estimated 15 year annualized Yield of 17.00% and Total Return of 29.87%. The estimated 1 year forecast in home value for 413 Highway 164 is 2.3%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , NOBLE County , or the 73757 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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