INVESTimate
$60,930
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416 9th St PROPERTY INFO
FACTS
- Built In 1953
- Price/Sqft : $79.75
CONSTRUCTION
- Beds : 4
- Floor Size : 2,339 sqft
- Baths : 2 Full
416 9th St SCHOOLS
Financial Details
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APLINGTON
Neighborhood : APLINGTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 19% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,256 per month.
MY RENT : $1,256 MEDIAN RENT : $910
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 $1,256 would therefore be considered affordable for annual household incomes greater than $50,240 (12 months x 3.333 x $1,256).
HOUSEHOLD INCOME RANGE
Approximately 364 of households in this neighborhood have a total annual income of $50,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,256 per month.
MINIMUM INCOME RANGE : $50,240
COMMUTE TIME DISTRIBUTION
50% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.
APLINGTON Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 7.7% |
| Construction | 7.3% |
| Educational Services | 8.3% |
| Health Care & Social Assistance | 17.8% |
| Manufacturing | 19.3% |
| Retail & Wholesale Trader | 14.1% |
| Other | 25.4% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 30% is 24 or younger and 19% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.0% |
| 15-19 | 5.3% |
| 20-24 | 6.3% |
| 25-44 | 18.3% |
| 45-65 | 33.0% |
| 66+ | 19.2% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 2.9% |
| Healthcare | 11.6% |
| Management, Business, & Financial | 11.9% |
| Natural Resources Maintenance | 12.9% |
| Production & Transportation | 27.8% |
| Sales & Office | 23.7% |
| Other | 9.1% |
HIGHEST EDUCATION LEVEL
19% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 15.0% |
| High School | 38.3% |
| Masters Degree | 3.4% |
| Some College | 19.8% |
| Some High School | 7.7% |
| Other | 15.9% |
416 9th St Comps
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416 9th St, Aplington, IA 50604 is a single family home of 2,339 sqft. HomeUnion INVESTimateĀ® for 416 9th St includes a Price Estimate of $186,529 and a Rent Estimate of $1,256. This single family home has 4 bedrooms,2 bathrooms, and was built in 1953. This property has an estimated 15 year annualized Yield of 8.08% and Total Return of 18.07%. The estimated 1 year forecast in home value for 416 9th St is 4.18%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , BUTLER County , or the 50604 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
