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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

417 E Washington St New Hampton, IA 50659

2 Beds 2 Baths 1,114 sqft Built 1984
Last updated:  Jan 23, 2020

INVESTimate

$90,047

$82.6K - $97.5K

Price Est.

$743

650 - 836

Rent Est.

$89,147  ( -1%)   1 YR EST. FORECAST
  
  
  

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417 E Washington St PROPERTY INFO

FACTS
  • Built In 1984
  • Price/Sqft : $80.83
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,114 sqft
  • Baths : 2 Full

417 E Washington St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NEW HAMPTON ELEMENTARY SCHOOL Primary Regular 437 30 7
NEW HAMPTON MIDDLE SCHOOL Middle Regular 289 22 6
NEW HAMPTON HIGH SCHOOL High Regular 371 28 6

NEW HAMPTON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 437
  • # of teachers: 30
7
GreatSchools Rating

NEW HAMPTON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 289
  • # of teachers: 22
6
GreatSchools Rating

NEW HAMPTON HIGH SCHOOL

  • Education Level: High
  • # of students: 371
  • # of teachers: 28
6
GreatSchools Rating
 

Financial Details

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Neighborhood

NEW HAMPTON

  • 5,340

    POPULATION
  • 2,364

    HOUSEHOLDS
  • 54.6%

    WHITE COLLAR

Neighborhood : NEW HAMPTON

HOUSEHOLDS
2,364
POPULATION

5,340

27.6%Renters
72.4%Home Owners
LABOR FORCE

 

54.6%White Collar
45.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $743 per month.

MY RENT : $743 MEDIAN RENT : $921

Rent % Distribution LEVEL
$400-699 11.8%
$700-899 35.1%
$900-999 20.3%
$1,000-1,499 31.3%
>=$1,500 1.5%
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 $743 would therefore be considered affordable for annual household incomes greater than $29,720 (12 months x 3.333 x $743).

Rent % Affordability
Above $500 82.6%
Above $700 75.6%
Above $1,100 50.4%
Above $1,500 38.5%
Above $1,900 29.6%
HOUSEHOLD INCOME RANGE

Approximately 5,605 of households in this neighborhood have a total annual income of $29,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $743 per month.

MINIMUM INCOME RANGE : $29,720

Income % Distribution
<$20K 17.4%
$20K-$35K 18.9%
$35K-$60K 25.2%
$60K-$100K 20.9%
>=$100K 17.5%
COMMUTE TIME DISTRIBUTION

27% of the working population has a commute time of 15 to 44 minutes, 62% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 15.0%
5-9 mins 29.7%
10-14 mins 17.2%
15-19 mins 7.7%
20-29 mins 11.0%
30-44 mins 8.4%
45-59 mins 5.6%
>60 mins 5.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $743 per month.

MY RENT : $743 MEDIAN RENT : $921

Rent % Distribution
$400-699 11.8%
$700-899 35.1%
$900-999 20.3%
$1,000-1,499 31.3%
>=$1,500 1.5%
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 $743 would therefore be considered affordable for annual household incomes greater than $29,720 (12 months x 3.333 x $743).

Rent % Affordability
Above $500 82.6%
Above $700 75.6%
Above $1,100 50.4%
Above $1,500 38.5%
Above $1,900 29.6%
HOUSEHOLD INCOME RANGE

Approximately 5,605 of households in this neighborhood have a total annual income of $29,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $743 per month.

MINIMUM INCOME RANGE : $29,720

Income % Distribution
<$20K 17.4%
$20K-$35K 18.9%
$35K-$60K 25.2%
$60K-$100K 20.9%
>=$100K 17.5%
COMMUTE TIME DISTRIBUTION

27% of the working population has a commute time of 15 to 44 minutes, 62% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 15.0%
5-9 mins 29.7%
10-14 mins 17.2%
15-19 mins 7.7%
20-29 mins 11.0%
30-44 mins 8.4%
45-59 mins 5.6%
>60 mins 5.4%

NEW HAMPTON Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 7.2%
Arts & Entertainment 7.6%
Health Care & Social Assistance 13.5%
Manufacturing 26.4%
Public Administration 7.5%
Retail & Wholesale Trader 11.9%
Other 25.9%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 31% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 19.5%
15-19 5.5%
20-24 6.0%
25-44 19.7%
45-65 28.6%
66+ 20.7%
OCCUPATION

Occupation % Distribution
Construction 5.1%
Healthcare 6.1%
Management, Business, & Financial 18.7%
Natural Resources Maintenance 9.6%
Production & Transportation 26.9%
Sales & Office 18.6%
Other 15.0%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 14.5%
High School 40.7%
Masters Degree 2.7%
Some College 16.7%
Some High School 11.3%
Other 14.1%

417 E Washington St Comps

Sorry, we do not have sufficient data available.

417 E Washington St, New Hampton, IA 50659 is a single family home of 1,114 sqft. HomeUnion INVESTimateĀ® for 417 E Washington St includes a Price Estimate of $90,047 and a Rent Estimate of $743. This single family home has 2 bedrooms,2 bathrooms, and was built in 1984. This property has an estimated 15 year annualized Yield of 9.90% and Total Return of 11.96%. The estimated 1 year forecast in home value for 417 E Washington St is -1%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , CHICKASAW County , or the 50659 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 50674
  2. 50616