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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

420 South St Martelle, IA 52305

2 Beds 1 Baths 832 sqft Built 1946
Last updated:  Dec 26, 2019

INVESTimate

$94,577

$79.2K - $110K

Price Est.

$732

640 - 824

Rent Est.

$96,847  ( +2.4%)   1 YR EST. FORECAST
  
  
  

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420 South St PROPERTY INFO

FACTS
  • Built In 1946
  • Price/Sqft : $113.67
CONSTRUCTION
  • Beds : 2
  • Floor Size : 832 sqft
  • Baths : 1 Full

420 South St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
STRAWBERRY HILL Primary Regular 579 40 4
ANAMOSA MIDDLE SCHOOL Middle Regular 270 23 5
ANAMOSA HIGH SCHOOL High Regular 422 34 2

STRAWBERRY HILL

  • Education Level: Primary
  • # of students: 579
  • # of teachers: 40
4
GreatSchools Rating

ANAMOSA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 270
  • # of teachers: 23
5
GreatSchools Rating

ANAMOSA HIGH SCHOOL

  • Education Level: High
  • # of students: 422
  • # of teachers: 34
2
GreatSchools Rating
 

Financial Details

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Neighborhood

MARTELLE

  • 731

    POPULATION
  • 293

    HOUSEHOLDS
  • 62.1%

    WHITE COLLAR

Neighborhood : MARTELLE

HOUSEHOLDS
293
POPULATION

731

18.0%Renters
82.0%Home Owners
LABOR FORCE

 

62.1%White Collar
37.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $732 per month.

MY RENT : $732 MEDIAN RENT : $760

Rent % Distribution LEVEL
$500-699 29.2%
$700-899 65.2%
$900-999 0.4%
$1,000-1,499 4.3%
>=$1,500 0.9%
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 $732 would therefore be considered affordable for annual household incomes greater than $29,280 (12 months x 3.333 x $732).

Rent % Affordability
Above $500 92.2%
Above $700 83.1%
Above $1,100 56.1%
Above $1,500 45.7%
Above $1,900 40.1%
HOUSEHOLD INCOME RANGE

Approximately 809 of households in this neighborhood have a total annual income of $29,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $732 per month.

MINIMUM INCOME RANGE : $29,280

Income % Distribution
<$20K 7.8%
$20K-$35K 22.5%
$35K-$60K 23.9%
$60K-$100K 25.3%
>=$100K 20.5%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.1%
5-9 mins 16.2%
10-14 mins 14.5%
15-19 mins 8.8%
20-29 mins 8.8%
30-44 mins 29.9%
45-59 mins 9.1%
>60 mins 9.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $732 per month.

MY RENT : $732 MEDIAN RENT : $760

Rent % Distribution
$500-699 29.2%
$700-899 65.2%
$900-999 0.4%
$1,000-1,499 4.3%
>=$1,500 0.9%
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 $732 would therefore be considered affordable for annual household incomes greater than $29,280 (12 months x 3.333 x $732).

Rent % Affordability
Above $500 92.2%
Above $700 83.1%
Above $1,100 56.1%
Above $1,500 45.7%
Above $1,900 40.1%
HOUSEHOLD INCOME RANGE

Approximately 809 of households in this neighborhood have a total annual income of $29,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $732 per month.

MINIMUM INCOME RANGE : $29,280

Income % Distribution
<$20K 7.8%
$20K-$35K 22.5%
$35K-$60K 23.9%
$60K-$100K 25.3%
>=$100K 20.5%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.1%
5-9 mins 16.2%
10-14 mins 14.5%
15-19 mins 8.8%
20-29 mins 8.8%
30-44 mins 29.9%
45-59 mins 9.1%
>60 mins 9.4%

MARTELLE Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 14.5%
Educational Services 9.9%
Health Care & Social Assistance 10.7%
Manufacturing 21.7%
Real Estate 8.1%
Retail & Wholesale Trader 13.3%
Other 21.7%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 35% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 27.6%
15-19 4.7%
20-24 3.0%
25-44 23.8%
45-65 26.8%
66+ 14.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.1%
Construction 10.8%
Management, Business, & Financial 24.9%
Natural Resources Maintenance 14.1%
Production & Transportation 23.8%
Sales & Office 12.3%
Other 7.9%
HIGHEST EDUCATION LEVEL

23% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.5%
High School 37.8%
Masters Degree 14.2%
Some College 25.7%
Some High School 2.7%
Other 12.1%

420 South St Comps

Sorry, we do not have sufficient data available.

420 South St, Martelle, IA 52305 is a single family home of 832 sqft. HomeUnion INVESTimateĀ® for 420 South St includes a Price Estimate of $94,577 and a Rent Estimate of $732. This single family home has 2 bedrooms,1 bathrooms, and was built in 1946. This property has an estimated 15 year annualized Yield of 9.29% and Total Return of 16.85%. The estimated 1 year forecast in home value for 420 South St is 2.4%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , JONES County , or the 52305 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 52336