INVESTimate
$49,179
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4310 Union St PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $74.48
CONSTRUCTION
- Beds : 3
- Floor Size : 1,909 sqft
- Baths : 2 Full 1 Half
4310 Union St SCHOOLS
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Financial Details
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ELK HORN
Neighborhood : ELK HORN
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 43% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,191 per month.
MY RENT : $1,191 MEDIAN RENT : $1,105
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 $1,191 would therefore be considered affordable for annual household incomes greater than $47,640 (12 months x 3.333 x $1,191).
HOUSEHOLD INCOME RANGE
Approximately 172 of households in this neighborhood have a total annual income of $47,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,191 per month.
MINIMUM INCOME RANGE : $47,640
COMMUTE TIME DISTRIBUTION
44% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.
ELK HORN Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 12.6% |
| Educational Services | 7.8% |
| Financial Industries | 11.8% |
| Health Care & Social Assistance | 9.2% |
| Professional & Scientific Tech Services | 9.2% |
| Retail & Wholesale Trader | 13.7% |
| Other | 35.6% |
AGE DISTRIBUTION
48% of the population is between the ages of 25 and 64, 21% is 24 or younger and 31% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 12.7% |
| 15-19 | 5.7% |
| 20-24 | 2.6% |
| 25-44 | 13.1% |
| 45-65 | 34.5% |
| 66+ | 31.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 7.8% |
| Healthcare | 6.2% |
| Management, Business, & Financial | 20.2% |
| Natural Resources Maintenance | 9.3% |
| Production & Transportation | 15.1% |
| Sales & Office | 27.9% |
| Other | 13.6% |
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 | 13.1% |
| High School | 36.5% |
| Masters Degree | 5.9% |
| Some College | 22.0% |
| Some High School | 8.3% |
| Other | 14.2% |
4310 Union St Comps
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4310 Union St, Elk Horn, IA 51531 is a single family home of 1,909 sqft. HomeUnion INVESTimateĀ® for 4310 Union St includes a Price Estimate of $142,184 and a Rent Estimate of $1,191. This single family home has 3 bedrooms,3 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 10.05% and Total Return of 17.72%. The estimated 1 year forecast in home value for 4310 Union St is 1.13%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , SHELBY County , or the 51531 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
