INVESTimate
$42,018
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432 Main St PROPERTY INFO
FACTS
- Built In 1913
- Price/Sqft : $76.37
CONSTRUCTION
- Beds : 3
- Floor Size : 1,508 sqft
- Baths : 1 Full 1 Half
432 Main St SCHOOLS
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Financial Details
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BENNETT
Neighborhood : BENNETT
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $964 per month.
MY RENT : $964 MEDIAN RENT : $1,032
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 $964 would therefore be considered affordable for annual household incomes greater than $38,560 (12 months x 3.333 x $964).
HOUSEHOLD INCOME RANGE
Approximately 201 of households in this neighborhood have a total annual income of $38,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $964 per month.
MINIMUM INCOME RANGE : $38,560
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
BENNETT Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 8.1% |
| Construction | 10.8% |
| Health Care & Social Assistance | 14.4% |
| Manufacturing | 17.1% |
| Public Administration | 6.6% |
| Retail & Wholesale Trader | 18.3% |
| Other | 24.7% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 34% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 20.6% |
| 15-19 | 5.3% |
| 20-24 | 7.8% |
| 25-44 | 25.2% |
| 45-65 | 24.4% |
| 66+ | 16.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 4.8% |
| Healthcare | 6.5% |
| Management, Business, & Financial | 28.0% |
| Natural Resources Maintenance | 19.1% |
| Production & Transportation | 14.7% |
| Sales & Office | 17.1% |
| Other | 9.9% |
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 | 15.9% |
| High School | 39.6% |
| Masters Degree | 6.8% |
| Some College | 18.7% |
| Some High School | 4.8% |
| Other | 14.1% |
432 Main St Comps
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432 Main St, Bennett, IA 52721 is a single family home of 1,508 sqft. HomeUnion INVESTimateĀ® for 432 Main St includes a Price Estimate of $115,162 and a Rent Estimate of $964. This single family home has 3 bedrooms,2 bathrooms, and was built in 1913. This property has an estimated 15 year annualized Yield of 10.04% and Total Return of 19.09%. The estimated 1 year forecast in home value for 432 Main St is 3.16%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , CEDAR County , or the 52721 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
