INVESTimate
$56,645
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4503 Kelly St PROPERTY INFO
FACTS
- Built In 1960
- Price/Sqft : $47.32
CONSTRUCTION
- Beds : 0
- Floor Size : 3,600 sqft
- Baths : 1 Full
4503 Kelly St SCHOOLS
Financial Details
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VERNON
Neighborhood : VERNON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 7% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,431 per month.
MY RENT : $1,431 MEDIAN RENT : $955
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 $1,431 would therefore be considered affordable for annual household incomes greater than $57,240 (12 months x 3.333 x $1,431).
HOUSEHOLD INCOME RANGE
Approximately 1,850 of households in this neighborhood have a total annual income of $57,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,431 per month.
MINIMUM INCOME RANGE : $57,240
COMMUTE TIME DISTRIBUTION
18% of the working population has a commute time of 15 to 44 minutes, 78% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.
VERNON Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 6.9% |
| Arts & Entertainment | 8.4% |
| Educational Services | 6.1% |
| Health Care & Social Assistance | 23.1% |
| Manufacturing | 13.8% |
| Retail & Wholesale Trader | 11.5% |
| Other | 30.3% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.9% |
| 15-19 | 7.7% |
| 20-24 | 5.8% |
| 25-44 | 25.0% |
| 45-65 | 25.8% |
| 66+ | 16.7% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 5.6% |
| Healthcare | 12.7% |
| Management, Business, & Financial | 16.4% |
| Natural Resources Maintenance | 12.5% |
| Production & Transportation | 15.4% |
| Sales & Office | 20.9% |
| Other | 16.6% |
HIGHEST EDUCATION LEVEL
12% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 8.6% |
| High School | 30.4% |
| Masters Degree | 3.0% |
| Some College | 25.1% |
| Some High School | 21.3% |
| Other | 11.6% |
4503 Kelly St Comps
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4503 Kelly St, Vernon, TX 76384 is a single family home of 3,600 sqft. HomeUnion INVESTimateĀ® for 4503 Kelly St includes a Price Estimate of $170,357 and a Rent Estimate of $1,431. This single family home has 0 bedrooms,1 bathrooms, and was built in 1960. This property has an estimated 15 year annualized Yield of 10.08% and Total Return of 12.06%. The estimated 1 year forecast in home value for 4503 Kelly St is 0%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , WILBARGER County , or the 76384 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
