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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

502 S Lubeck St Holstein, IA 51025

0 Beds 3 Baths 1,232 sqft Built 1963
Last updated:  Jan 23, 2020

INVESTimate

$68,262

$63.5K - $73.0K

Price Est.

$886

775 - 997

Rent Est.

$72,986  ( +6.92%)   1 YR EST. FORECAST
  
  
  

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502 S Lubeck St PROPERTY INFO

FACTS
  • Built In 1963
  • Price/Sqft : $55.41
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,232 sqft
  • Baths : 1 Full 2 Half

502 S Lubeck St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GALVA-HOLSTEIN LOWER ELEMENTARY SCHOOL Primary Regular 132 9 10
RIDGEVIEW MIDDLE SCHOOL Middle Unknown NA
GALVA-HOLSTEIN HIGH SCHOOL High Regular 245 17 9

GALVA-HOLSTEIN LOWER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 132
  • # of teachers: 9
10
GreatSchools Rating

RIDGEVIEW MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

GALVA-HOLSTEIN HIGH SCHOOL

  • Education Level: High
  • # of students: 245
  • # of teachers: 17
9
GreatSchools Rating
 

Financial Details

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Neighborhood

HOLSTEIN

  • 2,033

    POPULATION
  • 853

    HOUSEHOLDS
  • 54.7%

    WHITE COLLAR

Neighborhood : HOLSTEIN

HOUSEHOLDS
853
POPULATION

2,033

19.4%Renters
80.6%Home Owners
LABOR FORCE

 

54.7%White Collar
45.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $886 per month.

MY RENT : $886 MEDIAN RENT : $858

Rent % Distribution LEVEL
$500-699 21.9%
$700-899 33.4%
$900-999 13.0%
$1,000-1,499 27.3%
>=$1,500 4.3%
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 $886 would therefore be considered affordable for annual household incomes greater than $35,440 (12 months x 3.333 x $886).

Rent % Affordability
Above $500 83.7%
Above $700 76.9%
Above $1,100 61.5%
Above $1,500 42.7%
Above $1,900 33.0%
HOUSEHOLD INCOME RANGE

Approximately 452 of households in this neighborhood have a total annual income of $35,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $886 per month.

MINIMUM INCOME RANGE : $35,440

Income % Distribution
<$20K 16.3%
$20K-$35K 15.6%
$35K-$60K 25.4%
$60K-$100K 22.9%
>=$100K 19.8%
COMMUTE TIME DISTRIBUTION

32% of the working population has a commute time of 15 to 44 minutes, 60% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 21.9%
5-9 mins 23.2%
10-14 mins 14.8%
15-19 mins 11.6%
20-29 mins 10.9%
30-44 mins 10.0%
45-59 mins 2.3%
>60 mins 5.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $886 per month.

MY RENT : $886 MEDIAN RENT : $858

Rent % Distribution
$500-699 21.9%
$700-899 33.4%
$900-999 13.0%
$1,000-1,499 27.3%
>=$1,500 4.3%
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 $886 would therefore be considered affordable for annual household incomes greater than $35,440 (12 months x 3.333 x $886).

Rent % Affordability
Above $500 83.7%
Above $700 76.9%
Above $1,100 61.5%
Above $1,500 42.7%
Above $1,900 33.0%
HOUSEHOLD INCOME RANGE

Approximately 452 of households in this neighborhood have a total annual income of $35,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $886 per month.

MINIMUM INCOME RANGE : $35,440

Income % Distribution
<$20K 16.3%
$20K-$35K 15.6%
$35K-$60K 25.4%
$60K-$100K 22.9%
>=$100K 19.8%
COMMUTE TIME DISTRIBUTION

32% of the working population has a commute time of 15 to 44 minutes, 60% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 21.9%
5-9 mins 23.2%
10-14 mins 14.8%
15-19 mins 11.6%
20-29 mins 10.9%
30-44 mins 10.0%
45-59 mins 2.3%
>60 mins 5.2%

HOLSTEIN Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.9%
Educational Services 12.1%
Financial Industries 5.0%
Health Care & Social Assistance 12.9%
Manufacturing 24.8%
Retail & Wholesale Trader 12.6%
Other 22.8%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 32% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 18.3%
15-19 8.9%
20-24 5.0%
25-44 22.1%
45-65 24.0%
66+ 21.7%
OCCUPATION

Occupation % Distribution
Clean 5.1%
Healthcare 5.1%
Management, Business, & Financial 17.9%
Natural Resources Maintenance 10.4%
Production & Transportation 22.8%
Sales & Office 21.2%
Other 17.6%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.5%
High School 32.8%
Masters Degree 4.0%
Some College 25.0%
Some High School 5.7%
Other 21.0%

502 S Lubeck St Comps

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502 S Lubeck St, Holstein, IA 51025 is a single family home of 1,232 sqft. HomeUnion INVESTimateĀ® for 502 S Lubeck St includes a Price Estimate of $68,262 and a Rent Estimate of $886. This single family home has 0 bedrooms,3 bathrooms, and was built in 1963. This property has an estimated 15 year annualized Yield of 15.58% and Total Return of 29.21%. The estimated 1 year forecast in home value for 502 S Lubeck St is 6.92%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , IDA County , or the 51025 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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