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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

510 Main St Oxford Junction, IA 52323

2 Beds 1 Baths 960 sqft Built 1957
Last updated:  Jan 23, 2020

INVESTimate

$63,816

$53.4K - $74.2K

Price Est.

$589

515 - 663

Rent Est.

$65,462  ( +2.58%)   1 YR EST. FORECAST
  
  
  

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510 Main St PROPERTY INFO

FACTS
  • Built In 1957
  • Price/Sqft : $66.48
CONSTRUCTION
  • Beds : 2
  • Floor Size : 960 sqft
  • Baths : 1 Full

510 Main St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MIDLAND ELEMENTARY SCHOOL Primary Regular 237 19 NA
MIDLAND MIDDLE-HIGH SCHOOL Middle Regular 223 19 2
MIDLAND MIDDLE-HIGH SCHOOL High Regular 223 19 2

MIDLAND ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 237
  • # of teachers: 19
0
GreatSchools Rating

MIDLAND MIDDLE-HIGH SCHOOL

  • Education Level: Middle
  • # of students: 223
  • # of teachers: 19
2
GreatSchools Rating

MIDLAND MIDDLE-HIGH SCHOOL

  • Education Level: High
  • # of students: 223
  • # of teachers: 19
2
GreatSchools Rating
 

Financial Details

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Neighborhood

OXFORD JUNCTION

  • 822

    POPULATION
  • 378

    HOUSEHOLDS
  • 40.2%

    WHITE COLLAR

Neighborhood : OXFORD JUNCTION

HOUSEHOLDS
378
POPULATION

822

24.7%Renters
75.3%Home Owners
LABOR FORCE

 

40.2%White Collar
59.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $589 per month.

MY RENT : $589 MEDIAN RENT : $598

Rent % Distribution LEVEL
$500-699 91.1%
$700-899 6.7%
$900-999 0.7%
$1,000-1,499 1.5%
>=$1,500 0.0%
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 $589 would therefore be considered affordable for annual household incomes greater than $23,560 (12 months x 3.333 x $589).

Rent % Affordability
Above $500 82.0%
Above $700 73.4%
Above $1,100 58.3%
Above $1,500 45.3%
Above $1,900 27.4%
HOUSEHOLD INCOME RANGE

Approximately 772 of households in this neighborhood have a total annual income of $23,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $589 per month.

MINIMUM INCOME RANGE : $23,560

Income % Distribution
<$20K 18.0%
$20K-$35K 15.0%
$35K-$60K 21.7%
$60K-$100K 29.8%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

37% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.7%
5-9 mins 9.6%
10-14 mins 3.4%
15-19 mins 4.9%
20-29 mins 15.4%
30-44 mins 17.0%
45-59 mins 12.3%
>60 mins 20.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $589 per month.

MY RENT : $589 MEDIAN RENT : $598

Rent % Distribution
$500-699 91.1%
$700-899 6.7%
$900-999 0.7%
$1,000-1,499 1.5%
>=$1,500 0.0%
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 $589 would therefore be considered affordable for annual household incomes greater than $23,560 (12 months x 3.333 x $589).

Rent % Affordability
Above $500 82.0%
Above $700 73.4%
Above $1,100 58.3%
Above $1,500 45.3%
Above $1,900 27.4%
HOUSEHOLD INCOME RANGE

Approximately 772 of households in this neighborhood have a total annual income of $23,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $589 per month.

MINIMUM INCOME RANGE : $23,560

Income % Distribution
<$20K 18.0%
$20K-$35K 15.0%
$35K-$60K 21.7%
$60K-$100K 29.8%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

37% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.7%
5-9 mins 9.6%
10-14 mins 3.4%
15-19 mins 4.9%
20-29 mins 15.4%
30-44 mins 17.0%
45-59 mins 12.3%
>60 mins 20.7%

OXFORD JUNCTION Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 10.8%
Construction 12.7%
Health Care & Social Assistance 15.6%
Manufacturing 15.3%
Retail & Wholesale Trader 15.6%
Transportation 8.8%
Other 21.2%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 29% is 24 or younger and 24% is 65 or older.

Age % Distribution
<15 18.4%
15-19 4.1%
20-24 6.2%
25-44 20.3%
45-65 26.8%
66+ 24.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 3.8%
Healthcare 12.2%
Management, Business, & Financial 14.9%
Natural Resources Maintenance 21.8%
Production & Transportation 24.8%
Sales & Office 15.3%
Other 7.3%
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 16.0%
High School 51.4%
Masters Degree 0.9%
Some College 18.1%
Some High School 7.0%
Other 6.7%

510 Main St Comps

Sorry, we do not have sufficient data available.

510 Main St, Oxford Junction, IA 52323 is a single family home of 960 sqft. HomeUnion INVESTimateĀ® for 510 Main St includes a Price Estimate of $63,816 and a Rent Estimate of $589. This single family home has 2 bedrooms,1 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 11.08% and Total Return of 17.39%. The estimated 1 year forecast in home value for 510 Main St is 2.58%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , JONES County , or the 52323 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 52237
  2. 52320
  3. 52218
  4. 52205
  5. 52312
  6. 52321
  7. 52216
  8. 52362