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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

511 N Missouri Ave Marshall, OK 73056

2 Beds 1 Baths 840 sqft Built 2016
Last updated:  Jan 23, 2020

INVESTimate

$145,928

$124K - $168K

Price Est.

$769

723 - 815

Rent Est.

$148,832  ( +1.99%)   1 YR EST. FORECAST
  
  
  

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511 N Missouri Ave PROPERTY INFO

FACTS
  • Built In 2016
  • Price/Sqft : $173.72
CONSTRUCTION
  • Beds : 2
  • Floor Size : 840 sqft
  • Baths : 1 Full

511 N Missouri Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DRUMMOND ELEMENTARY SCHOOL Primary Regular 243 13 6
DRUMMOND ELEMENTARY SCHOOL Middle Regular 243 13 6
DRUMMOND HIGH SCHOOL High Regular 89 8 8

DRUMMOND ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 243
  • # of teachers: 13
6
GreatSchools Rating

DRUMMOND ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 243
  • # of teachers: 13
6
GreatSchools Rating

DRUMMOND HIGH SCHOOL

  • Education Level: High
  • # of students: 89
  • # of teachers: 8
8
GreatSchools Rating
 

Financial Details

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Neighborhood

MARSHALL

  • 440

    POPULATION
  • 193

    HOUSEHOLDS
  • 73.2%

    WHITE COLLAR

Neighborhood : MARSHALL

HOUSEHOLDS
193
POPULATION

440

11.7%Renters
88.3%Home Owners
LABOR FORCE

 

73.2%White Collar
26.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $769 per month.

MY RENT : $769 MEDIAN RENT : $828

Rent % Distribution LEVEL
$500-699 7.8%
$700-899 52.2%
$900-999 15.6%
$1,000-1,499 24.4%
>=$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 $769 would therefore be considered affordable for annual household incomes greater than $30,760 (12 months x 3.333 x $769).

Rent % Affordability
Above $500 88.6%
Above $700 84.1%
Above $1,100 68.2%
Above $1,500 50.3%
Above $1,900 34.3%
HOUSEHOLD INCOME RANGE

Approximately 333 of households in this neighborhood have a total annual income of $30,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $769 per month.

MINIMUM INCOME RANGE : $30,760

Income % Distribution
<$20K 11.4%
$20K-$35K 10.4%
$35K-$60K 28.0%
$60K-$100K 25.9%
>=$100K 24.4%
COMMUTE TIME DISTRIBUTION

43% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 7.8%
10-14 mins 13.4%
15-19 mins 6.7%
20-29 mins 17.9%
30-44 mins 18.4%
45-59 mins 15.1%
>60 mins 19.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $769 per month.

MY RENT : $769 MEDIAN RENT : $828

Rent % Distribution
$500-699 7.8%
$700-899 52.2%
$900-999 15.6%
$1,000-1,499 24.4%
>=$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 $769 would therefore be considered affordable for annual household incomes greater than $30,760 (12 months x 3.333 x $769).

Rent % Affordability
Above $500 88.6%
Above $700 84.1%
Above $1,100 68.2%
Above $1,500 50.3%
Above $1,900 34.3%
HOUSEHOLD INCOME RANGE

Approximately 333 of households in this neighborhood have a total annual income of $30,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $769 per month.

MINIMUM INCOME RANGE : $30,760

Income % Distribution
<$20K 11.4%
$20K-$35K 10.4%
$35K-$60K 28.0%
$60K-$100K 25.9%
>=$100K 24.4%
COMMUTE TIME DISTRIBUTION

43% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 7.8%
10-14 mins 13.4%
15-19 mins 6.7%
20-29 mins 17.9%
30-44 mins 18.4%
45-59 mins 15.1%
>60 mins 19.0%

MARSHALL Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 20.3%
Construction 4.3%
Educational Services 26.2%
Health Care & Social Assistance 11.2%
Retail & Wholesale Trader 16.0%
Transportation 7.5%
Other 14.4%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 29% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 17.7%
15-19 8.4%
20-24 2.5%
25-44 22.3%
45-65 34.3%
66+ 14.8%
OCCUPATION

Occupation % Distribution
Adesm 13.3%
Healthcare 10.7%
Management, Business, & Financial 22.0%
Natural Resources Maintenance 12.7%
Production & Transportation 12.7%
Sales & Office 18.7%
Other 10.0%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.8%
High School 37.5%
Masters Degree 5.7%
Some College 10.4%
Some High School 13.1%
Other 20.5%

511 N Missouri Ave Comps

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511 N Missouri Ave, Marshall, OK 73056 is a single family home of 840 sqft. HomeUnion INVESTimateĀ® for 511 N Missouri Ave includes a Price Estimate of $145,928 and a Rent Estimate of $769. This single family home has 2 bedrooms,1 bathrooms, and was built in 2016. This property has an estimated 15 year annualized Yield of 6.32% and Total Return of 14.98%. The estimated 1 year forecast in home value for 511 N Missouri Ave is 1.99%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , GARFIELD County , or the 73056 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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