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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

515 Leonard St Sac City, IA 50583

0 Beds 1 Baths 1,754 sqft Built 1913
Last updated:  Dec 26, 2019

INVESTimate

$41,611

$39.4K - $43.9K

Price Est.

$786

687 - 885

Rent Est.

$41,898  ( +0.69%)   1 YR EST. FORECAST
  
  
  

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515 Leonard St PROPERTY INFO

FACTS
  • Built In 1913
  • Price/Sqft : $23.72
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,754 sqft
  • Baths : 1 Full

515 Leonard St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EAST SAC COUNTY HIGH SCHOOL High Regular 296 28 3

EAST SAC COUNTY HIGH SCHOOL

  • Education Level: High
  • # of students: 296
  • # of teachers: 28
3
GreatSchools Rating
 

Financial Details

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Neighborhood

SAC CITY

  • 2,762

    POPULATION
  • 1,250

    HOUSEHOLDS
  • 53.4%

    WHITE COLLAR

Neighborhood : SAC CITY

HOUSEHOLDS
1,250
POPULATION

2,762

25.6%Renters
74.4%Home Owners
LABOR FORCE

 

53.4%White Collar
46.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $786 per month.

MY RENT : $786 MEDIAN RENT : $799

Rent % Distribution LEVEL
$400-699 32.1%
$700-899 31.6%
$900-999 12.6%
$1,000-1,499 23.5%
>=$1,500 0.2%
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 $786 would therefore be considered affordable for annual household incomes greater than $31,440 (12 months x 3.333 x $786).

Rent % Affordability
Above $500 85.2%
Above $700 78.4%
Above $1,100 60.9%
Above $1,500 41.4%
Above $1,900 29.7%
HOUSEHOLD INCOME RANGE

Approximately 2,626 of households in this neighborhood have a total annual income of $31,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $786 per month.

MINIMUM INCOME RANGE : $31,440

Income % Distribution
<$20K 14.8%
$20K-$35K 15.5%
$35K-$60K 28.3%
$60K-$100K 22.5%
>=$100K 18.9%
COMMUTE TIME DISTRIBUTION

33% of the working population has a commute time of 15 to 44 minutes, 61% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.4%
5-9 mins 32.8%
10-14 mins 12.3%
15-19 mins 11.4%
20-29 mins 11.5%
30-44 mins 10.3%
45-59 mins 1.9%
>60 mins 3.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $786 per month.

MY RENT : $786 MEDIAN RENT : $799

Rent % Distribution
$400-699 32.1%
$700-899 31.6%
$900-999 12.6%
$1,000-1,499 23.5%
>=$1,500 0.2%
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 $786 would therefore be considered affordable for annual household incomes greater than $31,440 (12 months x 3.333 x $786).

Rent % Affordability
Above $500 85.2%
Above $700 78.4%
Above $1,100 60.9%
Above $1,500 41.4%
Above $1,900 29.7%
HOUSEHOLD INCOME RANGE

Approximately 2,626 of households in this neighborhood have a total annual income of $31,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $786 per month.

MINIMUM INCOME RANGE : $31,440

Income % Distribution
<$20K 14.8%
$20K-$35K 15.5%
$35K-$60K 28.3%
$60K-$100K 22.5%
>=$100K 18.9%
COMMUTE TIME DISTRIBUTION

33% of the working population has a commute time of 15 to 44 minutes, 61% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 16.4%
5-9 mins 32.8%
10-14 mins 12.3%
15-19 mins 11.4%
20-29 mins 11.5%
30-44 mins 10.3%
45-59 mins 1.9%
>60 mins 3.4%

SAC CITY Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.2%
Construction 7.6%
Educational Services 6.9%
Health Care & Social Assistance 19.7%
Manufacturing 12.8%
Retail & Wholesale Trader 14.8%
Other 30.0%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 28% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 15.9%
15-19 6.9%
20-24 5.5%
25-44 19.0%
45-65 29.9%
66+ 22.8%
OCCUPATION

Occupation % Distribution
Construction 4.3%
Healthcare 9.4%
Management, Business, & Financial 14.6%
Natural Resources Maintenance 14.7%
Production & Transportation 21.8%
Sales & Office 16.9%
Other 18.2%
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 12.4%
High School 35.6%
Masters Degree 4.5%
Some College 24.8%
Some High School 7.2%
Other 15.6%

515 Leonard St Comps

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515 Leonard St, Sac City, IA 50583 is a single family home of 1,754 sqft. HomeUnion INVESTimateĀ® for 515 Leonard St includes a Price Estimate of $41,611 and a Rent Estimate of $786. This single family home has 0 bedrooms,1 bathrooms, and was built in 1913. This property has an estimated 15 year annualized Yield of 22.67% and Total Return of 20.96%. The estimated 1 year forecast in home value for 515 Leonard St is 0.69%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , SAC County , or the 50583 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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