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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

523 9th St Aplington, IA 50604

4 Beds 1 Baths 1,317 sqft Built 1874
Last updated:  Dec 26, 2019

INVESTimate

$32,527

$31.5K - $33.6K

Price Est.

$803

702 - 904

Rent Est.

$33,887  ( +4.18%)   1 YR EST. FORECAST
  
  
  

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523 9th St PROPERTY INFO

FACTS
  • Built In 1874
  • Price/Sqft : $24.70
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,317 sqft
  • Baths : 1 Full

523 9th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
APLINGTON ELEMENTARY SCHOOL Primary Regular 154 8 9

APLINGTON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 154
  • # of teachers: 8
9
GreatSchools Rating
 

Financial Details

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Neighborhood

APLINGTON

  • 1,649

    POPULATION
  • 755

    HOUSEHOLDS
  • 48.1%

    WHITE COLLAR

Neighborhood : APLINGTON

HOUSEHOLDS
755
POPULATION

1,649

15.8%Renters
84.2%Home Owners
LABOR FORCE

 

48.1%White Collar
51.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $803 per month.

MY RENT : $803 MEDIAN RENT : $910

Rent % Distribution LEVEL
$500-699 17.6%
$700-899 31.1%
$900-999 14.8%
$1,000-1,499 34.2%
>=$1,500 2.3%
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 $803 would therefore be considered affordable for annual household incomes greater than $32,120 (12 months x 3.333 x $803).

Rent % Affordability
Above $500 81.9%
Above $700 77.6%
Above $1,100 62.2%
Above $1,500 43.3%
Above $1,900 31.4%
HOUSEHOLD INCOME RANGE

Approximately 1,144 of households in this neighborhood have a total annual income of $32,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $803 per month.

MINIMUM INCOME RANGE : $32,120

Income % Distribution
<$20K 18.1%
$20K-$35K 8.6%
$35K-$60K 30.0%
$60K-$100K 26.7%
>=$100K 16.5%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.2%
5-9 mins 11.7%
10-14 mins 12.4%
15-19 mins 8.9%
20-29 mins 15.7%
30-44 mins 25.6%
45-59 mins 11.2%
>60 mins 6.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $803 per month.

MY RENT : $803 MEDIAN RENT : $910

Rent % Distribution
$500-699 17.6%
$700-899 31.1%
$900-999 14.8%
$1,000-1,499 34.2%
>=$1,500 2.3%
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 $803 would therefore be considered affordable for annual household incomes greater than $32,120 (12 months x 3.333 x $803).

Rent % Affordability
Above $500 81.9%
Above $700 77.6%
Above $1,100 62.2%
Above $1,500 43.3%
Above $1,900 31.4%
HOUSEHOLD INCOME RANGE

Approximately 1,144 of households in this neighborhood have a total annual income of $32,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $803 per month.

MINIMUM INCOME RANGE : $32,120

Income % Distribution
<$20K 18.1%
$20K-$35K 8.6%
$35K-$60K 30.0%
$60K-$100K 26.7%
>=$100K 16.5%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.2%
5-9 mins 11.7%
10-14 mins 12.4%
15-19 mins 8.9%
20-29 mins 15.7%
30-44 mins 25.6%
45-59 mins 11.2%
>60 mins 6.3%

APLINGTON Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 7.7%
Construction 7.3%
Educational Services 8.3%
Health Care & Social Assistance 17.8%
Manufacturing 19.3%
Retail & Wholesale Trader 14.1%
Other 25.4%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 30% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 18.0%
15-19 5.3%
20-24 6.3%
25-44 18.3%
45-65 33.0%
66+ 19.2%
OCCUPATION

Occupation % Distribution
Construction 2.9%
Healthcare 11.6%
Management, Business, & Financial 11.9%
Natural Resources Maintenance 12.9%
Production & Transportation 27.8%
Sales & Office 23.7%
Other 9.1%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 15.0%
High School 38.3%
Masters Degree 3.4%
Some College 19.8%
Some High School 7.7%
Other 15.9%

523 9th St Comps

Sorry, we do not have sufficient data available.

523 9th St, Aplington, IA 50604 is a single family home of 1,317 sqft. HomeUnion INVESTimateĀ® for 523 9th St includes a Price Estimate of $32,527 and a Rent Estimate of $803. This single family home has 4 bedrooms,1 bathrooms, and was built in 1874. This property has an estimated 15 year annualized Yield of 29.62% and Total Return of 35.31%. The estimated 1 year forecast in home value for 523 9th St is 4.18%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , BUTLER County , or the 50604 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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