Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

559 Clear Creek Rd Roberts, MT 59070

3 Beds 2 Baths 2,240 sqft Built 1994
Last updated:  Nov 28, 2019

INVESTimate

$342,819

$281K - $405K

Price Est.

$1,600

$1.4K - $1.8K

Rent Est.

$355,366  ( +3.66%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1092 Rebel Forest DRIVE Atlanta, GA
    • 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990
    AVAILABLE
    • 14.18% GROSS YIELD
    • $10,195 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $62,150
    • $1,300
  • 12448 ROYAL LAKE DRIVE Conroe, TX
    • 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993
    AVAILABLE
    • 13.18% GROSS YIELD
    • $7,391 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $111,995
    • $35,429
    • $1,230

559 Clear Creek Rd PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $153.04
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,240 sqft
  • Baths : 2 Full

559 Clear Creek Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ROBERTS SCHOOL Primary Regular 65 6 8
ROBERTS SCHOOL Middle Regular 65 6 8
ROBERTS HIGH SCHOOL High Regular 28 5 NA

ROBERTS SCHOOL

  • Education Level: Primary
  • # of students: 65
  • # of teachers: 6
8
GreatSchools Rating

ROBERTS SCHOOL

  • Education Level: Middle
  • # of students: 65
  • # of teachers: 6
8
GreatSchools Rating

ROBERTS HIGH SCHOOL

  • Education Level: High
  • # of students: 28
  • # of teachers: 5
0
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

ROBERTS

  • 1,695

    POPULATION
  • 720

    HOUSEHOLDS
  • 68.3%

    WHITE COLLAR

Neighborhood : ROBERTS

HOUSEHOLDS
720
POPULATION

1,695

18.3%Renters
81.7%Home Owners
LABOR FORCE

 

68.3%White Collar
31.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,600 per month.

MY RENT : $1,600 MEDIAN RENT : $1,194

Rent % Distribution LEVEL
$500-699 0.4%
$700-899 13.2%
$900-999 14.8%
$1,000-1,499 43.7%
>=$1,500 27.8%
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 $1,600 would therefore be considered affordable for annual household incomes greater than $64,000 (12 months x 3.333 x $1,600).

Rent % Affordability
Above $500 90.3%
Above $700 83.5%
Above $1,100 72.2%
Above $1,500 58.5%
Above $1,900 41.5%
HOUSEHOLD INCOME RANGE

Approximately 266 of households in this neighborhood have a total annual income of $64,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,600 per month.

MINIMUM INCOME RANGE : $64,000

Income % Distribution
<$20K 9.7%
$20K-$35K 13.2%
$35K-$60K 18.6%
$60K-$100K 33.7%
>=$100K 24.8%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.1%
5-9 mins 8.5%
10-14 mins 6.6%
15-19 mins 11.6%
20-29 mins 13.8%
30-44 mins 22.1%
45-59 mins 11.0%
>60 mins 18.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,600 per month.

MY RENT : $1,600 MEDIAN RENT : $1,194

Rent % Distribution
$500-699 0.4%
$700-899 13.2%
$900-999 14.8%
$1,000-1,499 43.7%
>=$1,500 27.8%
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 $1,600 would therefore be considered affordable for annual household incomes greater than $64,000 (12 months x 3.333 x $1,600).

Rent % Affordability
Above $500 90.3%
Above $700 83.5%
Above $1,100 72.2%
Above $1,500 58.5%
Above $1,900 41.5%
HOUSEHOLD INCOME RANGE

Approximately 266 of households in this neighborhood have a total annual income of $64,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,600 per month.

MINIMUM INCOME RANGE : $64,000

Income % Distribution
<$20K 9.7%
$20K-$35K 13.2%
$35K-$60K 18.6%
$60K-$100K 33.7%
>=$100K 24.8%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.1%
5-9 mins 8.5%
10-14 mins 6.6%
15-19 mins 11.6%
20-29 mins 13.8%
30-44 mins 22.1%
45-59 mins 11.0%
>60 mins 18.3%

ROBERTS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 20.9%
Arts & Entertainment 9.4%
Educational Services 7.8%
Health Care & Social Assistance 15.8%
Retail & Wholesale Trader 10.9%
Transportation 9.0%
Other 26.0%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 25% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 17.8%
15-19 2.2%
20-24 4.7%
25-44 19.1%
45-65 33.2%
66+ 23.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.4%
Healthcare 11.0%
Management, Business, & Financial 19.7%
Natural Resources Maintenance 14.2%
Production & Transportation 9.8%
Sales & Office 19.5%
Other 16.3%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.9%
High School 28.8%
Masters Degree 6.0%
Some College 22.7%
Some High School 7.9%
Other 26.7%

559 Clear Creek Rd Comps

Sorry, we do not have sufficient data available.

559 Clear Creek Rd, Roberts, MT 59070 is a single family home of 2,240 sqft. HomeUnion INVESTimateĀ® for 559 Clear Creek Rd includes a Price Estimate of $342,819 and a Rent Estimate of $1,600. This single family home has 3 bedrooms,2 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 5.60% and Total Return of 14.56%. The estimated 1 year forecast in home value for 559 Clear Creek Rd is 3.66%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MT , CARBON County , or the 59070 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 214 Oak St
  2. 17 N Railway St
  3. 13 Shorey Rd

Nearest zipcodes within 2 miles

  1. 59007