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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

604 3rd Ave Vail, IA 51465

3 Beds 2 Baths 1,852 sqft Built 1980
Last updated:  Jan 23, 2020

INVESTimate

$123,797

$108K - $140K

Price Est.

$965

830 - $1.1K

Rent Est.

$123,067  ( -0.59%)   1 YR EST. FORECAST
  
  
  

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604 3rd Ave PROPERTY INFO

FACTS
  • Built In 1980
  • Price/Sqft : $66.85
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,852 sqft
  • Baths : 2 Full

604 3rd Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ARCADIA ELEMENTARY SCHOOL Primary Regular 49 5 NA
WESTSIDE JUNIOR-SENIOR HIGH SCHOOL Middle Regular 134 14 9
WESTSIDE JUNIOR-SENIOR HIGH SCHOOL High Regular 134 14 9

ARCADIA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 49
  • # of teachers: 5
0
GreatSchools Rating

WESTSIDE JUNIOR-SENIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 134
  • # of teachers: 14
9
GreatSchools Rating

WESTSIDE JUNIOR-SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 134
  • # of teachers: 14
9
GreatSchools Rating
 

Financial Details

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Neighborhood

VAIL

  • 765

    POPULATION
  • 328

    HOUSEHOLDS
  • 49.1%

    WHITE COLLAR

Neighborhood : VAIL

HOUSEHOLDS
328
POPULATION

765

13.0%Renters
87.0%Home Owners
LABOR FORCE

 

49.1%White Collar
50.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $965 per month.

MY RENT : $965 MEDIAN RENT : $712

Rent % Distribution LEVEL
$500-699 47.3%
$700-899 28.4%
$900-999 6.4%
$1,000-1,499 17.2%
>=$1,500 0.7%
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 $965 would therefore be considered affordable for annual household incomes greater than $38,600 (12 months x 3.333 x $965).

Rent % Affordability
Above $500 85.0%
Above $700 76.1%
Above $1,100 58.2%
Above $1,500 42.6%
Above $1,900 30.7%
HOUSEHOLD INCOME RANGE

Approximately 171 of households in this neighborhood have a total annual income of $38,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $965 per month.

MINIMUM INCOME RANGE : $38,600

Income % Distribution
<$20K 15.0%
$20K-$35K 14.7%
$35K-$60K 27.6%
$60K-$100K 25.5%
>=$100K 17.2%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 35% 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 12.5%
5-9 mins 10.6%
10-14 mins 12.3%
15-19 mins 15.0%
20-29 mins 31.5%
30-44 mins 13.4%
45-59 mins 1.9%
>60 mins 2.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $965 per month.

MY RENT : $965 MEDIAN RENT : $712

Rent % Distribution
$500-699 47.3%
$700-899 28.4%
$900-999 6.4%
$1,000-1,499 17.2%
>=$1,500 0.7%
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 $965 would therefore be considered affordable for annual household incomes greater than $38,600 (12 months x 3.333 x $965).

Rent % Affordability
Above $500 85.0%
Above $700 76.1%
Above $1,100 58.2%
Above $1,500 42.6%
Above $1,900 30.7%
HOUSEHOLD INCOME RANGE

Approximately 171 of households in this neighborhood have a total annual income of $38,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $965 per month.

MINIMUM INCOME RANGE : $38,600

Income % Distribution
<$20K 15.0%
$20K-$35K 14.7%
$35K-$60K 27.6%
$60K-$100K 25.5%
>=$100K 17.2%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 35% 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 12.5%
5-9 mins 10.6%
10-14 mins 12.3%
15-19 mins 15.0%
20-29 mins 31.5%
30-44 mins 13.4%
45-59 mins 1.9%
>60 mins 2.8%

VAIL Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 12.9%
Educational Services 7.8%
Financial Industries 7.0%
Health Care & Social Assistance 13.7%
Manufacturing 22.0%
Retail & Wholesale Trader 14.7%
Other 22.0%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 29% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 20.0%
15-19 4.2%
20-24 4.6%
25-44 19.0%
45-65 31.9%
66+ 20.4%
OCCUPATION

Occupation % Distribution
Construction 5.6%
Healthcare 7.8%
Management, Business, & Financial 17.0%
Natural Resources Maintenance 18.0%
Production & Transportation 25.2%
Sales & Office 18.0%
Other 8.5%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.1%
High School 45.7%
Masters Degree 1.7%
Some College 22.2%
Some High School 9.9%
Other 10.4%

604 3rd Ave Comps

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604 3rd Ave, Vail, IA 51465 is a single family home of 1,852 sqft. HomeUnion INVESTimateĀ® for 604 3rd Ave includes a Price Estimate of $123,797 and a Rent Estimate of $965. This single family home has 3 bedrooms,2 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 9.35% and Total Return of 13.61%. The estimated 1 year forecast in home value for 604 3rd Ave is -0.59%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , CRAWFORD County , or the 51465 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 51467