INVESTimate
$40,414
608 E Division St PROPERTY INFO
FACTS
- Built In 1890
- Price/Sqft : $52.66
CONSTRUCTION
- Beds : 0
- Floor Size : 2,072 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
608 E Division St, Audubon, IA 50025 is a single family home of 2,072 sqft. HomeUnion estimate for 608 E Division St includes a Price Estimate of $109,110 and a Rent Estimate of $856. This single family home has 0 bedrooms, 2 bathrooms, and was built in 1890. This property has an estimated 15 year annualized Yield of 9.41% and Total Return of 20.43%. The estimated 1 year forecast in home value for 608 E Division St is 4.3%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
608 E Division St SCHOOLS
Financial Details
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AUDUBON
Neighborhood : AUDUBON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 49% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $856 per month.
MY RENT : $856 MEDIAN RENT : $846
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 $856 would therefore be considered affordable for annual household incomes greater than $34,240 (12 months x 3.333 x $856).
HOUSEHOLD INCOME RANGE
Approximately 4,019 of households in this neighborhood have a total annual income of $34,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $856 per month.
MINIMUM INCOME RANGE : $34,240
COMMUTE TIME DISTRIBUTION
35% of the working population has a commute time of 15 to 44 minutes, 60% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.
AUDUBON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 13.1% |
Construction | 6.8% |
Educational Services | 5.7% |
Health Care & Social Assistance | 13.7% |
Manufacturing | 9.2% |
Retail & Wholesale Trader | 19.1% |
Other | 32.4% |
AGE DISTRIBUTION
48% of the population is between the ages of 25 and 64, 27% is 24 or younger and 25% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.7% |
15-19 | 5.6% |
20-24 | 5.4% |
25-44 | 18.4% |
45-65 | 29.6% |
66+ | 25.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Education | 4.8% |
Healthcare | 9.2% |
Management, Business, & Financial | 21.9% |
Natural Resources Maintenance | 14.2% |
Production & Transportation | 16.3% |
Sales & Office | 20.1% |
Other | 13.5% |
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 | 13.9% |
High School | 40.5% |
Masters Degree | 3.2% |
Some College | 20.7% |
Some High School | 11.1% |
Other | 10.7% |
608 E Division St Comps
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