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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

608 Frosty Ct Lyman, WY 82937

3 Beds 2 Baths 1,344 sqft Built 2007
Last updated:  Dec 26, 2019

INVESTimate

$210,073

$188K - $232K

Price Est.

$1,017

889 - $1.1K

Rent Est.

$210,073  ( 0%)   1 YR EST. FORECAST
  
  
  

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608 Frosty Ct PROPERTY INFO

FACTS
  • Built In 2007
  • Price/Sqft : $156.30
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,344 sqft
  • Baths : 2 Full

608 Frosty Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LYMAN MIDDLE SCHOOL Primary Regular 217 38 5
LYMAN MIDDLE SCHOOL Middle Regular 217 38 5
LYMAN HIGH SCHOOL High Regular 221 36 5

LYMAN MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 217
  • # of teachers: 38
5
GreatSchools Rating

LYMAN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 217
  • # of teachers: 38
5
GreatSchools Rating

LYMAN HIGH SCHOOL

  • Education Level: High
  • # of students: 221
  • # of teachers: 36
5
GreatSchools Rating
 

Financial Details

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Neighborhood

LYMAN

  • 4,335

    POPULATION
  • 1,553

    HOUSEHOLDS
  • 44.0%

    WHITE COLLAR

Neighborhood : LYMAN

HOUSEHOLDS
1,553
POPULATION

4,335

22.6%Renters
77.4%Home Owners
LABOR FORCE

 

44.0%White Collar
56.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,017 per month.

MY RENT : $1,017 MEDIAN RENT : $955

Rent % Distribution LEVEL
$500-699 9.4%
$700-899 34.0%
$900-999 11.0%
$1,000-1,499 42.8%
>=$1,500 2.9%
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 $1,017 would therefore be considered affordable for annual household incomes greater than $40,680 (12 months x 3.333 x $1,017).

Rent % Affordability
Above $500 88.7%
Above $700 80.7%
Above $1,100 70.6%
Above $1,500 58.1%
Above $1,900 50.2%
HOUSEHOLD INCOME RANGE

Approximately 991 of households in this neighborhood have a total annual income of $40,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,017 per month.

MINIMUM INCOME RANGE : $40,680

Income % Distribution
<$20K 11.3%
$20K-$35K 12.8%
$35K-$60K 17.8%
$60K-$100K 26.3%
>=$100K 31.8%
COMMUTE TIME DISTRIBUTION

30% of the working population has a commute time of 15 to 44 minutes, 47% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.4%
5-9 mins 22.7%
10-14 mins 16.4%
15-19 mins 5.5%
20-29 mins 3.7%
30-44 mins 20.8%
45-59 mins 13.5%
>60 mins 9.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,017 per month.

MY RENT : $1,017 MEDIAN RENT : $955

Rent % Distribution
$500-699 9.4%
$700-899 34.0%
$900-999 11.0%
$1,000-1,499 42.8%
>=$1,500 2.9%
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 $1,017 would therefore be considered affordable for annual household incomes greater than $40,680 (12 months x 3.333 x $1,017).

Rent % Affordability
Above $500 88.7%
Above $700 80.7%
Above $1,100 70.6%
Above $1,500 58.1%
Above $1,900 50.2%
HOUSEHOLD INCOME RANGE

Approximately 991 of households in this neighborhood have a total annual income of $40,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,017 per month.

MINIMUM INCOME RANGE : $40,680

Income % Distribution
<$20K 11.3%
$20K-$35K 12.8%
$35K-$60K 17.8%
$60K-$100K 26.3%
>=$100K 31.8%
COMMUTE TIME DISTRIBUTION

30% of the working population has a commute time of 15 to 44 minutes, 47% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.4%
5-9 mins 22.7%
10-14 mins 16.4%
15-19 mins 5.5%
20-29 mins 3.7%
30-44 mins 20.8%
45-59 mins 13.5%
>60 mins 9.0%

LYMAN Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 19.8%
Construction 7.0%
Educational Services 15.5%
Manufacturing 6.4%
Retail & Wholesale Trader 11.3%
Transportation 9.1%
Other 30.9%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 38% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 27.5%
15-19 6.2%
20-24 4.7%
25-44 23.5%
45-65 27.5%
66+ 10.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 3.8%
Construction 8.0%
Management, Business, & Financial 13.8%
Natural Resources Maintenance 26.6%
Production & Transportation 25.6%
Sales & Office 15.2%
Other 7.0%
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 12.8%
High School 34.6%
Masters Degree 5.3%
Some College 26.8%
Some High School 6.0%
Other 14.5%

608 Frosty Ct Comps

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608 Frosty Ct, Lyman, WY 82937 is a single family home of 1,344 sqft. HomeUnion INVESTimateĀ® for 608 Frosty Ct includes a Price Estimate of $210,073 and a Rent Estimate of $1,017. This single family home has 3 bedrooms,2 bathrooms, and was built in 2007. This property has an estimated 15 year annualized Yield of 5.81% and Total Return of 9.15%. The estimated 1 year forecast in home value for 608 Frosty Ct is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in WY , UINTA County , or the 82937 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 82930
  2. 82939
  3. 82933