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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

623 N 21st St Fort Dodge, IA 50501

2 Beds 2 Baths 864 sqft Built 1925
Last updated:  Jan 23, 2020

INVESTimate

$47,745

$44.6K - $50.9K

Price Est.

$669

592 - 746

Rent Est.

$48,953  ( +2.53%)   1 YR EST. FORECAST
  
  
  

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623 N 21st St PROPERTY INFO

FACTS
  • Built In 1925
  • Price/Sqft : $55.26
CONSTRUCTION
  • Beds : 2
  • Floor Size : 864 sqft
  • Baths : 2 Full

623 N 21st St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DUNCOMBE ELEMENTARY SCHOOL Primary Regular 294 21 1
FORT DODGE MIDDLE SCHOOL Middle Regular 484 40 NA
FORT DODGE SENIOR HIGH SCHOOL High Regular 1,142 81 2

DUNCOMBE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 294
  • # of teachers: 21
1
GreatSchools Rating

FORT DODGE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 484
  • # of teachers: 40
0
GreatSchools Rating

FORT DODGE SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,142
  • # of teachers: 81
2
GreatSchools Rating
 

Financial Details

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Neighborhood

FORT DODGE

  • 28,229

    POPULATION
  • 11,320

    HOUSEHOLDS
  • 57.3%

    WHITE COLLAR

Neighborhood : FORT DODGE

HOUSEHOLDS
11,320
POPULATION

28,229

36.2%Renters
63.8%Home Owners
LABOR FORCE

 

57.3%White Collar
42.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 68% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $669 per month.

MY RENT : $669 MEDIAN RENT : $753

Rent % Distribution LEVEL
$400-699 38.3%
$700-899 26.5%
$900-999 5.7%
$1,000-1,499 29.5%
>=$1,500 0.0%
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 $669 would therefore be considered affordable for annual household incomes greater than $26,760 (12 months x 3.333 x $669).

Rent % Affordability
Above $500 75.8%
Above $700 63.3%
Above $1,100 46.3%
Above $1,500 34.5%
Above $1,900 24.9%
HOUSEHOLD INCOME RANGE

Approximately 28,018 of households in this neighborhood have a total annual income of $26,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $669 per month.

MINIMUM INCOME RANGE : $26,760

Income % Distribution
<$20K 24.2%
$20K-$35K 20.8%
$35K-$60K 20.5%
$60K-$100K 19.0%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

30% of the working population has a commute time of 15 to 44 minutes, 65% 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 6.2%
5-9 mins 28.2%
10-14 mins 30.9%
15-19 mins 14.0%
20-29 mins 10.2%
30-44 mins 5.9%
45-59 mins 1.6%
>60 mins 2.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 68% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $669 per month.

MY RENT : $669 MEDIAN RENT : $753

Rent % Distribution
$400-699 38.3%
$700-899 26.5%
$900-999 5.7%
$1,000-1,499 29.5%
>=$1,500 0.0%
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 $669 would therefore be considered affordable for annual household incomes greater than $26,760 (12 months x 3.333 x $669).

Rent % Affordability
Above $500 75.8%
Above $700 63.3%
Above $1,100 46.3%
Above $1,500 34.5%
Above $1,900 24.9%
HOUSEHOLD INCOME RANGE

Approximately 28,018 of households in this neighborhood have a total annual income of $26,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $669 per month.

MINIMUM INCOME RANGE : $26,760

Income % Distribution
<$20K 24.2%
$20K-$35K 20.8%
$35K-$60K 20.5%
$60K-$100K 19.0%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

30% of the working population has a commute time of 15 to 44 minutes, 65% 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 6.2%
5-9 mins 28.2%
10-14 mins 30.9%
15-19 mins 14.0%
20-29 mins 10.2%
30-44 mins 5.9%
45-59 mins 1.6%
>60 mins 2.9%

FORT DODGE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.0%
Construction 6.4%
Educational Services 10.7%
Health Care & Social Assistance 15.9%
Manufacturing 14.1%
Retail & Wholesale Trader 17.5%
Other 26.5%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 34% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 17.3%
15-19 8.5%
20-24 8.7%
25-44 23.4%
45-65 25.8%
66+ 16.3%
OCCUPATION

Occupation % Distribution
Construction 6.1%
Healthcare 9.5%
Management, Business, & Financial 18.0%
Natural Resources Maintenance 12.1%
Production & Transportation 17.4%
Sales & Office 18.5%
Other 18.4%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.5%
High School 33.3%
Masters Degree 4.1%
Some College 23.0%
Some High School 9.1%
Other 17.0%

623 N 21st St Comps

Sorry, we do not have sufficient data available.

623 N 21st St, Fort Dodge, IA 50501 is a single family home of 864 sqft. HomeUnion INVESTimateĀ® for 623 N 21st St includes a Price Estimate of $47,745 and a Rent Estimate of $669. This single family home has 2 bedrooms,2 bathrooms, and was built in 1925. This property has an estimated 15 year annualized Yield of 16.81% and Total Return of 19.87%. The estimated 1 year forecast in home value for 623 N 21st St is 2.53%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , WEBSTER County , or the 50501 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 50548