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

624 N Main St Newkirk, OK 74647

3 Beds 2 Baths 1,456 sqft Built 2007
Last updated:  Jan 23, 2020

INVESTimate

$77,802

$72.9K - $82.7K

Price Est.

$893

792 - 994

Rent Est.

$80,424  ( +3.37%)   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
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1424 BRETON RD JACKSONVILLE, FL
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950
    AVAILABLE
    • 14.27% GROSS YIELD
    • $5,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,900
    • $26,924
    • $950

624 N Main St PROPERTY INFO

FACTS
  • Built In 2007
  • Price/Sqft : $53.44
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,456 sqft
  • Baths : 2 Full

624 N Main St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NEWKIRK ELEMENTARY SCHOOL Primary Regular 317 21 5
NEWKIRK MIDDLE SCHOOL Middle Regular 213 14 3
NEWKIRK HIGH SCHOOL High Regular 255 18 4

NEWKIRK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 317
  • # of teachers: 21
5
GreatSchools Rating

NEWKIRK MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 213
  • # of teachers: 14
3
GreatSchools Rating

NEWKIRK HIGH SCHOOL

  • Education Level: High
  • # of students: 255
  • # of teachers: 18
4
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

NEWKIRK

  • 3,658

    POPULATION
  • 1,402

    HOUSEHOLDS
  • 48.0%

    WHITE COLLAR

Neighborhood : NEWKIRK

HOUSEHOLDS
1,402
POPULATION

3,658

25.6%Renters
74.4%Home Owners
LABOR FORCE

 

48.0%White Collar
52.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $893 per month.

MY RENT : $893 MEDIAN RENT : $795

Rent % Distribution LEVEL
$500-699 24.0%
$700-899 42.6%
$900-999 10.2%
$1,000-1,499 21.1%
>=$1,500 2.1%
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 $893 would therefore be considered affordable for annual household incomes greater than $35,720 (12 months x 3.333 x $893).

Rent % Affordability
Above $500 79.7%
Above $700 69.1%
Above $1,100 49.2%
Above $1,500 34.8%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 625 of households in this neighborhood have a total annual income of $35,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $893 per month.

MINIMUM INCOME RANGE : $35,720

Income % Distribution
<$20K 20.3%
$20K-$35K 20.8%
$35K-$60K 24.1%
$60K-$100K 22.0%
>=$100K 12.8%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.4%
5-9 mins 19.0%
10-14 mins 8.8%
15-19 mins 14.7%
20-29 mins 23.3%
30-44 mins 15.7%
45-59 mins 3.2%
>60 mins 4.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $893 per month.

MY RENT : $893 MEDIAN RENT : $795

Rent % Distribution
$500-699 24.0%
$700-899 42.6%
$900-999 10.2%
$1,000-1,499 21.1%
>=$1,500 2.1%
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 $893 would therefore be considered affordable for annual household incomes greater than $35,720 (12 months x 3.333 x $893).

Rent % Affordability
Above $500 79.7%
Above $700 69.1%
Above $1,100 49.2%
Above $1,500 34.8%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 625 of households in this neighborhood have a total annual income of $35,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $893 per month.

MINIMUM INCOME RANGE : $35,720

Income % Distribution
<$20K 20.3%
$20K-$35K 20.8%
$35K-$60K 24.1%
$60K-$100K 22.0%
>=$100K 12.8%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.4%
5-9 mins 19.0%
10-14 mins 8.8%
15-19 mins 14.7%
20-29 mins 23.3%
30-44 mins 15.7%
45-59 mins 3.2%
>60 mins 4.9%

NEWKIRK Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 13.2%
Educational Services 8.5%
Health Care & Social Assistance 9.4%
Manufacturing 13.6%
Public Administration 9.2%
Retail & Wholesale Trader 13.1%
Other 33.1%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 33% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 21.0%
15-19 6.7%
20-24 5.3%
25-44 19.9%
45-65 28.3%
66+ 18.8%
OCCUPATION

Occupation % Distribution
Construction 5.6%
Management, Business, & Financial 14.0%
Natural Resources Maintenance 16.2%
Production & Transportation 16.8%
Protect 7.8%
Sales & Office 22.8%
Other 16.8%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.5%
High School 35.9%
Masters Degree 2.6%
Some College 26.9%
Some High School 12.2%
Other 10.9%

624 N Main St Comps

Sorry, we do not have sufficient data available.

624 N Main St, Newkirk, OK 74647 is a single family home of 1,456 sqft. HomeUnion INVESTimateĀ® for 624 N Main St includes a Price Estimate of $77,802 and a Rent Estimate of $893. This single family home has 3 bedrooms,2 bathrooms, and was built in 2007. This property has an estimated 15 year annualized Yield of 13.77% and Total Return of 26.32%. The estimated 1 year forecast in home value for 624 N Main St is 3.37%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , KAY County , or the 74647 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

No Zipcodes available