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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

6291 E 5th Rd Walshville, IL 62091

0 Beds 0 Baths 988 sqft Built 1972
Last updated:  Dec 26, 2019

INVESTimate

$69,589

$64.7K - $74.5K

Price Est.

$759

648 - 870

Rent Est.

$68,837  ( -1.08%)   1 YR EST. FORECAST
  
  
  

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6291 E 5th Rd PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $70.43
CONSTRUCTION
  • Beds : 0
  • Floor Size : 988 sqft
  • Baths : 0 Full

6291 E 5th Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
J D COLT ELEMENTARY SCHOOL Primary Regular 203 8 NA
LITCHFIELD MIDDLE SCHOOL Middle Regular 310 19 NA
LITCHFIELD SENIOR HIGH SCHOOL High Regular 455 29 6

J D COLT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 203
  • # of teachers: 8
-1
GreatSchools Rating

LITCHFIELD MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 310
  • # of teachers: 19
-1
GreatSchools Rating

LITCHFIELD SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 455
  • # of teachers: 29
6
GreatSchools Rating
 

Financial Details

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Neighborhood

WALSHVILLE

  • 329

    POPULATION
  • 123

    HOUSEHOLDS
  • 64.8%

    WHITE COLLAR

Neighborhood : WALSHVILLE

HOUSEHOLDS
123
POPULATION

329

12.7%Renters
87.3%Home Owners
LABOR FORCE

 

64.8%White Collar
35.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $759 per month.

MY RENT : $759 MEDIAN RENT : $822

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 95.6%
$900-999 1.8%
$1,000-1,499 2.6%
>=$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 $759 would therefore be considered affordable for annual household incomes greater than $30,360 (12 months x 3.333 x $759).

Rent % Affordability
Above $500 86.1%
Above $700 79.2%
Above $1,100 61.6%
Above $1,500 49.2%
Above $1,900 38.8%
HOUSEHOLD INCOME RANGE

Approximately 235 of households in this neighborhood have a total annual income of $30,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $759 per month.

MINIMUM INCOME RANGE : $30,360

Income % Distribution
<$20K 13.9%
$20K-$35K 13.1%
$35K-$60K 23.8%
$60K-$100K 24.6%
>=$100K 24.6%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 5.1%
10-14 mins 25.3%
15-19 mins 10.1%
20-29 mins 15.2%
30-44 mins 13.9%
45-59 mins 19.0%
>60 mins 10.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $759 per month.

MY RENT : $759 MEDIAN RENT : $822

Rent % Distribution
$500-699 0.0%
$700-899 95.6%
$900-999 1.8%
$1,000-1,499 2.6%
>=$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 $759 would therefore be considered affordable for annual household incomes greater than $30,360 (12 months x 3.333 x $759).

Rent % Affordability
Above $500 86.1%
Above $700 79.2%
Above $1,100 61.6%
Above $1,500 49.2%
Above $1,900 38.8%
HOUSEHOLD INCOME RANGE

Approximately 235 of households in this neighborhood have a total annual income of $30,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $759 per month.

MINIMUM INCOME RANGE : $30,360

Income % Distribution
<$20K 13.9%
$20K-$35K 13.1%
$35K-$60K 23.8%
$60K-$100K 24.6%
>=$100K 24.6%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 5.1%
10-14 mins 25.3%
15-19 mins 10.1%
20-29 mins 15.2%
30-44 mins 13.9%
45-59 mins 19.0%
>60 mins 10.1%

WALSHVILLE Demographics

INDUSTRY

Industry % Distribution
Construction 13.5%
Health Care & Social Assistance 14.6%
Information 7.9%
Manufacturing 10.1%
Retail & Wholesale Trader 13.5%
Transportation 11.2%
Other 29.2%
AGE DISTRIBUTION

66% of the population is between the ages of 25 and 64, 16% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 4.0%
15-19 4.9%
20-24 7.6%
25-44 33.1%
45-65 32.8%
66+ 17.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.8%
Healthcare 7.4%
Management, Business, & Financial 32.4%
Natural Resources Maintenance 11.8%
Production & Transportation 20.6%
Sales & Office 10.3%
Other 8.8%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.3%
High School 43.3%
Masters Degree 3.3%
Some College 20.4%
Some High School 17.0%
Other 2.6%

6291 E 5th Rd Comps

Sorry, we do not have sufficient data available.

6291 E 5th Rd, Walshville, IL 62091 is a single family home of 988 sqft. HomeUnion INVESTimateĀ® for 6291 E 5th Rd includes a Price Estimate of $69,589 and a Rent Estimate of $759. This single family home has 0 bedrooms,0 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 13.09% and Total Return of 14.47%. The estimated 1 year forecast in home value for 6291 E 5th Rd is -1.08%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , MONTGOMERY County , or the 62091 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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