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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

639 Clear Creek Rd Roberts, MT 59070

3 Beds 2 Baths 1,900 sqft Built 1994
Last updated:  Nov 28, 2019

INVESTimate

$388,251

$316K - $460K

Price Est.

$1,464

$1.3K - $1.6K

Rent Est.

$402,461  ( +3.66%)   1 YR EST. FORECAST
  
  
  

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639 Clear Creek Rd PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $204.34
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,900 sqft
  • Baths : 2 Full

639 Clear Creek Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ROBERTS SCHOOL Primary Regular 65 6 8
ROBERTS SCHOOL Middle Regular 65 6 8
ROBERTS HIGH SCHOOL High Regular 28 5 NA

ROBERTS SCHOOL

  • Education Level: Primary
  • # of students: 65
  • # of teachers: 6
8
GreatSchools Rating

ROBERTS SCHOOL

  • Education Level: Middle
  • # of students: 65
  • # of teachers: 6
8
GreatSchools Rating

ROBERTS HIGH SCHOOL

  • Education Level: High
  • # of students: 28
  • # of teachers: 5
0
GreatSchools Rating
 

Financial Details

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Neighborhood

ROBERTS

  • 1,695

    POPULATION
  • 720

    HOUSEHOLDS
  • 68.3%

    WHITE COLLAR

Neighborhood : ROBERTS

HOUSEHOLDS
720
POPULATION

1,695

18.3%Renters
81.7%Home Owners
LABOR FORCE

 

68.3%White Collar
31.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 31% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,464 per month.

MY RENT : $1,464 MEDIAN RENT : $1,192

Rent % Distribution LEVEL
$500-699 0.4%
$700-899 13.2%
$900-999 14.9%
$1,000-1,499 43.8%
>=$1,500 27.7%
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 $1,464 would therefore be considered affordable for annual household incomes greater than $58,560 (12 months x 3.333 x $1,464).

Rent % Affordability
Above $500 90.3%
Above $700 83.5%
Above $1,100 72.2%
Above $1,500 58.5%
Above $1,900 41.5%
HOUSEHOLD INCOME RANGE

Approximately 425 of households in this neighborhood have a total annual income of $58,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,464 per month.

MINIMUM INCOME RANGE : $58,560

Income % Distribution
<$20K 9.7%
$20K-$35K 13.2%
$35K-$60K 18.6%
$60K-$100K 33.7%
>=$100K 24.8%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 23% 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 8.1%
5-9 mins 8.5%
10-14 mins 6.6%
15-19 mins 11.6%
20-29 mins 13.8%
30-44 mins 22.1%
45-59 mins 11.0%
>60 mins 18.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 31% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,464 per month.

MY RENT : $1,464 MEDIAN RENT : $1,192

Rent % Distribution
$500-699 0.4%
$700-899 13.2%
$900-999 14.9%
$1,000-1,499 43.8%
>=$1,500 27.7%
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 $1,464 would therefore be considered affordable for annual household incomes greater than $58,560 (12 months x 3.333 x $1,464).

Rent % Affordability
Above $500 90.3%
Above $700 83.5%
Above $1,100 72.2%
Above $1,500 58.5%
Above $1,900 41.5%
HOUSEHOLD INCOME RANGE

Approximately 425 of households in this neighborhood have a total annual income of $58,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,464 per month.

MINIMUM INCOME RANGE : $58,560

Income % Distribution
<$20K 9.7%
$20K-$35K 13.2%
$35K-$60K 18.6%
$60K-$100K 33.7%
>=$100K 24.8%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 23% 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 8.1%
5-9 mins 8.5%
10-14 mins 6.6%
15-19 mins 11.6%
20-29 mins 13.8%
30-44 mins 22.1%
45-59 mins 11.0%
>60 mins 18.3%

ROBERTS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 20.9%
Arts & Entertainment 9.4%
Educational Services 7.8%
Health Care & Social Assistance 15.8%
Retail & Wholesale Trader 10.9%
Transportation 9.0%
Other 26.0%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 25% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 17.8%
15-19 2.2%
20-24 4.7%
25-44 19.1%
45-65 33.2%
66+ 23.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.4%
Healthcare 11.0%
Management, Business, & Financial 19.7%
Natural Resources Maintenance 14.2%
Production & Transportation 9.8%
Sales & Office 19.5%
Other 16.3%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.9%
High School 28.8%
Masters Degree 6.0%
Some College 22.7%
Some High School 7.9%
Other 26.7%

639 Clear Creek Rd Comps

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639 Clear Creek Rd, Roberts, MT 59070 is a single family home of 1,900 sqft. HomeUnion INVESTimateĀ® for 639 Clear Creek Rd includes a Price Estimate of $388,251 and a Rent Estimate of $1,464. This single family home has 3 bedrooms,2 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 4.52% and Total Return of 7.57%. The estimated 1 year forecast in home value for 639 Clear Creek Rd is 3.66%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MT , CARBON County , or the 59070 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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