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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

703 S 5th St Jay, OK 74346

4 Beds 2 Baths 1,696 sqft Built 0
Last updated:  Jan 23, 2020

INVESTimate

$54,205

$51.6K - $56.8K

Price Est.

$1,015

901 - $1.1K

Rent Est.

$57,842  ( +6.71%)   1 YR EST. FORECAST
  
  
  

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703 S 5th St PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $31.96
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,696 sqft
  • Baths : 2 Full

703 S 5th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
JAY UPPER ELEMENTARY SCHOOL Primary Regular 407 22 5
JAY MIDDLE SCHOOL Middle Regular 246 18 5
JAY HIGH SCHOOL High Regular 478 32 4

JAY UPPER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 407
  • # of teachers: 22
5
GreatSchools Rating

JAY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 246
  • # of teachers: 18
5
GreatSchools Rating

JAY HIGH SCHOOL

  • Education Level: High
  • # of students: 478
  • # of teachers: 32
4
GreatSchools Rating
 

Financial Details

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Neighborhood

JAY

  • 7,645

    POPULATION
  • 2,654

    HOUSEHOLDS
  • 45.9%

    WHITE COLLAR

Neighborhood : JAY

HOUSEHOLDS
2,654
POPULATION

7,645

28.8%Renters
71.2%Home Owners
LABOR FORCE

 

45.9%White Collar
54.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 24% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,015 per month.

MY RENT : $1,015 MEDIAN RENT : $795

Rent % Distribution LEVEL
$400-699 26.9%
$700-899 40.6%
$900-999 8.1%
$1,000-1,499 18.8%
>=$1,500 5.7%
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 $1,015 would therefore be considered affordable for annual household incomes greater than $40,600 (12 months x 3.333 x $1,015).

Rent % Affordability
Above $500 74.5%
Above $700 61.1%
Above $1,100 37.8%
Above $1,500 25.0%
Above $1,900 18.1%
HOUSEHOLD INCOME RANGE

Approximately 857 of households in this neighborhood have a total annual income of $40,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,015 per month.

MINIMUM INCOME RANGE : $40,600

Income % Distribution
<$20K 25.5%
$20K-$35K 27.0%
$35K-$60K 22.5%
$60K-$100K 13.4%
>=$100K 11.5%
COMMUTE TIME DISTRIBUTION

47% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.7%
5-9 mins 10.5%
10-14 mins 14.7%
15-19 mins 11.3%
20-29 mins 16.6%
30-44 mins 18.8%
45-59 mins 8.7%
>60 mins 11.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 24% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,015 per month.

MY RENT : $1,015 MEDIAN RENT : $795

Rent % Distribution
$400-699 26.9%
$700-899 40.6%
$900-999 8.1%
$1,000-1,499 18.8%
>=$1,500 5.7%
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 $1,015 would therefore be considered affordable for annual household incomes greater than $40,600 (12 months x 3.333 x $1,015).

Rent % Affordability
Above $500 74.5%
Above $700 61.1%
Above $1,100 37.8%
Above $1,500 25.0%
Above $1,900 18.1%
HOUSEHOLD INCOME RANGE

Approximately 857 of households in this neighborhood have a total annual income of $40,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,015 per month.

MINIMUM INCOME RANGE : $40,600

Income % Distribution
<$20K 25.5%
$20K-$35K 27.0%
$35K-$60K 22.5%
$60K-$100K 13.4%
>=$100K 11.5%
COMMUTE TIME DISTRIBUTION

47% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.7%
5-9 mins 10.5%
10-14 mins 14.7%
15-19 mins 11.3%
20-29 mins 16.6%
30-44 mins 18.8%
45-59 mins 8.7%
>60 mins 11.7%

JAY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.1%
Health Care & Social Assistance 13.7%
Manufacturing 13.5%
Public Administration 11.2%
Retail & Wholesale Trader 11.3%
Transportation 8.2%
Other 31.0%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 35% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 21.5%
15-19 6.1%
20-24 7.3%
25-44 24.2%
45-65 24.8%
66+ 16.1%
OCCUPATION

Occupation % Distribution
Healthcare 9.4%
Management, Business, & Financial 14.4%
Natural Resources Maintenance 15.3%
Production & Transportation 19.2%
Protect 6.9%
Sales & Office 17.7%
Other 17.1%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.9%
High School 36.8%
Masters Degree 3.9%
Some College 22.1%
Some High School 22.1%
Other 8.2%

703 S 5th St Comps

Sorry, we do not have sufficient data available.

703 S 5th St, Jay, OK 74346 is a single family home of 1,696 sqft. HomeUnion INVESTimateĀ® for 703 S 5th St includes a Price Estimate of $54,205 and a Rent Estimate of $1,015. This single family home has 4 bedrooms,2 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 22.47% and Total Return of 42.24%. The estimated 1 year forecast in home value for 703 S 5th St is 6.71%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , DELAWARE County , or the 74346 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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