INVESTimate
$30,071
7036 E 239th St S PROPERTY INFO
FACTS
- Built In 1960
- Price/Sqft : $53.09
CONSTRUCTION
- Beds : 2
- Floor Size : 1,320 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
7036 E 239th St S, Porum, OK 74455 is a single family home of 1,320 sqft. HomeUnion estimate for 7036 E 239th St S includes a Price Estimate of $70,078 and a Rent Estimate of $674. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1960. This property has an estimated 15 year annualized Yield of 11.54% and Total Return of 27.99%. The estimated 1 year forecast in home value for 7036 E 239th St S is 8.41%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
7036 E 239th St S SCHOOLS
Financial Details
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PORUM
Neighborhood : PORUM
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $674 per month.
MY RENT : $674 MEDIAN RENT : $826
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 $674 would therefore be considered affordable for annual household incomes greater than $26,960 (12 months x 3.333 x $674).
HOUSEHOLD INCOME RANGE
Approximately 3,917 of households in this neighborhood have a total annual income of $26,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $674 per month.
MINIMUM INCOME RANGE : $26,960
COMMUTE TIME DISTRIBUTION
56% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.
PORUM Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 6.7% |
Construction | 14.5% |
Educational Services | 10.9% |
Health Care & Social Assistance | 13.7% |
Manufacturing | 10.1% |
Retail & Wholesale Trader | 18.2% |
Other | 25.8% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 30% is 24 or younger and 20% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.0% |
15-19 | 5.5% |
20-24 | 5.9% |
25-44 | 21.9% |
45-65 | 27.9% |
66+ | 19.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 6.8% |
Healthcare | 8.2% |
Management, Business, & Financial | 11.0% |
Natural Resources Maintenance | 17.1% |
Production & Transportation | 19.2% |
Sales & Office | 21.6% |
Other | 16.1% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.9% |
High School | 40.8% |
Masters Degree | 3.6% |
Some College | 18.3% |
Some High School | 19.3% |
Other | 8.1% |
7036 E 239th St S Comps
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