INVESTimate
$30,379
OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
704 N 21st St PROPERTY INFO
FACTS
- Built In 1925
- Price/Sqft : $35.96
CONSTRUCTION
- Beds : 3
- Floor Size : 1,981 sqft
- Baths : 1 Full 1 Half
704 N 21st St SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
FORT DODGE
Neighborhood : FORT DODGE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 45% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $827 per month.
MY RENT : $827 MEDIAN RENT : $753
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 $827 would therefore be considered affordable for annual household incomes greater than $33,080 (12 months x 3.333 x $827).
HOUSEHOLD INCOME RANGE
Approximately 27,591 of households in this neighborhood have a total annual income of $33,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $827 per month.
MINIMUM INCOME RANGE : $33,080
COMMUTE TIME DISTRIBUTION
30% of the working population has a commute time of 15 to 44 minutes, 65% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.
FORT DODGE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.0% |
Construction | 6.4% |
Educational Services | 10.7% |
Health Care & Social Assistance | 15.9% |
Manufacturing | 14.1% |
Retail & Wholesale Trader | 17.5% |
Other | 26.5% |
AGE DISTRIBUTION
49% of the population is between the ages of 25 and 64, 34% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.3% |
15-19 | 8.5% |
20-24 | 8.7% |
25-44 | 23.4% |
45-65 | 25.8% |
66+ | 16.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 6.1% |
Healthcare | 9.5% |
Management, Business, & Financial | 18.0% |
Natural Resources Maintenance | 12.1% |
Production & Transportation | 17.4% |
Sales & Office | 18.5% |
Other | 18.4% |
HIGHEST EDUCATION LEVEL
20% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 13.5% |
High School | 33.3% |
Masters Degree | 4.1% |
Some College | 23.0% |
Some High School | 9.1% |
Other | 17.0% |
704 N 21st St Comps
704 N 21st St, Fort Dodge, IA 50501 is a single family home of 1,981 sqft. HomeUnion INVESTimateĀ® for 704 N 21st St includes a Price Estimate of $71,241 and a Rent Estimate of $827. This single family home has 3 bedrooms,2 bathrooms, and was built in 1925. This property has an estimated 15 year annualized Yield of 13.93% and Total Return of 17.86%. The estimated 1 year forecast in home value for 704 N 21st St is 2.53%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , WEBSTER County , or the 50501 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2