INVESTimate
$55,390
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713 Benham St PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $106.85
CONSTRUCTION
- Beds : 3
- Floor Size : 1,550 sqft
- Baths : 2 Full 1 Half
713 Benham St SCHOOLS
Financial Details
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Colonial Estates
Neighborhood : Colonial Estates
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,282 per month.
MY RENT : $1,282 MEDIAN RENT : $1,163
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 $1,282 would therefore be considered affordable for annual household incomes greater than $51,280 (12 months x 3.333 x $1,282).
HOUSEHOLD INCOME RANGE
Approximately 28 of households in this neighborhood have a total annual income of $51,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,282 per month.
MINIMUM INCOME RANGE : $51,280
COMMUTE TIME DISTRIBUTION
48% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.
Colonial Estates Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.9% |
Construction | 9.2% |
Health Care & Social Assistance | 10.5% |
Manufacturing | 15.8% |
Retail & Wholesale Trader | 13.2% |
Transportation | 11.8% |
Other | 31.6% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 41% is 24 or younger and 9% is 65 or older.
Age | % Distribution |
---|---|
<15 | 24.0% |
15-19 | 9.6% |
20-24 | 7.2% |
25-44 | 25.7% |
45-65 | 24.6% |
66+ | 9.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 8.3% |
Management, Business, & Financial | 16.7% |
Natural Resources Maintenance | 18.8% |
Production & Transportation | 27.1% |
Protect | 2.1% |
Sales & Office | 18.8% |
Other | 8.3% |
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 | 12.0% |
High School | 37.0% |
Masters Degree | 4.3% |
Some College | 27.2% |
Some High School | 9.8% |
Other | 9.8% |
713 Benham St Comps
713 Benham St, Kirkland, IL 60146 is a single family home of 1,550 sqft. HomeUnion INVESTimateĀ® for 713 Benham St includes a Price Estimate of $165,623 and a Rent Estimate of $1,282. This single family home has 3 bedrooms,3 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 9.29% and Total Return of 15.97%. The estimated 1 year forecast in home value for 713 Benham St is 4.31%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , DEKALB County , or the 60146 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2