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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

7521 E 613 Rd Peggs, OK 74452

3 Beds 2 Baths 1,441 sqft Built 2006
Last updated:  Jan 23, 2020

INVESTimate

$64,329

$59.0K - $69.7K

Price Est.

$884

810 - 958

Rent Est.

$65,667  ( +2.08%)   1 YR EST. FORECAST
  
  
  

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7521 E 613 Rd PROPERTY INFO

FACTS
  • Built In 2006
  • Price/Sqft : $44.64
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,441 sqft
  • Baths : 2 Full

7521 E 613 Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LOCUST GROVE UPPER ELEMENTARY SCHOOL Primary Regular 420 28 5
LOCUST GROVE MIDDLE SCHOOL Middle Regular 348 23 7
LOCUST GROVE HIGH SCHOOL High Regular 467 33 6

LOCUST GROVE UPPER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 420
  • # of teachers: 28
5
GreatSchools Rating

LOCUST GROVE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 348
  • # of teachers: 23
7
GreatSchools Rating

LOCUST GROVE HIGH SCHOOL

  • Education Level: High
  • # of students: 467
  • # of teachers: 33
6
GreatSchools Rating
 

Financial Details

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Neighborhood

PEGGS

  • 465

    POPULATION
  • 168

    HOUSEHOLDS
  • 48.1%

    WHITE COLLAR

Neighborhood : PEGGS

HOUSEHOLDS
168
POPULATION

465

10.1%Renters
89.9%Home Owners
LABOR FORCE

 

48.1%White Collar
51.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $884 per month.

MY RENT : $884 MEDIAN RENT : $923

Rent % Distribution LEVEL
$400-699 21.2%
$700-899 21.2%
$900-999 41.2%
$1,000-1,499 13.8%
>=$1,500 2.5%
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 $884 would therefore be considered affordable for annual household incomes greater than $35,360 (12 months x 3.333 x $884).

Rent % Affordability
Above $500 77.6%
Above $700 65.5%
Above $1,100 48.8%
Above $1,500 35.3%
Above $1,900 23.1%
HOUSEHOLD INCOME RANGE

Approximately 75 of households in this neighborhood have a total annual income of $35,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $884 per month.

MINIMUM INCOME RANGE : $35,360

Income % Distribution
<$20K 22.4%
$20K-$35K 20.6%
$35K-$60K 21.8%
$60K-$100K 23.5%
>=$100K 11.8%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.7%
5-9 mins 8.7%
10-14 mins 12.3%
15-19 mins 7.7%
20-29 mins 22.6%
30-44 mins 19.0%
45-59 mins 11.3%
>60 mins 11.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $884 per month.

MY RENT : $884 MEDIAN RENT : $923

Rent % Distribution
$400-699 21.2%
$700-899 21.2%
$900-999 41.2%
$1,000-1,499 13.8%
>=$1,500 2.5%
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 $884 would therefore be considered affordable for annual household incomes greater than $35,360 (12 months x 3.333 x $884).

Rent % Affordability
Above $500 77.6%
Above $700 65.5%
Above $1,100 48.8%
Above $1,500 35.3%
Above $1,900 23.1%
HOUSEHOLD INCOME RANGE

Approximately 75 of households in this neighborhood have a total annual income of $35,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $884 per month.

MINIMUM INCOME RANGE : $35,360

Income % Distribution
<$20K 22.4%
$20K-$35K 20.6%
$35K-$60K 21.8%
$60K-$100K 23.5%
>=$100K 11.8%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.7%
5-9 mins 8.7%
10-14 mins 12.3%
15-19 mins 7.7%
20-29 mins 22.6%
30-44 mins 19.0%
45-59 mins 11.3%
>60 mins 11.8%

PEGGS Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.5%
Construction 10.0%
Educational Services 11.4%
Health Care & Social Assistance 13.8%
Manufacturing 16.7%
Retail & Wholesale Trader 11.4%
Other 26.2%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 30% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 17.8%
15-19 7.5%
20-24 4.9%
25-44 21.5%
45-65 34.6%
66+ 13.5%
OCCUPATION

Occupation % Distribution
Construction 8.6%
Healthcare 5.3%
Management, Business, & Financial 12.6%
Natural Resources Maintenance 12.6%
Production & Transportation 26.5%
Sales & Office 17.9%
Other 16.6%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.3%
High School 49.8%
Masters Degree 2.8%
Some College 20.9%
Some High School 14.0%
Other 7.2%

7521 E 613 Rd Comps

Sorry, we do not have sufficient data available.

7521 E 613 Rd, Peggs, OK 74452 is a single family home of 1,441 sqft. HomeUnion INVESTimateĀ® for 7521 E 613 Rd includes a Price Estimate of $64,329 and a Rent Estimate of $884. This single family home has 3 bedrooms,2 bathrooms, and was built in 2006. This property has an estimated 15 year annualized Yield of 16.49% and Total Return of 25.81%. The estimated 1 year forecast in home value for 7521 E 613 Rd is 2.08%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , MAYES County , or the 74452 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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