Financial Details7593 N County Road 830 E PROPERTY INFO
FACTS
- Built In 1890
- Price/Sqft : $72.95
CONSTRUCTION
- Beds : 4
- Floor Size : 2,464 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
7593 N County Road 830 E, Forest, IN 46039 is a single family home of 2,464 sqft. HomeUnion estimate for 7593 N County Road 830 E includes a Price Estimate of $179,748 and a Rent Estimate of $1,141. This single family home has 4 bedrooms, 1 bathrooms, and was built in 1890. This property has an estimated 15 year annualized Yield of 7.62% and Total Return of 15.91%. The estimated 1 year forecast in home value for 7593 N County Road 830 E is 2.21%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
7593 N County Road 830 E SCHOOLS
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Financial Details
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FOREST
Neighborhood : FOREST
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,141 per month.
MY RENT : $1,141 MEDIAN RENT : $1,019
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 $1,141 would therefore be considered affordable for annual household incomes greater than $45,640 (12 months x 3.333 x $1,141).
HOUSEHOLD INCOME RANGE
Approximately 104 of households in this neighborhood have a total annual income of $45,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,141 per month.
MINIMUM INCOME RANGE : $45,640
COMMUTE TIME DISTRIBUTION
59% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
FOREST Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 11.7% |
| Construction | 7.6% |
| Educational Services | 13.5% |
| Health Care & Social Assistance | 17.5% |
| Manufacturing | 32.7% |
| Retail & Wholesale Trader | 9.0% |
| Other | 8.1% |
AGE DISTRIBUTION
49% of the population is between the ages of 25 and 64, 24% is 24 or younger and 27% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 14.7% |
| 15-19 | 7.2% |
| 20-24 | 2.3% |
| 25-44 | 26.0% |
| 45-65 | 22.8% |
| 66+ | 26.9% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 10.7% |
| Construction | 11.3% |
| Management, Business, & Financial | 24.4% |
| Natural Resources Maintenance | 10.1% |
| Production & Transportation | 22.0% |
| Sales & Office | 8.3% |
| Other | 13.1% |
HIGHEST EDUCATION LEVEL
24% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 15.7% |
| High School | 41.7% |
| Masters Degree | 8.3% |
| Some College | 20.3% |
| Some High School | 1.1% |
| Other | 12.9% |
7593 N County Road 830 E Comps
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