Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

803 Sparta St Saint Libory, IL 62282

0 Beds 0 Baths 768 sqft Built 1958
Last updated:  Jan 23, 2020

INVESTimate

$69,943

$66.7K - $73.2K

Price Est.

$613

568 - 658

Rent Est.

$72,027  ( +2.98%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

803 Sparta St PROPERTY INFO

FACTS
  • Built In 1958
  • Price/Sqft : $91.07
CONSTRUCTION
  • Beds : 0
  • Floor Size : 768 sqft
  • Baths : 0 Full

803 Sparta St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ST LIBORY ELEMENTARY SCHOOL Primary Regular 89 9 8
ST LIBORY ELEMENTARY SCHOOL Middle Regular 89 9 8
FREEBURG COMMUNITY HIGH SCHOOL High Regular 622 43 8

ST LIBORY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 89
  • # of teachers: 9
8
GreatSchools Rating

ST LIBORY ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 89
  • # of teachers: 9
8
GreatSchools Rating

FREEBURG COMMUNITY HIGH SCHOOL

  • Education Level: High
  • # of students: 622
  • # of teachers: 43
8
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

SAINT LIBORY

  • 685

    POPULATION
  • 252

    HOUSEHOLDS
  • 58.4%

    WHITE COLLAR

Neighborhood : SAINT LIBORY

HOUSEHOLDS
252
POPULATION

685

7.2%Renters
92.8%Home Owners
LABOR FORCE

 

58.4%White Collar
41.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 85% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $613 per month.

MY RENT : $613 MEDIAN RENT : $756

Rent % Distribution LEVEL
$500-699 27.4%
$700-899 46.6%
$900-999 15.4%
$1,000-1,499 10.6%
>=$1,500 0.0%
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 $613 would therefore be considered affordable for annual household incomes greater than $24,520 (12 months x 3.333 x $613).

Rent % Affordability
Above $500 95.6%
Above $700 91.8%
Above $1,100 81.7%
Above $1,500 61.5%
Above $1,900 47.7%
HOUSEHOLD INCOME RANGE

Approximately 407 of households in this neighborhood have a total annual income of $24,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $613 per month.

MINIMUM INCOME RANGE : $24,520

Income % Distribution
<$20K 4.4%
$20K-$35K 7.9%
$35K-$60K 26.2%
$60K-$100K 22.2%
>=$100K 39.3%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 7.8%
10-14 mins 9.6%
15-19 mins 4.8%
20-29 mins 21.5%
30-44 mins 24.6%
45-59 mins 13.0%
>60 mins 12.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 85% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $613 per month.

MY RENT : $613 MEDIAN RENT : $756

Rent % Distribution
$500-699 27.4%
$700-899 46.6%
$900-999 15.4%
$1,000-1,499 10.6%
>=$1,500 0.0%
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 $613 would therefore be considered affordable for annual household incomes greater than $24,520 (12 months x 3.333 x $613).

Rent % Affordability
Above $500 95.6%
Above $700 91.8%
Above $1,100 81.7%
Above $1,500 61.5%
Above $1,900 47.7%
HOUSEHOLD INCOME RANGE

Approximately 407 of households in this neighborhood have a total annual income of $24,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $613 per month.

MINIMUM INCOME RANGE : $24,520

Income % Distribution
<$20K 4.4%
$20K-$35K 7.9%
$35K-$60K 26.2%
$60K-$100K 22.2%
>=$100K 39.3%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 7.8%
10-14 mins 9.6%
15-19 mins 4.8%
20-29 mins 21.5%
30-44 mins 24.6%
45-59 mins 13.0%
>60 mins 12.3%

SAINT LIBORY Demographics

INDUSTRY

Industry % Distribution
Construction 18.9%
Educational Services 7.4%
Health Care & Social Assistance 15.1%
Manufacturing 6.5%
Retail & Wholesale Trader 16.0%
Transportation 11.8%
Other 24.3%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 30% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 20.1%
15-19 8.0%
20-24 2.2%
25-44 20.6%
45-65 30.1%
66+ 19.0%
OCCUPATION

Occupation % Distribution
Construction 6.8%
Management, Business, & Financial 25.6%
Natural Resources Maintenance 20.8%
PCare 6.3%
Production & Transportation 11.6%
Sales & Office 17.4%
Other 11.6%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.6%
High School 35.4%
Masters Degree 4.1%
Some College 25.4%
Some High School 7.2%
Other 15.2%

803 Sparta St Comps

Sorry, we do not have sufficient data available.

803 Sparta St, Saint Libory, IL 62282 is a single family home of 768 sqft. HomeUnion INVESTimateĀ® for 803 Sparta St includes a Price Estimate of $69,943 and a Rent Estimate of $613. This single family home has 0 bedrooms,0 bathrooms, and was built in 1958. This property has an estimated 15 year annualized Yield of 10.52% and Total Return of 13.55%. The estimated 1 year forecast in home value for 803 Sparta St is 2.98%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , SAINT CLAIR County , or the 62282 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. Dintelmann Rd

Similar Investment Properties By List Price within 2 miles

  1. 811 Sparta St
  2. 856 Sparta St
  3. 853 Edward St
  4. 752 Washington St

Nearest zipcodes within 2 miles

  1. 62257
  2. 62258
  3. 62255
  4. 62214