INVESTimate
$32,481
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915 S Mill St PROPERTY INFO
FACTS
- Built In 1957
- Price/Sqft : $77.09
CONSTRUCTION
- Beds : 0
- Floor Size : 1,027 sqft
- Baths : 0 Full
915 S Mill St SCHOOLS
Financial Details
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NEW ATHENS
Neighborhood : NEW ATHENS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $617 per month.
MY RENT : $617 MEDIAN RENT : $721
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 $617 would therefore be considered affordable for annual household incomes greater than $24,680 (12 months x 3.333 x $617).
HOUSEHOLD INCOME RANGE
Approximately 2,731 of households in this neighborhood have a total annual income of $24,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $617 per month.
MINIMUM INCOME RANGE : $24,680
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
NEW ATHENS Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 9.0% |
| Educational Services | 6.5% |
| Health Care & Social Assistance | 17.3% |
| Manufacturing | 11.8% |
| Retail & Wholesale Trader | 15.9% |
| Transportation | 8.0% |
| Other | 31.5% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 33% is 24 or younger and 14% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 19.4% |
| 15-19 | 8.6% |
| 20-24 | 5.1% |
| 25-44 | 24.1% |
| 45-65 | 28.5% |
| 66+ | 14.3% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 5.6% |
| Healthcare | 12.5% |
| Management, Business, & Financial | 13.4% |
| Natural Resources Maintenance | 12.9% |
| Production & Transportation | 20.5% |
| Sales & Office | 22.3% |
| Other | 12.8% |
HIGHEST EDUCATION LEVEL
19% 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 | 35.9% |
| Masters Degree | 4.4% |
| Some College | 25.8% |
| Some High School | 9.4% |
| Other | 11.9% |
915 S Mill St Comps
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915 S Mill St, New Athens, IL 62264 is a single family home of 1,027 sqft. HomeUnion INVESTimateĀ® for 915 S Mill St includes a Price Estimate of $79,175 and a Rent Estimate of $617. This single family home has 0 bedrooms,0 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 9.35% and Total Return of 12.08%. The estimated 1 year forecast in home value for 915 S Mill St is 4.77%.
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 62264 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
