INVESTimate
$49,629
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936 Pond Brook Ave PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $99.23
CONSTRUCTION
- Beds : 3
- Floor Size : 1,450 sqft
- Baths : 1 Full 1 Half
936 Pond Brook Ave SCHOOLS
Financial Details
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Prairie Springs
Neighborhood : Prairie Springs
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,214 per month.
MY RENT : $1,214 MEDIAN RENT : $1,214
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 $1,214 would therefore be considered affordable for annual household incomes greater than $48,560 (12 months x 3.333 x $1,214).
HOUSEHOLD INCOME RANGE
Approximately 31 of households in this neighborhood have a total annual income of $48,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,214 per month.
MINIMUM INCOME RANGE : $48,560
COMMUTE TIME DISTRIBUTION
49% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.
Prairie Springs Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.7% |
| Construction | 8.6% |
| Educational Services | 8.6% |
| Manufacturing | 9.7% |
| Retail & Wholesale Trader | 17.2% |
| Transportation | 7.5% |
| Other | 38.7% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 34% is 24 or younger and 11% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 23.2% |
| 15-19 | 5.6% |
| 20-24 | 5.6% |
| 25-44 | 28.3% |
| 45-65 | 26.3% |
| 66+ | 11.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 7.4% |
| Healthcare | 5.9% |
| Management, Business, & Financial | 23.5% |
| Natural Resources Maintenance | 14.7% |
| Production & Transportation | 8.8% |
| Sales & Office | 26.5% |
| Other | 13.2% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 6.7% |
| High School | 25.0% |
| Masters Degree | 2.9% |
| Some College | 34.6% |
| Some High School | 6.7% |
| Other | 24.0% |
936 Pond Brook Ave Comps
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936 Pond Brook Ave, Malta, IL 60150 is a single family home of 1,450 sqft. HomeUnion INVESTimateĀ® for 936 Pond Brook Ave includes a Price Estimate of $143,884 and a Rent Estimate of $1,214. This single family home has 3 bedrooms,2 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 10.12% and Total Return of 12.13%. The estimated 1 year forecast in home value for 936 Pond Brook Ave is 4.2%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , DEKALB County , or the 60150 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
