Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

976 Virginia Ave Bennett, IA 52721

3 Beds 1 Baths 2,120 sqft Built 1900
Last updated:  Jan 23, 2020

INVESTimate

$113,329

$106K - $121K

Price Est.

$942

824 - $1.1K

Rent Est.

$116,910  ( +3.16%)   1 YR EST. FORECAST

976 Virginia Ave PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $53.46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,120 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
976 Virginia Ave, Bennett, IA 52721 is a single family home of 2,120 sqft. HomeUnion estimate for 976 Virginia Ave includes a Price Estimate of $113,329 and a Rent Estimate of $942. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 9.97% and Total Return of 21.11%. The estimated 1 year forecast in home value for 976 Virginia Ave is 3.16%.
  
  
  

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

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 3530 PIEDMONT ROAD Atlanta, GA
    • 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units
    AVAILABLE fmls
    • 13.73% GROSS YIELD
    • $10,605 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $229,000
    • $66,435
    • $2,620
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 724 HAMBY ROAD Clyde, TX
    • 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1997 ∙ 1units 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1997 ∙ 1units
    AVAILABLE
    • 12.30% GROSS YIELD
    • $7,139 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $37,550
    • $1,230

976 Virginia Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH CEDAR HIGH SCHOOL High Regular 256 19 4

NORTH CEDAR HIGH SCHOOL

  • Education Level: High
  • # of students: 256
  • # of teachers: 19
4
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

BENNETT

  • 757

    POPULATION
  • 302

    HOUSEHOLDS
  • 62.5%

    WHITE COLLAR

Neighborhood : BENNETT

HOUSEHOLDS
302
POPULATION

757

12.4%Renters
87.6%Home Owners
LABOR FORCE

 

62.5%White Collar
37.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $942 per month.

MY RENT : $942 MEDIAN RENT : $1,003

Rent % Distribution LEVEL
$500-699 3.0%
$700-899 30.9%
$900-999 15.7%
$1,000-1,499 45.8%
>=$1,500 4.7%
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 $942 would therefore be considered affordable for annual household incomes greater than $37,680 (12 months x 3.333 x $942).

Rent % Affordability
Above $500 90.2%
Above $700 85.1%
Above $1,100 72.9%
Above $1,500 58.4%
Above $1,900 42.3%
HOUSEHOLD INCOME RANGE

Approximately 201 of households in this neighborhood have a total annual income of $37,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $942 per month.

MINIMUM INCOME RANGE : $37,680

Income % Distribution
<$20K 9.8%
$20K-$35K 11.1%
$35K-$60K 20.7%
$60K-$100K 30.5%
>=$100K 27.9%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.9%
5-9 mins 3.7%
10-14 mins 14.7%
15-19 mins 16.2%
20-29 mins 16.0%
30-44 mins 27.5%
45-59 mins 13.6%
>60 mins 5.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $942 per month.

MY RENT : $942 MEDIAN RENT : $1,003

Rent % Distribution
$500-699 3.0%
$700-899 30.9%
$900-999 15.7%
$1,000-1,499 45.8%
>=$1,500 4.7%
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 $942 would therefore be considered affordable for annual household incomes greater than $37,680 (12 months x 3.333 x $942).

Rent % Affordability
Above $500 90.2%
Above $700 85.1%
Above $1,100 72.9%
Above $1,500 58.4%
Above $1,900 42.3%
HOUSEHOLD INCOME RANGE

Approximately 201 of households in this neighborhood have a total annual income of $37,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $942 per month.

MINIMUM INCOME RANGE : $37,680

Income % Distribution
<$20K 9.8%
$20K-$35K 11.1%
$35K-$60K 20.7%
$60K-$100K 30.5%
>=$100K 27.9%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.9%
5-9 mins 3.7%
10-14 mins 14.7%
15-19 mins 16.2%
20-29 mins 16.0%
30-44 mins 27.5%
45-59 mins 13.6%
>60 mins 5.5%

BENNETT Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.1%
Construction 10.8%
Health Care & Social Assistance 14.4%
Manufacturing 17.1%
Public Administration 6.6%
Retail & Wholesale Trader 18.3%
Other 24.7%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 34% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 20.6%
15-19 5.3%
20-24 7.8%
25-44 25.2%
45-65 24.4%
66+ 16.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.8%
Healthcare 6.5%
Management, Business, & Financial 28.0%
Natural Resources Maintenance 19.1%
Production & Transportation 14.7%
Sales & Office 17.1%
Other 9.9%
HIGHEST EDUCATION LEVEL

23% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 15.9%
High School 39.6%
Masters Degree 6.8%
Some College 18.7%
Some High School 4.8%
Other 14.1%

976 Virginia Ave Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IA , CEDAR County , or the 52721 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 2121 210th St

Nearest zipcodes within 2 miles

  1. 52255
  2. 52777