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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

26631 Middle Tom Beall Rd Lapwai, ID 83540

4 Beds 2 Baths 992 sqft Built 1968
Last updated:  Jul 30, 2018

INVESTimate

$192,494

$171K - $214K

Price Est.

$1,147

995 - $1.3K

Rent Est.

$201,291  ( +4.57%)   1 YR EST. FORECAST
  
  
  

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26631 Middle Tom Beall Rd PROPERTY INFO

FACTS
  • Built In 1968
  • Price/Sqft : $194.05
CONSTRUCTION
  • Beds : 4
  • Floor Size : 992 sqft
  • Baths : 2 Full

26631 Middle Tom Beall Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAPWAI ELEMENTARY SCHOOL Primary Regular 291 22 1
LAPWAI MIDDLE-HIGH SCHOOL Middle Regular 238 18 1
LAPWAI MIDDLE-HIGH SCHOOL High Regular 238 18 1

LAPWAI ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 291
  • # of teachers: 22
1
GreatSchools Rating

LAPWAI MIDDLE-HIGH SCHOOL

  • Education Level: Middle
  • # of students: 238
  • # of teachers: 18
1
GreatSchools Rating

LAPWAI MIDDLE-HIGH SCHOOL

  • Education Level: High
  • # of students: 238
  • # of teachers: 18
1
GreatSchools Rating
 

Financial Details

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Neighborhood

LAPWAI

  • 2,366

    POPULATION
  • 725

    HOUSEHOLDS
  • 57.8%

    WHITE COLLAR

Neighborhood : LAPWAI

HOUSEHOLDS
725
POPULATION

2,366

39.6%Renters
60.4%Home Owners
LABOR FORCE

 

57.8%White Collar
42.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,158 per month.

MY RENT : $1,158 MEDIAN RENT : $904

Rent % Distribution LEVEL
$500-699 9.9%
$700-899 39.6%
$900-999 11.7%
$1,000-1,499 34.7%
>=$1,500 4.1%
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 $1,158 would therefore be considered affordable for annual household incomes greater than $46,320 (12 months x 3.333 x $1,158).

Rent % Affordability
Above $500 81.6%
Above $700 74.1%
Above $1,100 52.0%
Above $1,500 36.3%
Above $1,900 24.0%
HOUSEHOLD INCOME RANGE

Approximately 310 of households in this neighborhood have a total annual income of $46,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,158 per month.

MINIMUM INCOME RANGE : $46,320

Income % Distribution
<$20K 18.4%
$20K-$35K 17.3%
$35K-$60K 27.9%
$60K-$100K 21.7%
>=$100K 14.6%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 42% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 12.3%
5-9 mins 17.2%
10-14 mins 12.9%
15-19 mins 9.2%
20-29 mins 23.3%
30-44 mins 18.0%
45-59 mins 3.0%
>60 mins 4.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,158 per month.

MY RENT : $1,158 MEDIAN RENT : $904

Rent % Distribution
$500-699 9.9%
$700-899 39.6%
$900-999 11.7%
$1,000-1,499 34.7%
>=$1,500 4.1%
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 $1,158 would therefore be considered affordable for annual household incomes greater than $46,320 (12 months x 3.333 x $1,158).

Rent % Affordability
Above $500 81.6%
Above $700 74.1%
Above $1,100 52.0%
Above $1,500 36.3%
Above $1,900 24.0%
HOUSEHOLD INCOME RANGE

Approximately 310 of households in this neighborhood have a total annual income of $46,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,158 per month.

MINIMUM INCOME RANGE : $46,320

Income % Distribution
<$20K 18.4%
$20K-$35K 17.3%
$35K-$60K 27.9%
$60K-$100K 21.7%
>=$100K 14.6%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 42% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 12.3%
5-9 mins 17.2%
10-14 mins 12.9%
15-19 mins 9.2%
20-29 mins 23.3%
30-44 mins 18.0%
45-59 mins 3.0%
>60 mins 4.1%

LAPWAI Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 14.9%
Educational Services 7.9%
Health Care & Social Assistance 12.1%
Manufacturing 9.0%
Public Administration 15.2%
Retail & Wholesale Trader 11.2%
Other 29.7%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 38% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 23.0%
15-19 7.7%
20-24 7.7%
25-44 23.7%
45-65 22.4%
66+ 15.6%
OCCUPATION

Occupation % Distribution
Clean 5.4%
Construction 6.9%
Management, Business, & Financial 15.4%
Natural Resources Maintenance 11.3%
Production & Transportation 16.1%
Sales & Office 25.4%
Other 19.5%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.4%
High School 28.1%
Masters Degree 4.3%
Some College 35.5%
Some High School 9.3%
Other 13.4%

26631 Middle Tom Beall Rd Comps

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26631 Middle Tom Beall Rd, Lapwai, ID 83540 is a single family home of 992 sqft. HomeUnion INVESTimateĀ® for 26631 Middle Tom Beall Rd includes a Price Estimate of $192,494 and a Rent Estimate of $1,147. This single family home has 4 bedrooms,2 bathrooms, and was built in 1968. This property has an estimated 15 year annualized Yield of 7.15% and Total Return of 18.90%. The estimated 1 year forecast in home value for 26631 Middle Tom Beall Rd is 4.57%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in ID , NEZ PERCE County , or the 83540 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2