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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

524 N Main St Veyo, UT 84782

4 Beds 2 Baths 1,653 sqft Built 2006
Last updated:  Jun 30, 2018

INVESTimate

$230,741

$207K - $254K

Price Est.

$1,305

$1.2K - $1.4K

Rent Est.

$242,486  ( +5.09%)   1 YR EST. FORECAST
  
  
  

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524 N Main St PROPERTY INFO

FACTS
  • Built In 2006
  • Price/Sqft : $139.59
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,653 sqft
  • Baths : 2 Full

524 N Main St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DIAMOND VALLEY ELEMENTARY SCHOOL Primary Regular 272 13 9
TONAQUINT INTERMEDIATE SCHOOL Middle Regular 668 32 8
DIXIE HIGH SCHOOL High Regular 1,041 49 7

DIAMOND VALLEY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 272
  • # of teachers: 13
9
GreatSchools Rating

TONAQUINT INTERMEDIATE SCHOOL

  • Education Level: Middle
  • # of students: 668
  • # of teachers: 32
8
GreatSchools Rating

DIXIE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,041
  • # of teachers: 49
7
GreatSchools Rating
 

Financial Details

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Neighborhood

VEYO

  • 881

    POPULATION
  • 331

    HOUSEHOLDS
  • 68.6%

    WHITE COLLAR

Neighborhood : VEYO

HOUSEHOLDS
331
POPULATION

881

11.2%Renters
88.8%Home Owners
LABOR FORCE

 

68.6%White Collar
31.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,384 per month.

MY RENT : $1,384 MEDIAN RENT : $1,487

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 3.9%
$900-999 4.6%
$1,000-1,499 42.4%
>=$1,500 49.1%
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 $1,384 would therefore be considered affordable for annual household incomes greater than $55,360 (12 months x 3.333 x $1,384).

Rent % Affordability
Above $500 90.2%
Above $700 83.8%
Above $1,100 64.4%
Above $1,500 48.5%
Above $1,900 33.7%
HOUSEHOLD INCOME RANGE

Approximately 167 of households in this neighborhood have a total annual income of $55,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,384 per month.

MINIMUM INCOME RANGE : $55,360

Income % Distribution
<$20K 9.8%
$20K-$35K 12.2%
$35K-$60K 29.6%
$60K-$100K 31.7%
>=$100K 16.8%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 7.9%
10-14 mins 12.0%
15-19 mins 4.7%
20-29 mins 32.5%
30-44 mins 29.3%
45-59 mins 2.6%
>60 mins 9.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,384 per month.

MY RENT : $1,384 MEDIAN RENT : $1,487

Rent % Distribution
$500-699 0.0%
$700-899 3.9%
$900-999 4.6%
$1,000-1,499 42.4%
>=$1,500 49.1%
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 $1,384 would therefore be considered affordable for annual household incomes greater than $55,360 (12 months x 3.333 x $1,384).

Rent % Affordability
Above $500 90.2%
Above $700 83.8%
Above $1,100 64.4%
Above $1,500 48.5%
Above $1,900 33.7%
HOUSEHOLD INCOME RANGE

Approximately 167 of households in this neighborhood have a total annual income of $55,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,384 per month.

MINIMUM INCOME RANGE : $55,360

Income % Distribution
<$20K 9.8%
$20K-$35K 12.2%
$35K-$60K 29.6%
$60K-$100K 31.7%
>=$100K 16.8%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 7.9%
10-14 mins 12.0%
15-19 mins 4.7%
20-29 mins 32.5%
30-44 mins 29.3%
45-59 mins 2.6%
>60 mins 9.4%

VEYO Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 7.2%
Construction 6.4%
Educational Services 13.2%
Health Care & Social Assistance 10.8%
Professional & Scientific Tech Services 9.2%
Retail & Wholesale Trader 19.6%
Other 33.6%
AGE DISTRIBUTION

43% of the population is between the ages of 25 and 64, 16% is 24 or younger and 41% is 65 or older.

Age % Distribution
<15 12.7%
15-19 1.1%
20-24 2.2%
25-44 18.4%
45-65 25.1%
66+ 40.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.0%
Construction 8.9%
Healthcare 17.1%
Management, Business, & Financial 10.8%
Natural Resources Maintenance 25.3%
Sales & Office 13.9%
Other 17.1%
HIGHEST EDUCATION LEVEL

24% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.9%
High School 23.6%
Masters Degree 8.7%
Some College 31.2%
Some High School 3.7%
Other 19.9%

524 N Main St Comps

Sorry, we do not have sufficient data available.

524 N Main St, Veyo, UT 84782 is a single family home of 1,653 sqft. HomeUnion INVESTimateĀ® for 524 N Main St includes a Price Estimate of $230,741 and a Rent Estimate of $1,305. This single family home has 4 bedrooms,2 bathrooms, and was built in 2006. This property has an estimated 15 year annualized Yield of 6.79% and Total Return of 19.83%. The estimated 1 year forecast in home value for 524 N Main St is 5.09%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in UT , WASHINGTON County , or the 84782 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2