INVESTimate
$44,662
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6540 Bossett PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $85.95
CONSTRUCTION
- Beds : 0
- Floor Size : 1,456 sqft
- Baths : 2 Full
6540 Bossett SCHOOLS
Financial Details
See Financial Details
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COOPERSVILLE
Neighborhood : COOPERSVILLE
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 : $1,178
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 1,663 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
68% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.
COOPERSVILLE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 5.6% |
Construction | 8.5% |
Educational Services | 5.6% |
Health Care & Social Assistance | 10.3% |
Manufacturing | 28.0% |
Retail & Wholesale Trader | 13.2% |
Other | 28.8% |
AGE DISTRIBUTION
49% of the population is between the ages of 25 and 64, 37% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 22.2% |
15-19 | 7.2% |
20-24 | 7.9% |
25-44 | 25.9% |
45-65 | 23.4% |
66+ | 13.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 6.3% |
Healthcare | 6.3% |
Management, Business, & Financial | 19.0% |
Natural Resources Maintenance | 8.7% |
Production & Transportation | 23.9% |
Sales & Office | 25.5% |
Other | 10.2% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.2% |
High School | 34.6% |
Masters Degree | 5.4% |
Some College | 22.8% |
Some High School | 7.8% |
Other | 17.1% |
6540 Bossett Comps
6540 Bossett, Coopersville, MI 49404 is a single family home of 1,456 sqft. HomeUnion INVESTimateĀ® for 6540 Bossett includes a Price Estimate of $125,141 and a Rent Estimate of $1,225. This single family home has 0 bedrooms,2 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 11.75% and Total Return of 38.22%. The estimated 1 year forecast in home value for 6540 Bossett is 8.83%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MI , MUSKEGON County , or the 49404 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2