1. < I St

Sell Your Property on HomeUnion

Easily ACcess a network of motivated buyers
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

...MORE

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

1100 I St Anchorage, AK 99501

2 Beds 2 Baths 1,712 sqft Built 1946
Last updated:  Mar 30, 2018

INVESTimate

$385,056

$354K - $416K

Price Est.

$1,917

$1.7K - $2.1K

Rent Est.

$119,316

Investment Est.

$400,420  ( +3.99%)   1 YR EST. FORECAST

REAL ESTATE INVESTMENT PROPERTIES IN HOMEUNION

  
  
  

The following properties with Estimated Highest Gross Yields are available in markets where HomeUnion is currently offering investment properties.

  • 3699 Summit Dr NW Acworth, GA
    • 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1982
    AVAILABLE
    • 15.29% GROSS YIELD
    • $9,438 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $109,900
    • $70,772
    • $1,400
  • 6099 LEVERETT Drive Lithonia, GA
    • 3 beds 3 baths ∙ 1,512 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,512 Sqft ∙ Built 1987
    AVAILABLE fmls
    • 12.57% GROSS YIELD
    • $7,166 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $105,000
    • $40,900
    • $1,100
  • 5505 PANOLA DOWNS ROAD Lithonia, GA
    • 3 beds 2 baths ∙ 1,647 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,647 Sqft ∙ Built 1988
    AVAILABLE fmls
    • 12.52% GROSS YIELD
    • $7,840 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $115,000
    • $43,700
    • $1,200
  • 16801 BACHMANN AVE HUDSON, FL
    • 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 1971
    AVAILABLE
    • 12.25% GROSS YIELD
    • $5,984 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $99,900
    • $39,472
    • $1,020

PROPERTY INFO

FACTS
  • Built In 1946
  • Price/Sqft : $224.92
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,712 sqft
  • Baths : 1 Full 1 Half

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
INLET VIEW ELEMENTARY SCHOOL Primary Regular 230 14 7
INLET VIEW ELEMENTARY SCHOOL Middle Regular 230 14 7
WEST HIGH SCHOOL High Regular 1,840 85 6

INLET VIEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 230
  • # of teachers: 14
7
GreatSchools Rating

INLET VIEW ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 230
  • # of teachers: 14
7
GreatSchools Rating

WEST HIGH SCHOOL

  • Education Level: High
  • # of students: 1,840
  • # of teachers: 85
6
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

South Anchorage

  • 3,702

    POPULATION

  • 1,966

    HOUSEHOLDS

  • 75.7%

    WHITE COLLAR

Neighborhood : South Anchorage

HOUSEHOLDS
1,966
POPULATION

3,702

48.1%Renters
51.9%Home Owners
LABOR FORCE

 

75.7%White Collar
24.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 87% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,917 per month.

MY RENT : $1,917 MEDIAN RENT : $2,120

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 13.1%
>=$1,500 86.9%
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 $1,917 would therefore be considered affordable for annual household incomes greater than $76,680 (12 months x 3.333 x $1,917).

Rent % Affordability
Above $500 92.2%
Above $700 87.7%
Above $1,100 78.3%
Above $1,500 71.2%
Above $1,900 57.1%
HOUSEHOLD INCOME RANGE

Approximately 971 of households in this neighborhood have a total annual income of $76,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,917 per month.

MINIMUM INCOME RANGE : $76,680

Income % Distribution
<$20K 7.8%
$20K-$35K 8.0%
$35K-$60K 13.1%
$60K-$100K 28.5%
>=$100K 42.7%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 50% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 20.9%
10-14 mins 27.8%
15-19 mins 29.1%
20-29 mins 13.4%
30-44 mins 3.5%
45-59 mins 1.1%
>60 mins 2.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 87% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,917 per month.

MY RENT : $1,917 MEDIAN RENT : $2,120

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 13.1%
>=$1,500 86.9%
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 $1,917 would therefore be considered affordable for annual household incomes greater than $76,680 (12 months x 3.333 x $1,917).

Rent % Affordability
Above $500 92.2%
Above $700 87.7%
Above $1,100 78.3%
Above $1,500 71.2%
Above $1,900 57.1%
HOUSEHOLD INCOME RANGE

Approximately 971 of households in this neighborhood have a total annual income of $76,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,917 per month.

MINIMUM INCOME RANGE : $76,680

Income % Distribution
<$20K 7.8%
$20K-$35K 8.0%
$35K-$60K 13.1%
$60K-$100K 28.5%
>=$100K 42.7%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 50% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 20.9%
10-14 mins 27.8%
15-19 mins 29.1%
20-29 mins 13.4%
30-44 mins 3.5%
45-59 mins 1.1%
>60 mins 2.7%
Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 7.2%
Educational Services 8.1%
Health Care & Social Assistance 19.4%
Professional & Scientific Tech Services 14.2%
Public Administration 6.4%
Retail & Wholesale Trader 10.9%
Other 34.0%
OCCUPATION

           

Occupation % Distribution
Computer Engineering 12.3%
Healthcare 11.1%
Management, Business, & Financial 28.7%
Natural Resources Maintenance 7.4%
Production & Transportation 6.1%
Sales & Office 16.9%
Other 17.5%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 7.6%
15-19 2.6%
20-24 7.5%
25-44 29.4%
45-65 32.2%
66+ 20.7%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor?s degree or higher.

Education Level % Distribution
Associates Degree 5.1%
High School 12.6%
Masters Degree 13.0%
Professional 9.3%
Some College 22.4%
Other 37.6%

Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.2%
Educational Services 8.1%
Health Care & Social Assistance 19.4%
Professional & Scientific Tech Services 14.2%
Public Administration 6.4%
Retail & Wholesale Trader 10.9%
Other 34.0%
AGE DISTRIBUTION

62% of the population is between the ages of 25 and 64, 18% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 7.6%
15-19 2.6%
20-24 7.5%
25-44 29.4%
45-65 32.2%
66+ 20.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 12.3%
Healthcare 11.1%
Management, Business, & Financial 28.7%
Natural Resources Maintenance 7.4%
Production & Transportation 6.1%
Sales & Office 16.9%
Other 17.5%
HIGHEST EDUCATION LEVEL

30% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.1%
High School 12.6%
Masters Degree 13.0%
Professional 9.3%
Some College 22.4%
Other 37.6%

Comps

Sorry, we do not have sufficient data available.
Resources
Contact
866-732-3220 866-732-3220
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2010 Main Street, Suite #250, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

© 2018 HomeUnion, Inc. All Rights Reserved.