Sell Your Property on INVESTimate

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

125 W 15th Ave Anchorage, AK 99501

2 Beds 2 Baths 1,088 sqft Built 1947
Last updated:  May 30, 2018

INVESTimate

$255,290

$217K - $294K

Price Est.

$1,734

$1.6K - $1.9K

Rent Est.

$265,476  ( +3.99%)   1 YR EST. FORECAST
  
  
  

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

  • 13610 PRIMWOOD ST San Antonio, TX
    • 3 beds 2 baths ∙ 1,142 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,142 Sqft ∙ Built 1980
    AVAILABLE
    • 13.81% GROSS YIELD
    • $5,496 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $89,500
    • $36,560
    • $1,030
  • 5820 UNION WALK DRIVE Union City, GA
    • 3 beds 3 baths ∙ 1,520 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,520 Sqft ∙ Built 2006
    AVAILABLE fmls
    • 12.55% GROSS YIELD
    • $7,549 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $42,300
    • $1,150
  • 4890 ARDSLEY DRIVE Lithonia, GA
    • 3 beds 3 baths ∙ 2,591 Sqft ∙ Built 1989 3 beds 3 baths ∙ 2,591 Sqft ∙ Built 1989
    AVAILABLE fmls
    • 12.50% GROSS YIELD
    • $7,986 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $45,100
    • $1,250
  • 9402 N Semmes STREET Tampa, FL
    • 7 beds 4 baths ∙ 2,016 Sqft ∙ Built 1988 ∙ 2units 7 beds 4 baths ∙ 2,016 Sqft ∙ Built 1988 ∙ 2units
    AVAILABLE
    • 12.45% GROSS YIELD
    • $15,072 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $269,900
    • $87,072
    • $2,800

125 W 15th Ave PROPERTY INFO

FACTS
  • Built In 1947
  • Price/Sqft : $234.64
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,088 sqft
  • Baths : 2 Full

125 W 15th Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH STAR ELEMENTARY SCHOOL Primary Regular 363 30 3
CENTRAL MIDDLE SCHOOL Middle Regular 588 37 5
WEST HIGH SCHOOL High Regular 1,840 85 6

NORTH STAR ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 363
  • # of teachers: 30
3
GreatSchools Rating

CENTRAL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 588
  • # of teachers: 37
5
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 $1,734 per month.

MY RENT : $1,734 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 $1,734 would therefore be considered affordable for annual household incomes greater than $69,360 (12 months x 3.333 x $1,734).

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 1,012 of households in this neighborhood have a total annual income of $69,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,734 per month.

MINIMUM INCOME RANGE : $69,360

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 $1,734 per month.

MY RENT : $1,734 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 $1,734 would therefore be considered affordable for annual household incomes greater than $69,360 (12 months x 3.333 x $1,734).

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 1,012 of households in this neighborhood have a total annual income of $69,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,734 per month.

MINIMUM INCOME RANGE : $69,360

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%

South Anchorage 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%

125 W 15th Ave Comps

Sorry, we do not have sufficient data available.

125 W 15th Ave, Anchorage, AK 99501 is a single family home of 1,088 sqft. HomeUnion INVESTimate® for 125 W 15th Ave includes a Price Estimate of $255,290 and a Rent Estimate of $1,734. This single family home has 2 bedrooms,2 bathrooms, and was built in 1947. This property has an estimated 15 year annualized Yield of 8.15% and Total Return of 14.97%. The estimated 1 year forecast in home value for 125 W 15th Ave is 3.99%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AK, ANCHORAGE County, or the 99501 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2