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This page contains information about each property aggregated from public data sources, 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.

1270 Alleghany Spring Rd Shawsville, VA 24162

3 Beds 2 Baths 1,144 sqft Built 1975
Last updated:  Jan 23, 2020

INVESTimate

$163,239

$158K - $168K

Price Est.

$1,185

$1.1K - $1.3K

Rent Est.

$164,724  ( +0.91%)   1 YR EST. FORECAST

1270 Alleghany Spring Rd PROPERTY INFO

FACTS
  • Built In 1975
  • Price/Sqft : $142.69
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,144 sqft
  • Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
1270 Alleghany Spring Rd, Shawsville, VA 24162 is a single family home of 1,144 sqft. HomeUnion estimate for 1270 Alleghany Spring Rd includes a Price Estimate of $163,239 and a Rent Estimate of $1,185. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 8.71% and Total Return of 17.43%. The estimated 1 year forecast in home value for 1270 Alleghany Spring Rd is 0.91%.
  
  
  

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1270 Alleghany Spring Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EASTERN MONTGOMERY ELEMENTARY SCHOOL Primary Regular 524 33 2
SHAWSVILLE MIDDLE SCHOOL Middle Regular 219 21 3
EASTERN MONTGOMERY HIGH SCHOOL High Regular 284 28 4

EASTERN MONTGOMERY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 524
  • # of teachers: 33
2
GreatSchools Rating

SHAWSVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 219
  • # of teachers: 21
3
GreatSchools Rating

EASTERN MONTGOMERY HIGH SCHOOL

  • Education Level: High
  • # of students: 284
  • # of teachers: 28
4
GreatSchools Rating
 

Financial Details

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Neighborhood

SHAWSVILLE

  • 1,825

    POPULATION
  • 780

    HOUSEHOLDS
  • 42.2%

    WHITE COLLAR

Neighborhood : SHAWSVILLE

HOUSEHOLDS
780
POPULATION

1,825

26.0%Renters
74.0%Home Owners
LABOR FORCE

 

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

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,185 per month.

MY RENT : $1,185 MEDIAN RENT : $1,073

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 16.7%
$1,000-1,499 77.4%
>=$1,500 5.9%
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 $1,185 would therefore be considered affordable for annual household incomes greater than $47,400 (12 months x 3.333 x $1,185).

Rent % Affordability
Above $500 88.5%
Above $700 77.6%
Above $1,100 55.2%
Above $1,500 36.8%
Above $1,900 17.7%
HOUSEHOLD INCOME RANGE

Approximately 341 of households in this neighborhood have a total annual income of $47,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,185 per month.

MINIMUM INCOME RANGE : $47,400

Income % Distribution
<$20K 11.5%
$20K-$35K 20.3%
$35K-$60K 31.5%
$60K-$100K 25.4%
>=$100K 11.5%
COMMUTE TIME DISTRIBUTION

77% of the working population has a commute time of 15 to 44 minutes, 11% 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 3.8%
5-9 mins 3.2%
10-14 mins 3.5%
15-19 mins 11.6%
20-29 mins 34.1%
30-44 mins 31.8%
45-59 mins 2.6%
>60 mins 9.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,185 per month.

MY RENT : $1,185 MEDIAN RENT : $1,073

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 16.7%
$1,000-1,499 77.4%
>=$1,500 5.9%
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 $1,185 would therefore be considered affordable for annual household incomes greater than $47,400 (12 months x 3.333 x $1,185).

Rent % Affordability
Above $500 88.5%
Above $700 77.6%
Above $1,100 55.2%
Above $1,500 36.8%
Above $1,900 17.7%
HOUSEHOLD INCOME RANGE

Approximately 341 of households in this neighborhood have a total annual income of $47,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,185 per month.

MINIMUM INCOME RANGE : $47,400

Income % Distribution
<$20K 11.5%
$20K-$35K 20.3%
$35K-$60K 31.5%
$60K-$100K 25.4%
>=$100K 11.5%
COMMUTE TIME DISTRIBUTION

77% of the working population has a commute time of 15 to 44 minutes, 11% 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 3.8%
5-9 mins 3.2%
10-14 mins 3.5%
15-19 mins 11.6%
20-29 mins 34.1%
30-44 mins 31.8%
45-59 mins 2.6%
>60 mins 9.4%

SHAWSVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.3%
Construction 12.1%
Educational Services 10.6%
Health Care & Social Assistance 15.6%
Manufacturing 17.2%
Retail & Wholesale Trader 8.6%
Other 27.7%
AGE DISTRIBUTION

66% of the population is between the ages of 25 and 64, 17% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 5.9%
15-19 4.0%
20-24 7.2%
25-44 26.6%
45-65 39.4%
66+ 16.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.4%
Education 11.6%
Healthcare 13.1%
Natural Resources Maintenance 14.1%
Production & Transportation 20.2%
Sales & Office 19.7%
Other 14.9%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.4%
High School 36.8%
Masters Degree 1.5%
Some College 30.7%
Some High School 11.2%
Other 12.4%

1270 Alleghany Spring Rd Comps

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