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

131 W Harvard Ave Anchorage, AK 99501

4 Beds 2 Baths 1,278 sqft Built 1953
Last updated:  Mar 30, 2018

INVESTimate

$377,284

$347K - $408K

Price Est.

$1,862

$1.6K - $2.1K

Rent Est.

$392,338  ( +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.

  • 3024 VAN AKEN BLVD Shaker Heights, OH
    • 4 beds 3 baths ∙ 1,988 Sqft ∙ Built 1964 4 beds 3 baths ∙ 1,988 Sqft ∙ Built 1964
    AVAILABLE
    • 16.99% GROSS YIELD
    • $7,599 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,999
    • $50,875
    • $1,770
  • 3703 Daleford ROAD Shaker Heights, OH
    • 4 beds 3 baths ∙ 2,940 Sqft ∙ Built 1930 ∙ 2units 4 beds 3 baths ∙ 2,940 Sqft ∙ Built 1930 ∙ 2units
    AVAILABLE
    • 16.86% GROSS YIELD
    • $8,866 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $137,000
    • $48,905
    • $1,925
  • 13657 CEDAR RD University Heights, OH
    • 3 beds 2 baths ∙ 1,575 Sqft ∙ Built 1932 3 beds 2 baths ∙ 1,575 Sqft ∙ Built 1932
    AVAILABLE
    • 15.73% GROSS YIELD
    • $5,846 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $89,999
    • $39,850
    • $1,180
  • 3518 Palmerston Rd Shaker Heights, OH
    • 3 beds 3 baths ∙ 1,911 Sqft ∙ Built 1951 3 beds 3 baths ∙ 1,911 Sqft ∙ Built 1951
    AVAILABLE
    • 15.69% GROSS YIELD
    • $7,354 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $130,000
    • $52,450
    • $1,700

PROPERTY INFO

FACTS
  • Built In 1953
  • Price/Sqft : $295.21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,278 sqft
  • Baths : 2 Full

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GOVERNMENT HILL ELEMENTARY SCHOOL Primary Regular 481 27 7
GOVERNMENT HILL ELEMENTARY SCHOOL Middle Regular 481 27 7
WEST HIGH SCHOOL High Regular 1,840 85 6

GOVERNMENT HILL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 481
  • # of teachers: 27
7
GreatSchools Rating

GOVERNMENT HILL ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 481
  • # of teachers: 27
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

West Government Hill

  • 51

    POPULATION
  • 25

    HOUSEHOLDS
  • 73.4%

    WHITE COLLAR

Neighborhood : West Government Hill

HOUSEHOLDS
25
POPULATION

51

40.0%Renters
60.0%Home Owners
LABOR FORCE

 

73.4%White Collar
26.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 94% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,862 per month.

MY RENT : $1,862 MEDIAN RENT : $2,229

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 6.1%
>=$1,500 93.9%
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 $1,862 would therefore be considered affordable for annual household incomes greater than $74,480 (12 months x 3.333 x $1,862).

Rent % Affordability
Above $500 94.7%
Above $700 89.5%
Above $1,100 84.2%
Above $1,500 78.9%
Above $1,900 73.1%
HOUSEHOLD INCOME RANGE

Approximately 12 of households in this neighborhood have a total annual income of $74,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,862 per month.

MINIMUM INCOME RANGE : $74,480

Income % Distribution
<$20K 5.3%
$20K-$35K 5.3%
$35K-$60K 10.5%
$60K-$100K 21.1%
>=$100K 57.9%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 17.2%
10-14 mins 20.7%
15-19 mins 27.6%
20-29 mins 27.6%
30-44 mins 3.4%
45-59 mins 0.0%
>60 mins 0.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 94% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,862 per month.

MY RENT : $1,862 MEDIAN RENT : $2,229

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 6.1%
>=$1,500 93.9%
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 $1,862 would therefore be considered affordable for annual household incomes greater than $74,480 (12 months x 3.333 x $1,862).

Rent % Affordability
Above $500 94.7%
Above $700 89.5%
Above $1,100 84.2%
Above $1,500 78.9%
Above $1,900 73.1%
HOUSEHOLD INCOME RANGE

Approximately 12 of households in this neighborhood have a total annual income of $74,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,862 per month.

MINIMUM INCOME RANGE : $74,480

Income % Distribution
<$20K 5.3%
$20K-$35K 5.3%
$35K-$60K 10.5%
$60K-$100K 21.1%
>=$100K 57.9%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 17.2%
10-14 mins 20.7%
15-19 mins 27.6%
20-29 mins 27.6%
30-44 mins 3.4%
45-59 mins 0.0%
>60 mins 0.0%

Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.0%
Arts & Entertainment 16.7%
Educational Services 16.7%
Health Care & Social Assistance 10.0%
Professional & Scientific Tech Services 13.3%
Transportation 13.3%
Other 20.0%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 25% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 19.6%
15-19 2.0%
20-24 3.9%
25-44 23.5%
45-65 35.3%
66+ 15.7%
OCCUPATION

Occupation % Distribution
Adesm 10.0%
Computer Engineering 10.0%
Construction 10.0%
Management, Business, & Financial 25.0%
Protect 10.0%
Sales & Office 10.0%
Other 25.0%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.0%
High School 23.3%
Masters Degree 7.0%
Some College 16.3%
Some High School 4.7%
Other 41.9%

Comps

Sorry, we do not have sufficient data available.