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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.

156 Fourth St Gretna, FL 32332

4 Beds 2 Baths 1,988 sqft Built 1940
Last updated:  Jan 23, 2020

INVESTimate

$132,750

$115K - $151K

Price Est.

$1,318

$1.1K - $1.5K

Rent Est.

$137,091  ( +3.27%)   1 YR EST. FORECAST

156 Fourth St PROPERTY INFO

FACTS
  • Built In 1940
  • Price/Sqft : $66.78
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,988 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
156 Fourth St, Gretna, FL 32332 is a single family home of 1,988 sqft. HomeUnion estimate for 156 Fourth St includes a Price Estimate of $132,750 and a Rent Estimate of $1,318. This single family home has 4 bedrooms, 2 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 11.91% and Total Return of 20.64%. The estimated 1 year forecast in home value for 156 Fourth St is 3.27%.
  
  
  

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156 Fourth St SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

GRETNA

  • 1,803

    POPULATION
  • 689

    HOUSEHOLDS
  • 62.8%

    WHITE COLLAR

Neighborhood : GRETNA

HOUSEHOLDS
689
POPULATION

1,803

24.5%Renters
75.5%Home Owners
LABOR FORCE

 

62.8%White Collar
37.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 5% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,318 per month.

MY RENT : $1,318 MEDIAN RENT : $823

Rent % Distribution LEVEL
$500-699 0.3%
$700-899 68.0%
$900-999 17.7%
$1,000-1,499 13.5%
>=$1,500 0.6%
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 $1,318 would therefore be considered affordable for annual household incomes greater than $52,720 (12 months x 3.333 x $1,318).

Rent % Affordability
Above $500 76.0%
Above $700 65.7%
Above $1,100 43.5%
Above $1,500 25.1%
Above $1,900 14.2%
HOUSEHOLD INCOME RANGE

Approximately 199 of households in this neighborhood have a total annual income of $52,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,318 per month.

MINIMUM INCOME RANGE : $52,720

Income % Distribution
<$20K 24.0%
$20K-$35K 19.3%
$35K-$60K 31.5%
$60K-$100K 16.7%
>=$100K 8.4%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 7.0%
10-14 mins 20.7%
15-19 mins 11.3%
20-29 mins 11.8%
30-44 mins 20.7%
45-59 mins 12.6%
>60 mins 13.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 5% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,318 per month.

MY RENT : $1,318 MEDIAN RENT : $823

Rent % Distribution
$500-699 0.3%
$700-899 68.0%
$900-999 17.7%
$1,000-1,499 13.5%
>=$1,500 0.6%
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 $1,318 would therefore be considered affordable for annual household incomes greater than $52,720 (12 months x 3.333 x $1,318).

Rent % Affordability
Above $500 76.0%
Above $700 65.7%
Above $1,100 43.5%
Above $1,500 25.1%
Above $1,900 14.2%
HOUSEHOLD INCOME RANGE

Approximately 199 of households in this neighborhood have a total annual income of $52,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,318 per month.

MINIMUM INCOME RANGE : $52,720

Income % Distribution
<$20K 24.0%
$20K-$35K 19.3%
$35K-$60K 31.5%
$60K-$100K 16.7%
>=$100K 8.4%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 7.0%
10-14 mins 20.7%
15-19 mins 11.3%
20-29 mins 11.8%
30-44 mins 20.7%
45-59 mins 12.6%
>60 mins 13.3%

GRETNA Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.5%
Construction 7.7%
Educational Services 15.3%
Health Care & Social Assistance 22.4%
Public Administration 8.6%
Retail & Wholesale Trader 12.5%
Other 23.1%
AGE DISTRIBUTION

50% 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 16.7%
15-19 9.7%
20-24 10.3%
25-44 20.7%
45-65 29.3%
66+ 13.3%
OCCUPATION

Occupation % Distribution
Clean 10.5%
Healthcare 11.0%
Management, Business, & Financial 19.5%
Natural Resources Maintenance 10.3%
Sales & Office 15.2%
Social 10.3%
Other 23.1%
HIGHEST EDUCATION LEVEL

9% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Doctorate 2.3%
High School 40.1%
Masters Degree 4.2%
Some College 19.3%
Some High School 21.3%
Other 12.8%

156 Fourth St Comps

Sorry, we do not have sufficient data available.

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