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1631 Eastridge Dr 8-303 PROPERTY INFO
FACTS
- Built In 1983
- Price/Sqft : $186.68
CONSTRUCTION
- Beds : 2
- Floor Size : 868 sqft
- Baths : 1 Full
1631 Eastridge Dr 8-303 SCHOOLS
Financial Details
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Eastridge
Neighborhood : Eastridge
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,270 per month.
MY RENT : $1,270 MEDIAN RENT : $1,867
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 $1,270 would therefore be considered affordable for annual household incomes greater than $50,800 (12 months x 3.333 x $1,270).
HOUSEHOLD INCOME RANGE
Approximately 255 of households in this neighborhood have a total annual income of $50,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,270 per month.
MINIMUM INCOME RANGE : $50,800
COMMUTE TIME DISTRIBUTION
34% of the working population has a commute time of 15 to 44 minutes, 64% has a commute time of 14 minutes or less and 1% has a commute time of 45 minutes or longer.
Eastridge Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Health Care & Social Assistance | 21.9% |
Information | 7.6% |
Professional & Scientific Tech Services | 12.3% |
Public Administration | 15.5% |
Retail & Wholesale Trader | 10.3% |
Transportation | 9.3% |
Other | 23.1% |
AGE DISTRIBUTION
78% of the population is between the ages of 25 and 64, 13% is 24 or younger and 9% is 65 or older.
Age | % Distribution |
---|---|
<15 | 8.3% |
15-19 | 2.7% |
20-24 | 1.6% |
25-44 | 36.2% |
45-65 | 41.9% |
66+ | 9.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 9.6% |
Healthcare | 12.8% |
Management, Business, & Financial | 15.5% |
Natural Resources Maintenance | 8.8% |
Production & Transportation | 11.0% |
Sales & Office | 20.9% |
Other | 21.4% |
HIGHEST EDUCATION LEVEL
33% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 11.2% |
Doctorate | 8.6% |
High School | 8.1% |
Masters Degree | 11.7% |
Some College | 23.3% |
Other | 37.1% |
1631 Eastridge Dr 8-303 Comps
1631 Eastridge Dr 8-303, Anchorage, AK 99501 is a single family home of 868 sqft. HomeUnion INVESTimate® for 1631 Eastridge Dr 8-303 includes a Price Estimate of $162,037 and a Rent Estimate of $1,270. This single family home has 2 bedrooms,1 bathrooms, and was built in 1983. This property has an estimated 15 year annualized Yield of 9.41% and Total Return of 17.32%. The estimated 1 year forecast in home value for 1631 Eastridge Dr 8-303 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