INVESTimate
$93,019
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2036 E 3rd Ave PROPERTY INFO
FACTS
- Built In 1957
- Price/Sqft : $136.30
CONSTRUCTION
- Beds : 2
- Floor Size : 2,136 sqft
- Baths : 1 Full
2036 E 3rd Ave SCHOOLS
Financial Details
See Financial Details
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Mountain View
Neighborhood : Mountain View
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 67% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,103 per month.
MY RENT : $2,103 MEDIAN RENT : $1,800
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 $2,103 would therefore be considered affordable for annual household incomes greater than $84,120 (12 months x 3.333 x $2,103).
HOUSEHOLD INCOME RANGE
Approximately 373 of households in this neighborhood have a total annual income of $84,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,103 per month.
MINIMUM INCOME RANGE : $84,120
COMMUTE TIME DISTRIBUTION
58% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
Mountain View Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 18.4% |
Educational Services | 4.1% |
Health Care & Social Assistance | 14.0% |
Public Administration | 5.0% |
Retail & Wholesale Trader | 27.4% |
Transportation | 10.7% |
Other | 20.5% |
AGE DISTRIBUTION
48% of the population is between the ages of 25 and 64, 44% is 24 or younger and 8% is 65 or older.
Age | % Distribution |
---|---|
<15 | 25.8% |
15-19 | 7.1% |
20-24 | 10.8% |
25-44 | 30.4% |
45-65 | 18.0% |
66+ | 7.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 10.4% |
Education | 11.0% |
Management, Business, & Financial | 8.5% |
Natural Resources Maintenance | 2.7% |
Production & Transportation | 16.2% |
Sales & Office | 43.5% |
Other | 7.8% |
HIGHEST EDUCATION LEVEL
9% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.2% |
High School | 31.1% |
Masters Degree | 1.7% |
Some College | 31.8% |
Some High School | 18.7% |
Other | 9.4% |
2036 E 3rd Ave Comps
2036 E 3rd Ave, Anchorage, AK 99501 is a single family home of 2,136 sqft. HomeUnion INVESTimate® for 2036 E 3rd Ave includes a Price Estimate of $291,141 and a Rent Estimate of $2,103. This single family home has 2 bedrooms,1 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 8.67% and Total Return of 16.98%. The estimated 1 year forecast in home value for 2036 E 3rd 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