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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

2036 E 3rd Ave Anchorage, AK 99501

2 Beds 1 Baths 2,136 sqft Built 1957
Last updated:  May 30, 2018

INVESTimate

$291,141

$247K - $335K

Price Est.

$2,103

$1.9K - $2.3K

Rent Est.

$302,758  ( +3.99%)   1 YR EST. FORECAST
  
  
  

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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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TYSON ELEMENTARY SCHOOL Primary Regular 488 35 3
CLARK MIDDLE SCHOOL Middle Regular 1,136 68 4
EAST HIGH SCHOOL High Regular 2,195 109 5

TYSON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 488
  • # of teachers: 35
3
GreatSchools Rating

CLARK MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,136
  • # of teachers: 68
4
GreatSchools Rating

EAST HIGH SCHOOL

  • Education Level: High
  • # of students: 2,195
  • # of teachers: 109
5
GreatSchools Rating
 

Financial Details

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Neighborhood

Mountain View

  • 7,604

    POPULATION
  • 2,496

    HOUSEHOLDS
  • 44.3%

    WHITE COLLAR

Neighborhood : Mountain View

HOUSEHOLDS
2,496
POPULATION

7,604

75.8%Renters
24.2%Home Owners
LABOR FORCE

 

44.3%White Collar
55.7%Blue Collar
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

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 33.3%
>=$1,500 66.5%
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).

Rent % Affordability
Above $500 74.9%
Above $700 62.5%
Above $1,100 48.1%
Above $1,500 34.4%
Above $1,900 24.3%
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

Income % Distribution
<$20K 25.1%
$20K-$35K 19.7%
$35K-$60K 20.9%
$60K-$100K 23.1%
>=$100K 11.3%
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.

Time (mins) % Distribution
<5 mins 4.7%
5-9 mins 8.5%
10-14 mins 16.0%
15-19 mins 20.0%
20-29 mins 26.8%
30-44 mins 11.2%
45-59 mins 1.6%
>60 mins 11.1%
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

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 33.3%
>=$1,500 66.5%
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).

Rent % Affordability
Above $500 74.9%
Above $700 62.5%
Above $1,100 48.1%
Above $1,500 34.4%
Above $1,900 24.3%
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

Income % Distribution
<$20K 25.1%
$20K-$35K 19.7%
$35K-$60K 20.9%
$60K-$100K 23.1%
>=$100K 11.3%
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.

Time (mins) % Distribution
<5 mins 4.7%
5-9 mins 8.5%
10-14 mins 16.0%
15-19 mins 20.0%
20-29 mins 26.8%
30-44 mins 11.2%
45-59 mins 1.6%
>60 mins 11.1%

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

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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