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2063 Cliffside Dr 18 PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $131.76
CONSTRUCTION
- Beds : 2
- Floor Size : 1,470 sqft
- Baths : 2 Full
2063 Cliffside Dr 18 SCHOOLS
Financial Details
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Eastridge
Neighborhood : Eastridge
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 63% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,993 per month.
MY RENT : $1,993 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 $1,993 would therefore be considered affordable for annual household incomes greater than $79,720 (12 months x 3.333 x $1,993).
HOUSEHOLD INCOME RANGE
Approximately 170 of households in this neighborhood have a total annual income of $79,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,993 per month.
MINIMUM INCOME RANGE : $79,720
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% |
2063 Cliffside Dr 18 Comps
2063 Cliffside Dr 18, Anchorage, AK 99501 is a single family home of 1,470 sqft. HomeUnion INVESTimate® for 2063 Cliffside Dr 18 includes a Price Estimate of $193,691 and a Rent Estimate of $1,993. This single family home has 2 bedrooms,2 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 12.35% and Total Return of 23.72%. The estimated 1 year forecast in home value for 2063 Cliffside Dr 18 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