INVESTimate
$111,637
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21 23 Bowling Ln PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $194.18
CONSTRUCTION
- Beds : 6
- Floor Size : 1,946 sqft
- Baths : 2 Full
21 23 Bowling Ln SCHOOLS
Financial Details
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BRADFORD
Neighborhood : BRADFORD
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,475 per month.
MY RENT : $2,475 MEDIAN RENT : $1,483
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 $2,475 would therefore be considered affordable for annual household incomes greater than $99,000 (12 months x 3.333 x $2,475).
HOUSEHOLD INCOME RANGE
Approximately 207 of households in this neighborhood have a total annual income of $99,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,475 per month.
MINIMUM INCOME RANGE : $99,000
COMMUTE TIME DISTRIBUTION
67% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
BRADFORD Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 13.3% |
Educational Services | 13.1% |
Health Care & Social Assistance | 12.8% |
Manufacturing | 11.2% |
Professional & Scientific Tech Services | 17.9% |
Retail & Wholesale Trader | 13.8% |
Other | 18.0% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 35% is 24 or younger and 12% is 65 or older.
Age | % Distribution |
---|---|
<15 | 16.6% |
15-19 | 12.2% |
20-24 | 6.3% |
25-44 | 29.9% |
45-65 | 23.4% |
66+ | 11.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 9.0% |
Healthcare | 16.4% |
Management, Business, & Financial | 29.1% |
Natural Resources Maintenance | 7.9% |
Production & Transportation | 16.0% |
Sales & Office | 11.5% |
Other | 10.1% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 6.6% |
High School | 33.3% |
Masters Degree | 7.8% |
Some College | 14.9% |
Some High School | 18.6% |
Other | 18.8% |
21 23 Bowling Ln Comps
21 23 Bowling Ln, Bradford, RI 02808 is a single family home of 1,946 sqft. HomeUnion INVESTimateĀ® for 21 23 Bowling Ln includes a Price Estimate of $377,876 and a Rent Estimate of $2,475. This single family home has 6 bedrooms,2 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 7.86% and Total Return of 23.05%. The estimated 1 year forecast in home value for 21 23 Bowling Ln is 3.2%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in RI , WASHINGTON County , or the 02808 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2