Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

2140 Lewis And Clark Rd Seaside, OR 97138

3 Beds 1 Baths 1,152 sqft Built 1971
Last updated:  Jan 23, 2020

INVESTimate

$306,834

$285K - $328K

Price Est.

$1,441

$1.3K - $1.5K

Rent Est.

$322,237  ( +5.02%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1092 Rebel Forest DRIVE Atlanta, GA
    • 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990
    AVAILABLE
    • 14.18% GROSS YIELD
    • $10,195 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $62,150
    • $1,300
  • 12448 ROYAL LAKE DRIVE Conroe, TX
    • 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993
    AVAILABLE
    • 13.18% GROSS YIELD
    • $7,391 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $111,995
    • $35,429
    • $1,230

2140 Lewis And Clark Rd PROPERTY INFO

FACTS
  • Built In 1971
  • Price/Sqft : $266.35
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,152 sqft
  • Baths : 1 Full

2140 Lewis And Clark Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SEASIDE HIGH SCHOOL High Regular 483 25 6

SEASIDE HIGH SCHOOL

  • Education Level: High
  • # of students: 483
  • # of teachers: 25
6
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

SEASIDE

  • 9,925

    POPULATION
  • 4,318

    HOUSEHOLDS
  • 56.3%

    WHITE COLLAR

Neighborhood : SEASIDE

HOUSEHOLDS
4,318
POPULATION

9,925

50.4%Renters
49.6%Home Owners
LABOR FORCE

 

56.3%White Collar
43.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,441 per month.

MY RENT : $1,441 MEDIAN RENT : $1,690

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 29.6%
>=$1,500 69.8%
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 $1,441 would therefore be considered affordable for annual household incomes greater than $57,640 (12 months x 3.333 x $1,441).

Rent % Affordability
Above $500 81.7%
Above $700 66.5%
Above $1,100 48.5%
Above $1,500 36.4%
Above $1,900 27.0%
HOUSEHOLD INCOME RANGE

Approximately 1,611 of households in this neighborhood have a total annual income of $57,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,441 per month.

MINIMUM INCOME RANGE : $57,640

Income % Distribution
<$20K 18.3%
$20K-$35K 21.6%
$35K-$60K 23.7%
$60K-$100K 20.6%
>=$100K 15.8%
COMMUTE TIME DISTRIBUTION

30% of the working population has a commute time of 15 to 44 minutes, 61% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 15.7%
5-9 mins 26.2%
10-14 mins 19.0%
15-19 mins 8.7%
20-29 mins 11.8%
30-44 mins 9.2%
45-59 mins 4.3%
>60 mins 5.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,441 per month.

MY RENT : $1,441 MEDIAN RENT : $1,690

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 29.6%
>=$1,500 69.8%
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 $1,441 would therefore be considered affordable for annual household incomes greater than $57,640 (12 months x 3.333 x $1,441).

Rent % Affordability
Above $500 81.7%
Above $700 66.5%
Above $1,100 48.5%
Above $1,500 36.4%
Above $1,900 27.0%
HOUSEHOLD INCOME RANGE

Approximately 1,611 of households in this neighborhood have a total annual income of $57,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,441 per month.

MINIMUM INCOME RANGE : $57,640

Income % Distribution
<$20K 18.3%
$20K-$35K 21.6%
$35K-$60K 23.7%
$60K-$100K 20.6%
>=$100K 15.8%
COMMUTE TIME DISTRIBUTION

30% of the working population has a commute time of 15 to 44 minutes, 61% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 15.7%
5-9 mins 26.2%
10-14 mins 19.0%
15-19 mins 8.7%
20-29 mins 11.8%
30-44 mins 9.2%
45-59 mins 4.3%
>60 mins 5.2%

SEASIDE Demographics

INDUSTRY

Industry % Distribution
Administrative Support 5.7%
Arts & Entertainment 15.6%
Construction 7.3%
Health Care & Social Assistance 10.5%
Real Estate 7.2%
Retail & Wholesale Trader 21.7%
Other 32.0%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 29% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 15.2%
15-19 5.9%
20-24 8.0%
25-44 22.4%
45-65 27.3%
66+ 21.0%
OCCUPATION

Occupation % Distribution
Clean 6.3%
Education 7.0%
Management, Business, & Financial 16.2%
Natural Resources Maintenance 12.8%
Production & Transportation 8.6%
Sales & Office 29.3%
Other 19.7%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.8%
High School 24.9%
Masters Degree 5.9%
Some College 33.4%
Some High School 9.9%
Other 16.2%

2140 Lewis And Clark Rd Comps

Sorry, we do not have sufficient data available.

2140 Lewis And Clark Rd, Seaside, OR 97138 is a single family home of 1,152 sqft. HomeUnion INVESTimateĀ® for 2140 Lewis And Clark Rd includes a Price Estimate of $306,834 and a Rent Estimate of $1,441. This single family home has 3 bedrooms,1 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 5.64% and Total Return of 18.47%. The estimated 1 year forecast in home value for 2140 Lewis And Clark Rd is 5.02%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OR , CLATSOP County , or the 97138 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 434 S Ocean Ave

Nearest zipcodes within 2 miles

  1. 97121
  2. 97103
  3. 97146
  4. 97016