INVESTimate
$115,700
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2165 Beach Dr PROPERTY INFO
FACTS
- Built In 1951
- Price/Sqft : $374.48
CONSTRUCTION
- Beds : 2
- Floor Size : 1,050 sqft
- Baths : 1 Full
2165 Beach Dr SCHOOLS
Financial Details
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SEASIDE
Neighborhood : SEASIDE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,332 per month.
MY RENT : $1,332 MEDIAN RENT : $1,690
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 $1,332 would therefore be considered affordable for annual household incomes greater than $53,280 (12 months x 3.333 x $1,332).
HOUSEHOLD INCOME RANGE
Approximately 1,686 of households in this neighborhood have a total annual income of $53,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,332 per month.
MINIMUM INCOME RANGE : $53,280
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.
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% |
2165 Beach Dr Comps
2165 Beach Dr, Seaside, OR 97138 is a single family home of 1,050 sqft. HomeUnion INVESTimateĀ® for 2165 Beach Dr includes a Price Estimate of $393,209 and a Rent Estimate of $1,332. This single family home has 2 bedrooms,1 bathrooms, and was built in 1951. This property has an estimated 15 year annualized Yield of 4.07% and Total Return of 13.30%. The estimated 1 year forecast in home value for 2165 Beach Dr 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