INVESTimate
$69,323
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22467 E Grand Ave PROPERTY INFO
FACTS
- Built In 1998
- Price/Sqft : $649.40
CONSTRUCTION
- Beds : 0
- Floor Size : 336 sqft
- Baths : 0 Full
22467 E Grand Ave SCHOOLS
Financial Details
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SUTTON
Neighborhood : SUTTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 85% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,095 per month.
MY RENT : $1,095 MEDIAN RENT : $1,364
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 $1,095 would therefore be considered affordable for annual household incomes greater than $43,800 (12 months x 3.333 x $1,095).
HOUSEHOLD INCOME RANGE
Approximately 246 of households in this neighborhood have a total annual income of $43,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,095 per month.
MINIMUM INCOME RANGE : $43,800
COMMUTE TIME DISTRIBUTION
56% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.
SUTTON Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 13.3% |
| Construction | 9.6% |
| Educational Services | 10.9% |
| Health Care & Social Assistance | 16.3% |
| Public Administration | 8.7% |
| Retail & Wholesale Trader | 13.3% |
| Other | 27.9% |
AGE DISTRIBUTION
62% of the population is between the ages of 25 and 64, 22% is 24 or younger and 16% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 11.8% |
| 15-19 | 3.9% |
| 20-24 | 6.1% |
| 25-44 | 27.7% |
| 45-65 | 34.4% |
| 66+ | 16.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 13.1% |
| Management, Business, & Financial | 11.4% |
| Natural Resources Maintenance | 16.6% |
| PCare | 9.3% |
| Production & Transportation | 9.7% |
| Sales & Office | 13.5% |
| Other | 26.3% |
HIGHEST EDUCATION LEVEL
12% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 6.5% |
| High School | 31.3% |
| Masters Degree | 4.0% |
| Some College | 34.4% |
| Some High School | 11.7% |
| Other | 12.1% |
22467 E Grand Ave Comps
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22467 E Grand Ave, Sutton, AK 99674 is a single family home of 336 sqft. HomeUnion INVESTimateĀ® for 22467 E Grand Ave includes a Price Estimate of $218,200 and a Rent Estimate of $1,095. This single family home has 0 bedrooms,0 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 6.02% and Total Return of 5.79%. The estimated 1 year forecast in home value for 22467 E Grand Ave is 1.23%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AK , MATANUSKA SUSITNA County , or the 99674 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
