1. < 2nd E Ct

Sell Your Property on HomeUnion

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

235 E 2nd Ct 6 Anchorage, AK 99501

1 Beds 1 Baths 592 sqft Built 1983
Last updated:  Mar 30, 2018

INVESTimate

$157,487

$145K - $170K

Price Est.

$1,097

967 - $1.2K

Rent Est.

$55,596

Investment Est.

$163,771  ( +3.99%)   1 YR EST. FORECAST

REAL ESTATE INVESTMENT PROPERTIES IN HOMEUNION

  
  
  

The following properties with Estimated Highest Gross Yields are available in markets where HomeUnion is currently offering investment properties.

  • 3699 Summit Dr NW Acworth, GA
    • 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1982
    AVAILABLE
    • 15.29% GROSS YIELD
    • $9,438 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $109,900
    • $70,772
    • $1,400
  • 6099 LEVERETT Drive Lithonia, GA
    • 3 beds 3 baths ∙ 1,512 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,512 Sqft ∙ Built 1987
    AVAILABLE fmls
    • 12.57% GROSS YIELD
    • $7,166 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $105,000
    • $40,900
    • $1,100
  • 5505 PANOLA DOWNS ROAD Lithonia, GA
    • 3 beds 2 baths ∙ 1,647 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,647 Sqft ∙ Built 1988
    AVAILABLE fmls
    • 12.52% GROSS YIELD
    • $7,840 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $115,000
    • $43,700
    • $1,200
  • 16801 BACHMANN AVE HUDSON, FL
    • 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 1971
    AVAILABLE
    • 12.25% GROSS YIELD
    • $5,984 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $99,900
    • $39,472
    • $1,020

PROPERTY INFO

FACTS
  • Built In 1983
  • Price/Sqft : $266.03
CONSTRUCTION
  • Beds : 1
  • Floor Size : 592 sqft
  • Baths : 1 Full

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DENALI MONTESSORI SCHOOL Primary Alternative 421 26 7
DENALI MONTESSORI SCHOOL Middle Alternative 421 26 7
WEST HIGH SCHOOL High Regular 1,840 85 6

DENALI MONTESSORI SCHOOL

  • Education Level: Primary
  • # of students: 421
  • # of teachers: 26
7
GreatSchools Rating

DENALI MONTESSORI SCHOOL

  • Education Level: Middle
  • # of students: 421
  • # of teachers: 26
7
GreatSchools Rating

WEST HIGH SCHOOL

  • Education Level: High
  • # of students: 1,840
  • # of teachers: 85
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

Downtown Anchorage

  • 1,952

    POPULATION

  • 817

    HOUSEHOLDS

  • 70.1%

    WHITE COLLAR

Neighborhood : Downtown Anchorage

HOUSEHOLDS
817
POPULATION

1,952

75.8%Renters
24.2%Home Owners
LABOR FORCE

 

70.1%White Collar
29.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,097 per month.

MY RENT : $1,097 MEDIAN RENT : $1,496

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 2.0%
$1,000-1,499 48.5%
>=$1,500 49.5%
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 $1,097 would therefore be considered affordable for annual household incomes greater than $43,880 (12 months x 3.333 x $1,097).

Rent % Affordability
Above $500 72.5%
Above $700 64.4%
Above $1,100 45.8%
Above $1,500 40.3%
Above $1,900 32.7%
HOUSEHOLD INCOME RANGE

Approximately 351 of households in this neighborhood have a total annual income of $43,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,097 per month.

MINIMUM INCOME RANGE : $43,880

Income % Distribution
<$20K 27.5%
$20K-$35K 22.2%
$35K-$60K 10.0%
$60K-$100K 22.8%
>=$100K 17.5%
COMMUTE TIME DISTRIBUTION

43% of the working population has a commute time of 15 to 44 minutes, 53% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.8%
5-9 mins 12.9%
10-14 mins 32.9%
15-19 mins 26.8%
20-29 mins 10.1%
30-44 mins 5.7%
45-59 mins 1.9%
>60 mins 2.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,097 per month.

MY RENT : $1,097 MEDIAN RENT : $1,496

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 2.0%
$1,000-1,499 48.5%
>=$1,500 49.5%
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 $1,097 would therefore be considered affordable for annual household incomes greater than $43,880 (12 months x 3.333 x $1,097).

Rent % Affordability
Above $500 72.5%
Above $700 64.4%
Above $1,100 45.8%
Above $1,500 40.3%
Above $1,900 32.7%
HOUSEHOLD INCOME RANGE

Approximately 351 of households in this neighborhood have a total annual income of $43,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,097 per month.

MINIMUM INCOME RANGE : $43,880

Income % Distribution
<$20K 27.5%
$20K-$35K 22.2%
$35K-$60K 10.0%
$60K-$100K 22.8%
>=$100K 17.5%
COMMUTE TIME DISTRIBUTION

43% of the working population has a commute time of 15 to 44 minutes, 53% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.8%
5-9 mins 12.9%
10-14 mins 32.9%
15-19 mins 26.8%
20-29 mins 10.1%
30-44 mins 5.7%
45-59 mins 1.9%
>60 mins 2.9%
Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 9.9%
Construction 5.8%
Health Care & Social Assistance 19.3%
Professional & Scientific Tech Services 9.4%
Public Administration 8.8%
Retail & Wholesale Trader 17.3%
Other 29.4%
OCCUPATION

           

Occupation % Distribution
Healthcare 10.2%
Legal 5.9%
Management, Business, & Financial 26.2%
Natural Resources Maintenance 9.8%
Production & Transportation 8.5%
Sales & Office 21.2%
Other 18.3%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 4.2%
15-19 5.9%
20-24 8.4%
25-44 33.7%
45-65 37.1%
66+ 10.7%
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 6.2%
High School 27.0%
Masters Degree 7.7%
Some College 24.1%
Some High School 9.7%
Other 25.4%

Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.9%
Construction 5.8%
Health Care & Social Assistance 19.3%
Professional & Scientific Tech Services 9.4%
Public Administration 8.8%
Retail & Wholesale Trader 17.3%
Other 29.4%
AGE DISTRIBUTION

71% of the population is between the ages of 25 and 64, 18% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 4.2%
15-19 5.9%
20-24 8.4%
25-44 33.7%
45-65 37.1%
66+ 10.7%
OCCUPATION

Occupation % Distribution
Healthcare 10.2%
Legal 5.9%
Management, Business, & Financial 26.2%
Natural Resources Maintenance 9.8%
Production & Transportation 8.5%
Sales & Office 21.2%
Other 18.3%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.2%
High School 27.0%
Masters Degree 7.7%
Some College 24.1%
Some High School 9.7%
Other 25.4%

Comps

Sorry, we do not have sufficient data available.
Resources
Contact
866-732-3220 866-732-3220
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2010 Main Street, Suite #250, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

© 2018 HomeUnion, Inc. All Rights Reserved.