INVESTimate
$29,437
251 Beech Ave PROPERTY INFO
FACTS
- Built In 1957
- Price/Sqft : $72.32
CONSTRUCTION
- Beds : 2
- Floor Size : 936 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
251 Beech Ave, Gretna, FL 32332 is a single family home of 936 sqft. HomeUnion estimate for 251 Beech Ave includes a Price Estimate of $67,688 and a Rent Estimate of $747. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 13.24% and Total Return of 18.00%. The estimated 1 year forecast in home value for 251 Beech Ave is 3.27%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
251 Beech Ave SCHOOLS
Financial Details
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GRETNA
Neighborhood : GRETNA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $747 per month.
MY RENT : $747 MEDIAN RENT : $840
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 $747 would therefore be considered affordable for annual household incomes greater than $29,880 (12 months x 3.333 x $747).
HOUSEHOLD INCOME RANGE
Approximately 1,465 of households in this neighborhood have a total annual income of $29,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $747 per month.
MINIMUM INCOME RANGE : $29,880
COMMUTE TIME DISTRIBUTION
36% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 32% has a commute time of 45 minutes or longer.
GRETNA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 6.7% |
Educational Services | 11.4% |
Health Care & Social Assistance | 23.9% |
Public Administration | 8.5% |
Retail & Wholesale Trader | 13.9% |
Transportation | 6.9% |
Other | 28.8% |
AGE DISTRIBUTION
46% of the population is between the ages of 25 and 64, 38% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.6% |
15-19 | 11.7% |
20-24 | 8.9% |
25-44 | 19.6% |
45-65 | 26.4% |
66+ | 15.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 9.7% |
Management, Business, & Financial | 20.1% |
Natural Resources Maintenance | 16.6% |
Production & Transportation | 10.2% |
Sales & Office | 14.5% |
Social | 10.5% |
Other | 18.5% |
HIGHEST EDUCATION LEVEL
10% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 2.7% |
High School | 45.8% |
Masters Degree | 5.1% |
Some College | 19.4% |
Some High School | 16.3% |
Other | 10.7% |
251 Beech Ave Comps
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