INVESTimate
$79,887
OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
25223 Alston Rd PROPERTY INFO
FACTS
- Built In 1925
- Price/Sqft : $124.67
CONSTRUCTION
- Beds : 2
- Floor Size : 2,070 sqft
- Baths : 1 Full
25223 Alston Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
RAINIER
Neighborhood : RAINIER
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,326 per month.
MY RENT : $1,326 MEDIAN RENT : $1,490
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 $1,326 would therefore be considered affordable for annual household incomes greater than $53,040 (12 months x 3.333 x $1,326).
HOUSEHOLD INCOME RANGE
Approximately 1,167 of households in this neighborhood have a total annual income of $53,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,326 per month.
MINIMUM INCOME RANGE : $53,040
COMMUTE TIME DISTRIBUTION
44% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.
RAINIER Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.2% |
Health Care & Social Assistance | 12.2% |
Manufacturing | 17.7% |
Public Administration | 7.0% |
Retail & Wholesale Trader | 15.7% |
Transportation | 7.0% |
Other | 31.2% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 27% is 24 or younger and 21% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.0% |
15-19 | 6.1% |
20-24 | 5.8% |
25-44 | 22.1% |
45-65 | 30.4% |
66+ | 20.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Education | 7.9% |
Healthcare | 10.3% |
Management, Business, & Financial | 9.2% |
Natural Resources Maintenance | 12.9% |
Production & Transportation | 25.0% |
Sales & Office | 17.0% |
Other | 17.7% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.4% |
High School | 33.6% |
Masters Degree | 4.5% |
Some College | 30.1% |
Some High School | 10.7% |
Other | 10.6% |
25223 Alston Rd Comps
25223 Alston Rd, Rainier, OR 97048 is a single family home of 2,070 sqft. HomeUnion INVESTimateĀ® for 25223 Alston Rd includes a Price Estimate of $258,063 and a Rent Estimate of $1,326. This single family home has 2 bedrooms,1 bathrooms, and was built in 1925. This property has an estimated 15 year annualized Yield of 6.17% and Total Return of 29.91%. The estimated 1 year forecast in home value for 25223 Alston Rd is 9.64%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OR , COLUMBIA County , or the 97048 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2