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28898 Se Allen Rd PROPERTY INFO
FACTS
- Built In 1980
- Price/Sqft : $361.61
CONSTRUCTION
- Beds : 2
- Floor Size : 960 sqft
- Baths : 1 Full
28898 Se Allen Rd SCHOOLS
Financial Details
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EAGLE CREEK
Neighborhood : EAGLE CREEK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,308 per month.
MY RENT : $1,308 MEDIAN RENT : $1,565
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 $1,308 would therefore be considered affordable for annual household incomes greater than $52,320 (12 months x 3.333 x $1,308).
HOUSEHOLD INCOME RANGE
Approximately 677 of households in this neighborhood have a total annual income of $52,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,308 per month.
MINIMUM INCOME RANGE : $52,320
COMMUTE TIME DISTRIBUTION
54% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.
EAGLE CREEK Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 15.1% |
| Construction | 8.5% |
| Educational Services | 6.9% |
| Health Care & Social Assistance | 12.4% |
| Manufacturing | 7.5% |
| Retail & Wholesale Trader | 16.2% |
| Other | 33.3% |
AGE DISTRIBUTION
48% of the population is between the ages of 25 and 64, 36% is 24 or younger and 16% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 26.2% |
| 15-19 | 5.2% |
| 20-24 | 4.1% |
| 25-44 | 17.6% |
| 45-65 | 30.8% |
| 66+ | 16.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Adesm | 5.0% |
| Healthcare | 11.4% |
| Management, Business, & Financial | 28.8% |
| Natural Resources Maintenance | 13.2% |
| Production & Transportation | 11.7% |
| Sales & Office | 16.5% |
| Other | 13.4% |
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 | 7.8% |
| High School | 31.4% |
| Masters Degree | 5.2% |
| Some College | 34.2% |
| Some High School | 8.4% |
| Other | 12.9% |
28898 Se Allen Rd Comps
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28898 Se Allen Rd, Eagle Creek, OR 97022 is a single family home of 960 sqft. HomeUnion INVESTimateĀ® for 28898 Se Allen Rd includes a Price Estimate of $347,146 and a Rent Estimate of $1,308. This single family home has 2 bedrooms,1 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 4.52% and Total Return of 23.49%. The estimated 1 year forecast in home value for 28898 Se Allen Rd is 8.95%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OR , CLACKAMAS County , or the 97022 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
