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This page contains information about each property aggregated from public data sources, 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.

403 Beech Ave Gretna, FL 32332

2 Beds 1 Baths 970 sqft Built 1949
Last updated:  Jan 23, 2020

INVESTimate

$65,714

$58.6K - $72.8K

Price Est.

$747

623 - 871

Rent Est.

$67,863  ( +3.27%)   1 YR EST. FORECAST

403 Beech Ave PROPERTY INFO

FACTS
  • Built In 1949
  • Price/Sqft : $67.75
CONSTRUCTION
  • Beds : 2
  • Floor Size : 970 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
403 Beech Ave, Gretna, FL 32332 is a single family home of 970 sqft. HomeUnion estimate for 403 Beech Ave includes a Price Estimate of $65,714 and a Rent Estimate of $747. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1949. This property has an estimated 15 year annualized Yield of 13.64% and Total Return of 14.73%. The estimated 1 year forecast in home value for 403 Beech Ave is 3.27%.
  
  
  

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403 Beech Ave SCHOOLS

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Financial Details

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Neighborhood

GRETNA

  • 1,611

    POPULATION
  • 606

    HOUSEHOLDS
  • 59.1%

    WHITE COLLAR

Neighborhood : GRETNA

HOUSEHOLDS
606
POPULATION

1,611

27.7%Renters
72.3%Home Owners
LABOR FORCE

 

59.1%White Collar
40.9%Blue Collar
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

Rent % Distribution LEVEL
$500-699 0.3%
$700-899 65.3%
$900-999 19.2%
$1,000-1,499 14.6%
>=$1,500 0.6%
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).

Rent % Affordability
Above $500 77.9%
Above $700 65.6%
Above $1,100 45.9%
Above $1,500 25.8%
Above $1,900 14.7%
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

Income % Distribution
<$20K 22.1%
$20K-$35K 20.2%
$35K-$60K 31.9%
$60K-$100K 18.3%
>=$100K 7.4%
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.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 2.6%
10-14 mins 25.3%
15-19 mins 10.2%
20-29 mins 7.0%
30-44 mins 19.2%
45-59 mins 13.9%
>60 mins 17.7%
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

Rent % Distribution
$500-699 0.3%
$700-899 65.3%
$900-999 19.2%
$1,000-1,499 14.6%
>=$1,500 0.6%
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).

Rent % Affordability
Above $500 77.9%
Above $700 65.6%
Above $1,100 45.9%
Above $1,500 25.8%
Above $1,900 14.7%
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

Income % Distribution
<$20K 22.1%
$20K-$35K 20.2%
$35K-$60K 31.9%
$60K-$100K 18.3%
>=$100K 7.4%
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.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 2.6%
10-14 mins 25.3%
15-19 mins 10.2%
20-29 mins 7.0%
30-44 mins 19.2%
45-59 mins 13.9%
>60 mins 17.7%

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%

403 Beech Ave Comps

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Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , GADSDEN County , or the 32332 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 32352
  2. 32351