INVESTimate
$92,639
Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
560 S Downing St PROPERTY INFO
FACTS
- Built In 1936
- Price/Sqft : $263.05
CONSTRUCTION
- Beds : 3
- Floor Size : 1,164 sqft
- Baths : 1 Full
560 S Downing St SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
Hermosa Park
Neighborhood : Hermosa Park
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,414 per month.
MY RENT : $1,414 MEDIAN RENT : $1,641
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 $1,414 would therefore be considered affordable for annual household incomes greater than $56,560 (12 months x 3.333 x $1,414).
HOUSEHOLD INCOME RANGE
Approximately 50 of households in this neighborhood have a total annual income of $56,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,414 per month.
MINIMUM INCOME RANGE : $56,560
COMMUTE TIME DISTRIBUTION
21% of the working population has a commute time of 15 to 44 minutes, 79% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.
Hermosa Park Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 12.4% |
| Educational Services | 10.6% |
| Financial Industries | 26.7% |
| Health Care & Social Assistance | 7.5% |
| Real Estate | 11.8% |
| Retail & Wholesale Trader | 14.9% |
| Other | 16.1% |
AGE DISTRIBUTION
35% of the population is between the ages of 25 and 64, 32% is 24 or younger and 32% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 10.0% |
| 15-19 | 5.4% |
| 20-24 | 17.0% |
| 25-44 | 12.3% |
| 45-65 | 23.1% |
| 66+ | 32.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 25.4% |
| Healthcare | 11.9% |
| Management, Business, & Financial | 6.8% |
| Natural Resources Maintenance | 11.9% |
| Production & Transportation | 6.8% |
| Sales & Office | 32.2% |
| Other | 5.1% |
HIGHEST EDUCATION LEVEL
13% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 4.2% |
| High School | 30.8% |
| Masters Degree | 9.1% |
| Some College | 31.2% |
| Some High School | 8.4% |
| Other | 16.3% |
560 S Downing St Comps
Sorry, we do not have sufficient data available.
560 S Downing St, Seaside, OR 97138 is a single family home of 1,164 sqft. HomeUnion INVESTimateĀ® for 560 S Downing St includes a Price Estimate of $306,185 and a Rent Estimate of $1,414. This single family home has 3 bedrooms,1 bathrooms, and was built in 1936. This property has an estimated 15 year annualized Yield of 5.54% and Total Return of 23.19%. The estimated 1 year forecast in home value for 560 S Downing St is 8.15%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OR , CLATSOP County , or the 97138 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
