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This page contains aggregated information about each property, 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 about INVESTimate

560 S Downing St Seaside, OR 97138

3 Beds 1 Baths 1,164 sqft Built 1936
Last updated:  Dec 26, 2019

INVESTimate

$306,185

$285K - $327K

Price Est.

$1,414

$1.3K - $1.5K

Rent Est.

$331,139  ( +8.15%)   1 YR EST. FORECAST
  
  
  

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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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SEASIDE HIGH SCHOOL High Regular 483 25 6

SEASIDE HIGH SCHOOL

  • Education Level: High
  • # of students: 483
  • # of teachers: 25
6
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

Hermosa Park

  • 389

    POPULATION
  • 256

    HOUSEHOLDS
  • 44.6%

    WHITE COLLAR

Neighborhood : Hermosa Park

HOUSEHOLDS
256
POPULATION

389

66.5%Renters
33.5%Home Owners
LABOR FORCE

 

44.6%White Collar
55.4%Blue Collar
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

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 1.6%
$1,000-1,499 35.8%
>=$1,500 62.6%
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 $1,414 would therefore be considered affordable for annual household incomes greater than $56,560 (12 months x 3.333 x $1,414).

Rent % Affordability
Above $500 69.0%
Above $700 47.4%
Above $1,100 33.2%
Above $1,500 18.4%
Above $1,900 12.4%
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

Income % Distribution
<$20K 31.0%
$20K-$35K 31.8%
$35K-$60K 18.8%
$60K-$100K 9.8%
>=$100K 8.6%
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.

Time (mins) % Distribution
<5 mins 15.7%
5-9 mins 37.3%
10-14 mins 26.1%
15-19 mins 13.7%
20-29 mins 5.2%
30-44 mins 2.0%
45-59 mins 0.0%
>60 mins 0.0%
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

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 1.6%
$1,000-1,499 35.8%
>=$1,500 62.6%
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 $1,414 would therefore be considered affordable for annual household incomes greater than $56,560 (12 months x 3.333 x $1,414).

Rent % Affordability
Above $500 69.0%
Above $700 47.4%
Above $1,100 33.2%
Above $1,500 18.4%
Above $1,900 12.4%
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

Income % Distribution
<$20K 31.0%
$20K-$35K 31.8%
$35K-$60K 18.8%
$60K-$100K 9.8%
>=$100K 8.6%
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.

Time (mins) % Distribution
<5 mins 15.7%
5-9 mins 37.3%
10-14 mins 26.1%
15-19 mins 13.7%
20-29 mins 5.2%
30-44 mins 2.0%
45-59 mins 0.0%
>60 mins 0.0%

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

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