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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.

5826 Hogans Retreat Rd Radford, VA 24141

4 Beds 3 Baths 2,048 sqft Built 2014
Last updated:  Nov 28, 2019

INVESTimate

$297,737

$288K - $307K

Price Est.

$1,716

$1.5K - $1.9K

Rent Est.

$306,044  ( +2.79%)   1 YR EST. FORECAST

5826 Hogans Retreat Rd PROPERTY INFO

FACTS
  • Built In 2014
  • Price/Sqft : $145.38
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,048 sqft
  • Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
5826 Hogans Retreat Rd, Radford, VA 24141 is a single family home of 2,048 sqft. HomeUnion estimate for 5826 Hogans Retreat Rd includes a Price Estimate of $297,737 and a Rent Estimate of $1,716. This single family home has 4 bedrooms, 3 bathrooms, and was built in 2014. This property has an estimated 15 year annualized Yield of 6.92% and Total Return of 17.15%. The estimated 1 year forecast in home value for 5826 Hogans Retreat Rd is 2.79%.
  
  
  

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5826 Hogans Retreat Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
AUBURN ELEMENTARY SCHOOL Primary Regular 537 38 5
AUBURN MIDDLE SCHOOL Middle Regular 332 25 5
AUBURN HIGH SCHOOL High Regular 373 33 6

AUBURN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 537
  • # of teachers: 38
5
GreatSchools Rating

AUBURN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 332
  • # of teachers: 25
5
GreatSchools Rating

AUBURN HIGH SCHOOL

  • Education Level: High
  • # of students: 373
  • # of teachers: 33
6
GreatSchools Rating
 

Financial Details

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Neighborhood

RADFORD

  • 21,659

    POPULATION
  • 8,586

    HOUSEHOLDS
  • 66.6%

    WHITE COLLAR

Neighborhood : RADFORD

HOUSEHOLDS
8,586
POPULATION

21,659

40.9%Renters
59.1%Home Owners
LABOR FORCE

 

66.6%White Collar
33.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 3% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,716 per month.

MY RENT : $1,716 MEDIAN RENT : $983

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 5.4%
$900-999 49.9%
$1,000-1,499 41.7%
>=$1,500 3.1%
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 $1,716 would therefore be considered affordable for annual household incomes greater than $68,640 (12 months x 3.333 x $1,716).

Rent % Affordability
Above $500 73.1%
Above $700 65.6%
Above $1,100 49.1%
Above $1,500 34.1%
Above $1,900 25.9%
HOUSEHOLD INCOME RANGE

Approximately 1,906 of households in this neighborhood have a total annual income of $68,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,716 per month.

MINIMUM INCOME RANGE : $68,640

Income % Distribution
<$20K 26.9%
$20K-$35K 13.6%
$35K-$60K 25.5%
$60K-$100K 17.3%
>=$100K 16.8%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 16.1%
10-14 mins 18.2%
15-19 mins 14.8%
20-29 mins 28.3%
30-44 mins 8.2%
45-59 mins 4.4%
>60 mins 6.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 3% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,716 per month.

MY RENT : $1,716 MEDIAN RENT : $983

Rent % Distribution
$500-699 0.0%
$700-899 5.4%
$900-999 49.9%
$1,000-1,499 41.7%
>=$1,500 3.1%
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 $1,716 would therefore be considered affordable for annual household incomes greater than $68,640 (12 months x 3.333 x $1,716).

Rent % Affordability
Above $500 73.1%
Above $700 65.6%
Above $1,100 49.1%
Above $1,500 34.1%
Above $1,900 25.9%
HOUSEHOLD INCOME RANGE

Approximately 1,906 of households in this neighborhood have a total annual income of $68,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,716 per month.

MINIMUM INCOME RANGE : $68,640

Income % Distribution
<$20K 26.9%
$20K-$35K 13.6%
$35K-$60K 25.5%
$60K-$100K 17.3%
>=$100K 16.8%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 16.1%
10-14 mins 18.2%
15-19 mins 14.8%
20-29 mins 28.3%
30-44 mins 8.2%
45-59 mins 4.4%
>60 mins 6.3%

RADFORD Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.3%
Construction 5.1%
Educational Services 17.5%
Health Care & Social Assistance 11.7%
Manufacturing 12.0%
Retail & Wholesale Trader 14.9%
Other 23.5%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 40% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 11.9%
15-19 7.2%
20-24 20.9%
25-44 22.6%
45-65 23.4%
66+ 14.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.4%
Healthcare 7.8%
Management, Business, & Financial 17.3%
Natural Resources Maintenance 8.4%
Production & Transportation 12.4%
Sales & Office 22.0%
Other 23.7%
HIGHEST EDUCATION LEVEL

25% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.8%
High School 25.9%
Masters Degree 8.7%
Some College 20.2%
Some High School 10.4%
Other 23.0%

5826 Hogans Retreat Rd Comps

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