INVESTimate
$65,408
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68451 Holbrook Rd PROPERTY INFO
FACTS
- Built In 1920
- Price/Sqft : $222.08
CONSTRUCTION
- Beds : 2
- Floor Size : 916 sqft
- Baths : 1 Full
68451 Holbrook Rd SCHOOLS
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Financial Details
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RAINIER
Neighborhood : RAINIER
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,143 per month.
MY RENT : $1,143 MEDIAN RENT : $1,490
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 $1,143 would therefore be considered affordable for annual household incomes greater than $45,720 (12 months x 3.333 x $1,143).
HOUSEHOLD INCOME RANGE
Approximately 1,238 of households in this neighborhood have a total annual income of $45,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,143 per month.
MINIMUM INCOME RANGE : $45,720
COMMUTE TIME DISTRIBUTION
44% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.
RAINIER Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.2% |
| Health Care & Social Assistance | 12.2% |
| Manufacturing | 17.7% |
| Public Administration | 7.0% |
| Retail & Wholesale Trader | 15.7% |
| Transportation | 7.0% |
| Other | 31.2% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 27% is 24 or younger and 21% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 15.0% |
| 15-19 | 6.1% |
| 20-24 | 5.8% |
| 25-44 | 22.1% |
| 45-65 | 30.4% |
| 66+ | 20.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Education | 7.9% |
| Healthcare | 10.3% |
| Management, Business, & Financial | 9.2% |
| Natural Resources Maintenance | 12.9% |
| Production & Transportation | 25.0% |
| Sales & Office | 17.0% |
| Other | 17.7% |
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 | 10.4% |
| High School | 33.6% |
| Masters Degree | 4.5% |
| Some College | 30.1% |
| Some High School | 10.7% |
| Other | 10.6% |
68451 Holbrook Rd Comps
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68451 Holbrook Rd, Rainier, OR 97048 is a single family home of 916 sqft. HomeUnion INVESTimateĀ® for 68451 Holbrook Rd includes a Price Estimate of $203,425 and a Rent Estimate of $1,143. This single family home has 2 bedrooms,1 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 6.74% and Total Return of 30.88%. The estimated 1 year forecast in home value for 68451 Holbrook Rd is 9.64%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OR , COLUMBIA County , or the 97048 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
