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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

73 East Ave Gretna, FL 32332

3 Beds 2 Baths 1,215 sqft Built 1971
Last updated:  Jan 23, 2020

INVESTimate

$68,255

$60.9K - $75.6K

Price Est.

$880

734 - $1.0K

Rent Est.

$70,487  ( +3.27%)   1 YR EST. FORECAST
  
  
  

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73 East Ave PROPERTY INFO

FACTS
  • Built In 1971
  • Price/Sqft : $56.18
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,215 sqft
  • Baths : 1 Full 1 Half

73 East 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 41% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $880 per month.

MY RENT : $880 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 $880 would therefore be considered affordable for annual household incomes greater than $35,200 (12 months x 3.333 x $880).

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 236 of households in this neighborhood have a total annual income of $35,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $880 per month.

MINIMUM INCOME RANGE : $35,200

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 41% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $880 per month.

MY RENT : $880 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 $880 would therefore be considered affordable for annual household incomes greater than $35,200 (12 months x 3.333 x $880).

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 236 of households in this neighborhood have a total annual income of $35,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $880 per month.

MINIMUM INCOME RANGE : $35,200

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%

73 East Ave Comps

Sorry, we do not have sufficient data available.

73 East Ave, Gretna, FL 32332 is a single family home of 1,215 sqft. HomeUnion INVESTimateĀ® for 73 East Ave includes a Price Estimate of $68,255 and a Rent Estimate of $880. This single family home has 3 bedrooms,2 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 15.47% and Total Return of 22.90%. The estimated 1 year forecast in home value for 73 East Ave is 3.27%.

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

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