INVESTimate
$81,711
Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
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781 S Columbia St PROPERTY INFO
FACTS
- Built In 1922
- Price/Sqft : $269.25
CONSTRUCTION
- Beds : 4
- Floor Size : 984 sqft
- Baths : 2 Full
781 S Columbia St SCHOOLS
Financial Details
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Hermosa Park
Neighborhood : Hermosa Park
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,453 per month.
MY RENT : $1,453 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 $1,453 would therefore be considered affordable for annual household incomes greater than $58,120 (12 months x 3.333 x $1,453).
HOUSEHOLD INCOME RANGE
Approximately 49 of households in this neighborhood have a total annual income of $58,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,453 per month.
MINIMUM INCOME RANGE : $58,120
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% |
781 S Columbia St Comps
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781 S Columbia St, Seaside, OR 97138 is a single family home of 984 sqft. HomeUnion INVESTimateĀ® for 781 S Columbia St includes a Price Estimate of $264,946 and a Rent Estimate of $1,453. This single family home has 4 bedrooms,2 bathrooms, and was built in 1922. This property has an estimated 15 year annualized Yield of 6.58% and Total Return of 24.84%. The estimated 1 year forecast in home value for 781 S Columbia 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
