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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.

819 S 2nd Ave Phoenix, AZ 85003

0 Beds 0 Baths 1,376 sqft Built 2008
Last updated:  Dec 26, 2019

INVESTimate

$141,486

$126K - $157K

Price Est.

$1,612

$1.4K - $1.9K

Rent Est.

$160,841  ( +13.68%)   1 YR EST. FORECAST

819 S 2nd Ave PROPERTY INFO

FACTS
  • Built In 2008
  • Price/Sqft : $102.82
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,376 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
819 S 2nd Ave, Phoenix, AZ 85003 is a single family home of 1,376 sqft. HomeUnion estimate for 819 S 2nd Ave includes a Price Estimate of $141,486 and a Rent Estimate of $1,612. This single family home has 0 bedrooms, 0 bathrooms, and was built in 2008. This property has an estimated 15 year annualized Yield of 13.67% and Total Return of 50.86%. The estimated 1 year forecast in home value for 819 S 2nd Ave is 13.68%.
  
  
  

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819 S 2nd Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CENTRAL HIGH SCHOOL High Regular 2,324 141 3

CENTRAL HIGH SCHOOL

  • Education Level: High
  • # of students: 2,324
  • # of teachers: 141
3
GreatSchools Rating
 

Financial Details

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Neighborhood

Central City South

  • 9,972

    POPULATION
  • 2,892

    HOUSEHOLDS
  • 35.6%

    WHITE COLLAR

Neighborhood : Central City South

HOUSEHOLDS
2,892
POPULATION

9,972

78.5%Renters
21.5%Home Owners
LABOR FORCE

 

35.6%White Collar
64.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 12% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,612 per month.

MY RENT : $1,612 MEDIAN RENT : $1,013

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 31.9%
$900-999 16.0%
$1,000-1,499 40.2%
>=$1,500 11.9%
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 $1,612 would therefore be considered affordable for annual household incomes greater than $64,480 (12 months x 3.333 x $1,612).

Rent % Affordability
Above $500 40.7%
Above $700 31.6%
Above $1,100 18.7%
Above $1,500 10.1%
Above $1,900 7.6%
HOUSEHOLD INCOME RANGE

Approximately 198 of households in this neighborhood have a total annual income of $64,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,612 per month.

MINIMUM INCOME RANGE : $64,480

Income % Distribution
<$20K 59.3%
$20K-$35K 16.8%
$35K-$60K 13.7%
$60K-$100K 5.1%
>=$100K 5.0%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 8.8%
10-14 mins 16.9%
15-19 mins 12.6%
20-29 mins 21.1%
30-44 mins 22.7%
45-59 mins 3.4%
>60 mins 12.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 12% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,612 per month.

MY RENT : $1,612 MEDIAN RENT : $1,013

Rent % Distribution
$500-699 0.0%
$700-899 31.9%
$900-999 16.0%
$1,000-1,499 40.2%
>=$1,500 11.9%
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 $1,612 would therefore be considered affordable for annual household incomes greater than $64,480 (12 months x 3.333 x $1,612).

Rent % Affordability
Above $500 40.7%
Above $700 31.6%
Above $1,100 18.7%
Above $1,500 10.1%
Above $1,900 7.6%
HOUSEHOLD INCOME RANGE

Approximately 198 of households in this neighborhood have a total annual income of $64,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,612 per month.

MINIMUM INCOME RANGE : $64,480

Income % Distribution
<$20K 59.3%
$20K-$35K 16.8%
$35K-$60K 13.7%
$60K-$100K 5.1%
>=$100K 5.0%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 8.8%
10-14 mins 16.9%
15-19 mins 12.6%
20-29 mins 21.1%
30-44 mins 22.7%
45-59 mins 3.4%
>60 mins 12.6%

Central City South Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.0%
Arts & Entertainment 14.3%
Construction 10.2%
Health Care & Social Assistance 10.2%
Manufacturing 8.3%
Retail & Wholesale Trader 11.4%
Other 35.6%
AGE DISTRIBUTION

42% of the population is between the ages of 25 and 64, 48% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 30.1%
15-19 8.4%
20-24 9.8%
25-44 23.6%
45-65 18.2%
66+ 9.8%
OCCUPATION

Occupation % Distribution
Clean 10.0%
Education 9.3%
Healthcare 7.0%
Natural Resources Maintenance 18.1%
Production & Transportation 21.9%
Sales & Office 17.4%
Other 16.3%
HIGHEST EDUCATION LEVEL

5% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.6%
High School 27.9%
Masters Degree 0.7%
Some College 15.4%
Some High School 46.7%
Other 5.7%

819 S 2nd Ave Comps

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