INVESTimate
$126,856
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834 Nw Fred St PROPERTY INFO
FACTS
- Built In 2004
- Price/Sqft : $185.08
CONSTRUCTION
- Beds : 4
- Floor Size : 2,352 sqft
- Baths : 2 Full 1 Half
834 Nw Fred St SCHOOLS
Financial Details
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SUBLIMITY
Neighborhood : SUBLIMITY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,279 per month.
MY RENT : $2,279 MEDIAN RENT : $1,870
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 $2,279 would therefore be considered affordable for annual household incomes greater than $91,160 (12 months x 3.333 x $2,279).
HOUSEHOLD INCOME RANGE
Approximately 374 of households in this neighborhood have a total annual income of $91,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,279 per month.
MINIMUM INCOME RANGE : $91,160
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
SUBLIMITY Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 9.5% |
| Educational Services | 9.0% |
| Health Care & Social Assistance | 16.4% |
| Manufacturing | 6.2% |
| Public Administration | 15.2% |
| Retail & Wholesale Trader | 9.1% |
| Other | 34.5% |
AGE DISTRIBUTION
46% of the population is between the ages of 25 and 64, 28% is 24 or younger and 26% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 21.2% |
| 15-19 | 4.4% |
| 20-24 | 2.5% |
| 25-44 | 20.3% |
| 45-65 | 25.8% |
| 66+ | 25.9% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 8.2% |
| Management, Business, & Financial | 28.0% |
| Natural Resources Maintenance | 9.0% |
| Production & Transportation | 9.2% |
| Protect | 8.3% |
| Sales & Office | 16.4% |
| Other | 20.8% |
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 | 8.6% |
| High School | 34.5% |
| Masters Degree | 3.6% |
| Some College | 26.7% |
| Some High School | 7.1% |
| Other | 19.6% |
834 Nw Fred St Comps
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834 Nw Fred St, Sublimity, OR 97385 is a single family home of 2,352 sqft. HomeUnion INVESTimateĀ® for 834 Nw Fred St includes a Price Estimate of $435,305 and a Rent Estimate of $2,279. This single family home has 4 bedrooms,3 bathrooms, and was built in 2004. This property has an estimated 15 year annualized Yield of 6.28% and Total Return of 23.42%. The estimated 1 year forecast in home value for 834 Nw Fred St is 6.53%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OR , MARION County , or the 97385 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
