INVESTimate
$124,727
OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
935 Fairway Ln PROPERTY INFO
FACTS
- Built In 2002
- Price/Sqft : $153.86
CONSTRUCTION
- Beds : 4
- Floor Size : 2,777 sqft
- Baths : 3 Full 1 Half
935 Fairway Ln SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
VERNONIA
Neighborhood : VERNONIA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,298 per month.
MY RENT : $2,298 MEDIAN RENT : $1,476
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 $2,298 would therefore be considered affordable for annual household incomes greater than $91,920 (12 months x 3.333 x $2,298).
HOUSEHOLD INCOME RANGE
Approximately 293 of households in this neighborhood have a total annual income of $91,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,298 per month.
MINIMUM INCOME RANGE : $91,920
COMMUTE TIME DISTRIBUTION
24% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 57% has a commute time of 45 minutes or longer.
VERNONIA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 6.6% |
Agriculture, Fishing & Game | 7.6% |
Construction | 11.2% |
Health Care & Social Assistance | 9.0% |
Manufacturing | 16.7% |
Retail & Wholesale Trader | 11.7% |
Other | 37.2% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 30% is 24 or younger and 19% is 65 or older.
Age | % Distribution |
---|---|
<15 | 18.2% |
15-19 | 8.1% |
20-24 | 3.5% |
25-44 | 21.6% |
45-65 | 29.6% |
66+ | 19.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 10.1% |
Healthcare | 7.7% |
Management, Business, & Financial | 9.8% |
Natural Resources Maintenance | 18.3% |
Production & Transportation | 20.6% |
Sales & Office | 19.6% |
Other | 13.9% |
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 | 9.9% |
High School | 34.4% |
Masters Degree | 4.2% |
Some College | 26.8% |
Some High School | 14.3% |
Other | 10.4% |
935 Fairway Ln Comps
935 Fairway Ln, Vernonia, OR 97064 is a single family home of 2,777 sqft. HomeUnion INVESTimateĀ® for 935 Fairway Ln includes a Price Estimate of $427,271 and a Rent Estimate of $2,298. This single family home has 4 bedrooms,4 bathrooms, and was built in 2002. This property has an estimated 15 year annualized Yield of 6.45% and Total Return of 32.53%. The estimated 1 year forecast in home value for 935 Fairway Ln is 10.22%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OR , COLUMBIA County , or the 97064 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2