INVESTimate
$63,760
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111 Kathy Ln PROPERTY INFO
FACTS
- Built In 2000
- Price/Sqft : $88.39
CONSTRUCTION
- Beds : 0
- Floor Size : 2,231 sqft
- Baths : 1 Full
111 Kathy Ln SCHOOLS
Financial Details
See Financial Details
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REMLAP
Neighborhood : REMLAP
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 7% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,209 per month.
MY RENT : $1,209 MEDIAN RENT : $795
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 $1,209 would therefore be considered affordable for annual household incomes greater than $48,360 (12 months x 3.333 x $1,209).
HOUSEHOLD INCOME RANGE
Approximately 582 of households in this neighborhood have a total annual income of $48,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,209 per month.
MINIMUM INCOME RANGE : $48,360
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.
REMLAP Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 10.4% |
Health Care & Social Assistance | 15.8% |
Manufacturing | 14.7% |
Public Administration | 4.3% |
Retail & Wholesale Trader | 19.1% |
Transportation | 12.8% |
Other | 22.8% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 31% is 24 or younger and 19% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.0% |
15-19 | 7.5% |
20-24 | 4.5% |
25-44 | 21.4% |
45-65 | 28.8% |
66+ | 18.9% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 4.7% |
Management, Business, & Financial | 8.4% |
Natural Resources Maintenance | 12.0% |
PCare | 5.6% |
Production & Transportation | 25.0% |
Sales & Office | 29.6% |
Other | 14.7% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.3% |
High School | 35.3% |
Masters Degree | 1.8% |
Some College | 26.5% |
Some High School | 20.0% |
Other | 7.1% |
111 Kathy Ln Comps
111 Kathy Ln, Remlap, AL 35133 is a single family home of 2,231 sqft. HomeUnion INVESTimateĀ® for 111 Kathy Ln includes a Price Estimate of $197,207 and a Rent Estimate of $1,274. This single family home has 0 bedrooms,1 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 7.75% and Total Return of 18.60%. The estimated 1 year forecast in home value for 111 Kathy Ln is 1.78%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AL , SAINT CLAIR County , or the 35133 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2