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This page contains aggregated information about each property, 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 about INVESTimate

12005 Albin Ln Ne Little Orleans, MD 21766

0 Beds 1 Baths 980 sqft Built 2014
Last updated:  Jul 30, 2018

INVESTimate

$87,605

$81.1K - $94.1K

Price Est.

$966

844 - $1.1K

Rent Est.

$88,726  ( +1.28%)   1 YR EST. FORECAST
  
  
  

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12005 Albin Ln Ne PROPERTY INFO

FACTS
  • Built In 2014
  • Price/Sqft : $89.39
CONSTRUCTION
  • Beds : 0
  • Floor Size : 980 sqft
  • Baths : 1 Full

12005 Albin Ln Ne SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FLINTSTONE ELEMENTARY SCHOOL Primary Regular 223 15 8
WASHINGTON MIDDLE SCHOOL Middle Regular 633 49 5
FORT HILL HIGH SCHOOL High Regular 739 52 4

FLINTSTONE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 223
  • # of teachers: 15
8
GreatSchools Rating

WASHINGTON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 633
  • # of teachers: 49
5
GreatSchools Rating

FORT HILL HIGH SCHOOL

  • Education Level: High
  • # of students: 739
  • # of teachers: 52
4
GreatSchools Rating
 

Financial Details

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Neighborhood

LITTLE ORLEANS

  • 476

    POPULATION
  • 198

    HOUSEHOLDS
  • 53.8%

    WHITE COLLAR

Neighborhood : LITTLE ORLEANS

HOUSEHOLDS
198
POPULATION

476

14.2%Renters
85.8%Home Owners
LABOR FORCE

 

53.8%White Collar
46.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $895 per month.

MY RENT : $895 MEDIAN RENT : $1,060

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 24.3%
$900-999 12.4%
$1,000-1,499 58.1%
>=$1,500 5.2%
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 $895 would therefore be considered affordable for annual household incomes greater than $35,800 (12 months x 3.333 x $895).

Rent % Affordability
Above $500 86.8%
Above $700 72.0%
Above $1,100 47.7%
Above $1,500 36.5%
Above $1,900 22.5%
HOUSEHOLD INCOME RANGE

Approximately 87 of households in this neighborhood have a total annual income of $35,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $895 per month.

MINIMUM INCOME RANGE : $35,800

Income % Distribution
<$20K 13.2%
$20K-$35K 32.0%
$35K-$60K 18.3%
$60K-$100K 22.3%
>=$100K 14.2%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 12.4%
10-14 mins 0.0%
15-19 mins 5.6%
20-29 mins 28.0%
30-44 mins 17.4%
45-59 mins 3.7%
>60 mins 32.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $895 per month.

MY RENT : $895 MEDIAN RENT : $1,060

Rent % Distribution
$500-699 0.0%
$700-899 24.3%
$900-999 12.4%
$1,000-1,499 58.1%
>=$1,500 5.2%
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 $895 would therefore be considered affordable for annual household incomes greater than $35,800 (12 months x 3.333 x $895).

Rent % Affordability
Above $500 86.8%
Above $700 72.0%
Above $1,100 47.7%
Above $1,500 36.5%
Above $1,900 22.5%
HOUSEHOLD INCOME RANGE

Approximately 87 of households in this neighborhood have a total annual income of $35,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $895 per month.

MINIMUM INCOME RANGE : $35,800

Income % Distribution
<$20K 13.2%
$20K-$35K 32.0%
$35K-$60K 18.3%
$60K-$100K 22.3%
>=$100K 14.2%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 12.4%
10-14 mins 0.0%
15-19 mins 5.6%
20-29 mins 28.0%
30-44 mins 17.4%
45-59 mins 3.7%
>60 mins 32.9%

LITTLE ORLEANS Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.6%
Arts & Entertainment 3.5%
Construction 24.1%
Health Care & Social Assistance 27.1%
Public Administration 3.5%
Retail & Wholesale Trader 9.4%
Other 24.7%
AGE DISTRIBUTION

38% of the population is between the ages of 25 and 64, 30% is 24 or younger and 32% is 65 or older.

Age % Distribution
<15 11.1%
15-19 18.5%
20-24 0.0%
25-44 13.7%
45-65 24.8%
66+ 31.9%
OCCUPATION

Occupation % Distribution
Clean 22.2%
Management, Business, & Financial 29.6%
Natural Resources Maintenance 6.2%
Production & Transportation 3.7%
Protect 7.4%
Sales & Office 30.9%
Other 0.0%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.2%
High School 65.7%
Professional 0.0%
Some College 11.0%
Some High School 9.0%
Other 7.2%

12005 Albin Ln Ne Comps

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12005 Albin Ln Ne, Little Orleans, MD 21766 is a single family home of 980 sqft. HomeUnion INVESTimateĀ® for 12005 Albin Ln Ne includes a Price Estimate of $87,605 and a Rent Estimate of $966. This single family home has 0 bedrooms,1 bathrooms, and was built in 2014. This property has an estimated 15 year annualized Yield of 13.23% and Total Return of 24.43%. The estimated 1 year forecast in home value for 12005 Albin Ln Ne is 1.28%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , ALLEGANY County , or the 21766 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2