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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

1211 Mount Lebanon Rd Steele, AL 35987

0 Beds 0 Baths 1,736 sqft Built 1979
Last updated:  Jul 30, 2018

INVESTimate

$187,632

$159K - $216K

Price Est.

$1,125

$1.0K - $1.2K

Rent Est.

$189,189  ( +0.83%)   1 YR EST. FORECAST
  
  
  

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1211 Mount Lebanon Rd PROPERTY INFO

FACTS
  • Built In 1979
  • Price/Sqft : $108.08
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,736 sqft
  • Baths : 0 Full

1211 Mount Lebanon Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
STEELE JUNIOR HIGH SCHOOL Primary Regular 180 20 NA
ASHVILLE HIGH SCHOOL Middle Regular 378 24 NA
ASHVILLE HIGH SCHOOL High Regular 378 24 NA

STEELE JUNIOR HIGH SCHOOL

  • Education Level: Primary
  • # of students: 180
  • # of teachers: 20
-1
GreatSchools Rating

ASHVILLE HIGH SCHOOL

  • Education Level: Middle
  • # of students: 378
  • # of teachers: 24
-1
GreatSchools Rating

ASHVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 378
  • # of teachers: 24
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

STEELE

  • 2,750

    POPULATION
  • 1,046

    HOUSEHOLDS
  • 54.6%

    WHITE COLLAR

Neighborhood : STEELE

HOUSEHOLDS
1,046
POPULATION

2,750

17.4%Renters
82.6%Home Owners
LABOR FORCE

 

54.6%White Collar
45.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,058 per month.

MY RENT : $1,058 MEDIAN RENT : $1,002

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 24.8%
$900-999 24.4%
$1,000-1,499 43.0%
>=$1,500 7.8%
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 $1,058 would therefore be considered affordable for annual household incomes greater than $42,320 (12 months x 3.333 x $1,058).

Rent % Affordability
Above $500 78.8%
Above $700 69.0%
Above $1,100 53.7%
Above $1,500 38.0%
Above $1,900 27.0%
HOUSEHOLD INCOME RANGE

Approximately 465 of households in this neighborhood have a total annual income of $42,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,058 per month.

MINIMUM INCOME RANGE : $42,320

Income % Distribution
<$20K 21.2%
$20K-$35K 19.3%
$35K-$60K 21.6%
$60K-$100K 26.0%
>=$100K 12.0%
COMMUTE TIME DISTRIBUTION

47% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 35% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.3%
5-9 mins 4.2%
10-14 mins 7.8%
15-19 mins 10.3%
20-29 mins 18.5%
30-44 mins 18.1%
45-59 mins 18.9%
>60 mins 15.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,058 per month.

MY RENT : $1,058 MEDIAN RENT : $1,002

Rent % Distribution
$500-699 0.0%
$700-899 24.8%
$900-999 24.4%
$1,000-1,499 43.0%
>=$1,500 7.8%
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 $1,058 would therefore be considered affordable for annual household incomes greater than $42,320 (12 months x 3.333 x $1,058).

Rent % Affordability
Above $500 78.8%
Above $700 69.0%
Above $1,100 53.7%
Above $1,500 38.0%
Above $1,900 27.0%
HOUSEHOLD INCOME RANGE

Approximately 465 of households in this neighborhood have a total annual income of $42,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,058 per month.

MINIMUM INCOME RANGE : $42,320

Income % Distribution
<$20K 21.2%
$20K-$35K 19.3%
$35K-$60K 21.6%
$60K-$100K 26.0%
>=$100K 12.0%
COMMUTE TIME DISTRIBUTION

47% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 35% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.3%
5-9 mins 4.2%
10-14 mins 7.8%
15-19 mins 10.3%
20-29 mins 18.5%
30-44 mins 18.1%
45-59 mins 18.9%
>60 mins 15.8%

STEELE Demographics

INDUSTRY

Industry % Distribution
Construction 13.6%
Educational Services 5.7%
Health Care & Social Assistance 10.3%
Manufacturing 15.1%
Retail & Wholesale Trader 20.1%
Transportation 5.0%
Other 30.1%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 30% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 17.1%
15-19 5.1%
20-24 7.7%
25-44 22.5%
45-65 28.0%
66+ 19.6%
OCCUPATION

Occupation % Distribution
Healthcare 7.7%
Management, Business, & Financial 11.4%
Natural Resources Maintenance 17.0%
Production & Transportation 18.4%
Protect 4.1%
Sales & Office 29.1%
Other 12.2%
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 10.6%
High School 42.0%
Masters Degree 2.6%
Some College 20.1%
Some High School 14.7%
Other 10.0%

1211 Mount Lebanon Rd Comps

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1211 Mount Lebanon Rd, Steele, AL 35987 is a single family home of 1,736 sqft. HomeUnion INVESTimateĀ® for 1211 Mount Lebanon Rd includes a Price Estimate of $187,632 and a Rent Estimate of $1,125. This single family home has 0 bedrooms,0 bathrooms, and was built in 1979. This property has an estimated 15 year annualized Yield of 7.19% and Total Return of 14.46%. The estimated 1 year forecast in home value for 1211 Mount Lebanon Rd is 0.83%.

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 35987 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2