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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

1245 King Dr Tyler, AL 36785

0 Beds 0 Baths 1,392 sqft Built 2013
Last updated:  Jul 30, 2018

INVESTimate

$191,562

$172K - $212K

Price Est.

$742

653 - 831

Rent Est.

$194,646  ( +1.61%)   1 YR EST. FORECAST
  
  
  

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1245 King Dr PROPERTY INFO

FACTS
  • Built In 2013
  • Price/Sqft : $137.62
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,392 sqft
  • Baths : 0 Full

1245 King Dr SCHOOLS

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Financial Details

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Neighborhood

TYLER

  • 1,101

    POPULATION
  • 521

    HOUSEHOLDS
  • 42.6%

    WHITE COLLAR

Neighborhood : TYLER

HOUSEHOLDS
521
POPULATION

1,101

24.6%Renters
75.4%Home Owners
LABOR FORCE

 

42.6%White Collar
57.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $839 per month.

MY RENT : $839 MEDIAN RENT : $765

Rent % Distribution LEVEL
$500-699 20.3%
$700-899 64.7%
$900-999 14.0%
$1,000-1,499 1.0%
>=$1,500 0.0%
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 $839 would therefore be considered affordable for annual household incomes greater than $33,560 (12 months x 3.333 x $839).

Rent % Affordability
Above $500 56.4%
Above $700 47.5%
Above $1,100 32.7%
Above $1,500 20.9%
Above $1,900 15.8%
HOUSEHOLD INCOME RANGE

Approximately 986 of households in this neighborhood have a total annual income of $33,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $839 per month.

MINIMUM INCOME RANGE : $33,560

Income % Distribution
<$20K 43.6%
$20K-$35K 16.5%
$35K-$60K 19.0%
$60K-$100K 12.3%
>=$100K 8.6%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 2.5%
10-14 mins 9.3%
15-19 mins 16.7%
20-29 mins 11.1%
30-44 mins 35.6%
45-59 mins 6.5%
>60 mins 16.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $839 per month.

MY RENT : $839 MEDIAN RENT : $765

Rent % Distribution
$500-699 20.3%
$700-899 64.7%
$900-999 14.0%
$1,000-1,499 1.0%
>=$1,500 0.0%
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 $839 would therefore be considered affordable for annual household incomes greater than $33,560 (12 months x 3.333 x $839).

Rent % Affordability
Above $500 56.4%
Above $700 47.5%
Above $1,100 32.7%
Above $1,500 20.9%
Above $1,900 15.8%
HOUSEHOLD INCOME RANGE

Approximately 986 of households in this neighborhood have a total annual income of $33,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $839 per month.

MINIMUM INCOME RANGE : $33,560

Income % Distribution
<$20K 43.6%
$20K-$35K 16.5%
$35K-$60K 19.0%
$60K-$100K 12.3%
>=$100K 8.6%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 2.5%
10-14 mins 9.3%
15-19 mins 16.7%
20-29 mins 11.1%
30-44 mins 35.6%
45-59 mins 6.5%
>60 mins 16.1%

TYLER Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.2%
Educational Services 10.0%
Manufacturing 19.6%
Public Administration 9.1%
Retail & Wholesale Trader 11.5%
Transportation 8.5%
Other 30.2%
AGE DISTRIBUTION

44% of the population is between the ages of 25 and 64, 34% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 21.2%
15-19 7.7%
20-24 5.4%
25-44 18.9%
45-65 25.0%
66+ 21.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.1%
Construction 9.4%
Natural Resources Maintenance 13.1%
Production & Transportation 35.7%
Sales & Office 16.0%
Social 4.9%
Other 14.8%
HIGHEST EDUCATION LEVEL

9% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.0%
High School 37.9%
Masters Degree 1.9%
Some College 23.0%
Some High School 20.9%
Other 9.4%

1245 King Dr Comps

Sorry, we do not have sufficient data available.

1245 King Dr, Tyler, AL 36785 is a single family home of 1,392 sqft. HomeUnion INVESTimateĀ® for 1245 King Dr includes a Price Estimate of $191,562 and a Rent Estimate of $742. This single family home has 0 bedrooms,0 bathrooms, and was built in 2013. This property has an estimated 15 year annualized Yield of 4.65% and Total Return of 7.80%. The estimated 1 year forecast in home value for 1245 King Dr is 1.61%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AL , LOWNDES County , or the 36785 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2