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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

1613 White Plains Rd Cragford, AL 36255

0 Beds 0 Baths 1,120 sqft Built 1933
Last updated:  Jul 30, 2018

INVESTimate

$189,333

$170K - $209K

Price Est.

$527

464 - 590

Rent Est.

$193,593  ( +2.25%)   1 YR EST. FORECAST
  
  
  

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1613 White Plains Rd PROPERTY INFO

FACTS
  • Built In 1933
  • Price/Sqft : $169.05
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,120 sqft
  • Baths : 0 Full

1613 White Plains Rd SCHOOLS

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Financial Details

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Neighborhood

CRAGFORD

  • 679

    POPULATION
  • 315

    HOUSEHOLDS
  • 26.4%

    WHITE COLLAR

Neighborhood : CRAGFORD

HOUSEHOLDS
315
POPULATION

679

15.2%Renters
84.8%Home Owners
LABOR FORCE

 

26.4%White Collar
73.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $609 per month.

MY RENT : $609 MEDIAN RENT : $689

Rent % Distribution LEVEL
$500-699 51.3%
$700-899 28.0%
$900-999 16.9%
$1,000-1,499 3.8%
>=$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 $609 would therefore be considered affordable for annual household incomes greater than $24,360 (12 months x 3.333 x $609).

Rent % Affordability
Above $500 81.7%
Above $700 63.2%
Above $1,100 44.2%
Above $1,500 26.0%
Above $1,900 15.0%
HOUSEHOLD INCOME RANGE

Approximately 943 of households in this neighborhood have a total annual income of $24,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $609 per month.

MINIMUM INCOME RANGE : $24,360

Income % Distribution
<$20K 18.3%
$20K-$35K 26.7%
$35K-$60K 28.9%
$60K-$100K 21.2%
>=$100K 4.8%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 2.5%
10-14 mins 6.9%
15-19 mins 15.4%
20-29 mins 47.5%
30-44 mins 7.2%
45-59 mins 7.9%
>60 mins 11.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $609 per month.

MY RENT : $609 MEDIAN RENT : $689

Rent % Distribution
$500-699 51.3%
$700-899 28.0%
$900-999 16.9%
$1,000-1,499 3.8%
>=$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 $609 would therefore be considered affordable for annual household incomes greater than $24,360 (12 months x 3.333 x $609).

Rent % Affordability
Above $500 81.7%
Above $700 63.2%
Above $1,100 44.2%
Above $1,500 26.0%
Above $1,900 15.0%
HOUSEHOLD INCOME RANGE

Approximately 943 of households in this neighborhood have a total annual income of $24,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $609 per month.

MINIMUM INCOME RANGE : $24,360

Income % Distribution
<$20K 18.3%
$20K-$35K 26.7%
$35K-$60K 28.9%
$60K-$100K 21.2%
>=$100K 4.8%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 2.5%
10-14 mins 6.9%
15-19 mins 15.4%
20-29 mins 47.5%
30-44 mins 7.2%
45-59 mins 7.9%
>60 mins 11.0%

CRAGFORD Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 3.1%
Educational Services 5.6%
Health Care & Social Assistance 11.2%
Manufacturing 39.1%
Retail & Wholesale Trader 17.4%
Transportation 7.5%
Other 16.1%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 28% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 12.2%
15-19 6.9%
20-24 8.4%
25-44 18.3%
45-65 29.2%
66+ 25.0%
OCCUPATION

Occupation % Distribution
Clean 3.0%
Healthcare 4.7%
Natural Resources Maintenance 20.6%
PCare 3.4%
Production & Transportation 41.6%
Sales & Office 17.6%
Other 9.0%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.4%
High School 37.5%
Masters Degree 2.6%
Some College 14.3%
Some High School 25.3%
Other 6.9%

1613 White Plains Rd Comps

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1613 White Plains Rd, Cragford, AL 36255 is a single family home of 1,120 sqft. HomeUnion INVESTimateĀ® for 1613 White Plains Rd includes a Price Estimate of $189,333 and a Rent Estimate of $527. This single family home has 0 bedrooms,0 bathrooms, and was built in 1933. This property has an estimated 15 year annualized Yield of 3.34% and Total Return of 5.58%. The estimated 1 year forecast in home value for 1613 White Plains Rd is 2.25%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AL , CLAY County , or the 36255 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2