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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

21295 Seminole Ave Lockhart, AL 36455

0 Beds 0 Baths 1,640 sqft Built 1905
Last updated:  Jul 30, 2018

INVESTimate

$69,715

$60.5K - $78.9K

Price Est.

$674

594 - 754

Rent Est.

$70,761  ( +1.5%)   1 YR EST. FORECAST
  
  
  

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21295 Seminole Ave PROPERTY INFO

FACTS
  • Built In 1905
  • Price/Sqft : $42.51
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,640 sqft
  • Baths : 0 Full

21295 Seminole Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
W.S. HARLAN ELEMENTARY SCHOOL Primary Regular 292 22 NA
W.S. HARLAN ELEMENTARY SCHOOL Middle Regular 292 22 NA
FLORALA HIGH SCHOOL High Regular 199 14 NA

W.S. HARLAN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 292
  • # of teachers: 22
-1
GreatSchools Rating

W.S. HARLAN ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 292
  • # of teachers: 22
-1
GreatSchools Rating

FLORALA HIGH SCHOOL

  • Education Level: High
  • # of students: 199
  • # of teachers: 14
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

LOCKHART

  • 78

    POPULATION
  • 35

    HOUSEHOLDS
  • 41.4%

    WHITE COLLAR

Neighborhood : LOCKHART

HOUSEHOLDS
35
POPULATION

78

30.3%Renters
69.7%Home Owners
LABOR FORCE

 

41.4%White Collar
58.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $659 per month.

MY RENT : $659 MEDIAN RENT : $624

Rent % Distribution LEVEL
$500-699 77.9%
$700-899 20.7%
$900-999 1.4%
$1,000-1,499 0.0%
>=$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 $659 would therefore be considered affordable for annual household incomes greater than $26,360 (12 months x 3.333 x $659).

Rent % Affordability
Above $500 76.9%
Above $700 68.2%
Above $1,100 47.7%
Above $1,500 20.5%
Above $1,900 10.1%
HOUSEHOLD INCOME RANGE

Approximately 79 of households in this neighborhood have a total annual income of $26,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $659 per month.

MINIMUM INCOME RANGE : $26,360

Income % Distribution
<$20K 23.1%
$20K-$35K 15.4%
$35K-$60K 41.0%
$60K-$100K 15.4%
>=$100K 5.1%
COMMUTE TIME DISTRIBUTION

31% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 44% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 16.7%
10-14 mins 8.3%
15-19 mins 8.3%
20-29 mins 8.3%
30-44 mins 13.9%
45-59 mins 13.9%
>60 mins 30.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $659 per month.

MY RENT : $659 MEDIAN RENT : $624

Rent % Distribution
$500-699 77.9%
$700-899 20.7%
$900-999 1.4%
$1,000-1,499 0.0%
>=$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 $659 would therefore be considered affordable for annual household incomes greater than $26,360 (12 months x 3.333 x $659).

Rent % Affordability
Above $500 76.9%
Above $700 68.2%
Above $1,100 47.7%
Above $1,500 20.5%
Above $1,900 10.1%
HOUSEHOLD INCOME RANGE

Approximately 79 of households in this neighborhood have a total annual income of $26,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $659 per month.

MINIMUM INCOME RANGE : $26,360

Income % Distribution
<$20K 23.1%
$20K-$35K 15.4%
$35K-$60K 41.0%
$60K-$100K 15.4%
>=$100K 5.1%
COMMUTE TIME DISTRIBUTION

31% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 44% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 16.7%
10-14 mins 8.3%
15-19 mins 8.3%
20-29 mins 8.3%
30-44 mins 13.9%
45-59 mins 13.9%
>60 mins 30.6%

LOCKHART Demographics

INDUSTRY

Industry % Distribution
Administrative Support 8.6%
Agriculture, Fishing & Game 8.6%
Construction 20.0%
Manufacturing 8.6%
Retail & Wholesale Trader 11.4%
Transportation 8.6%
Other 34.3%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 26% is 24 or younger and 24% is 65 or older.

Age % Distribution
<15 20.5%
15-19 1.3%
20-24 3.8%
25-44 20.5%
45-65 29.5%
66+ 24.4%
OCCUPATION

Occupation % Distribution
Management, Business, & Financial 11.1%
Natural Resources Maintenance 29.6%
Production & Transportation 14.8%
Protect 7.4%
Sales & Office 14.8%
Social 7.4%
Other 14.8%
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 12.5%
High School 42.9%
Masters Degree 5.4%
Some College 14.3%
Some High School 19.6%
Other 5.4%

21295 Seminole Ave Comps

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21295 Seminole Ave, Lockhart, AL 36455 is a single family home of 1,640 sqft. HomeUnion INVESTimateĀ® for 21295 Seminole Ave includes a Price Estimate of $69,715 and a Rent Estimate of $674. This single family home has 0 bedrooms,0 bathrooms, and was built in 1905. This property has an estimated 15 year annualized Yield of 11.60% and Total Return of 18.77%. The estimated 1 year forecast in home value for 21295 Seminole Ave is 1.5%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AL , COVINGTON County , or the 36455 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2