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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

2400 34th St Valley, AL 36854

0 Beds 0 Baths 2,005 sqft Built 1908
Last updated:  Jul 30, 2018

INVESTimate

$92,322

$82.8K - $102K

Price Est.

$765

662 - 868

Rent Est.

$95,378  ( +3.31%)   1 YR EST. FORECAST
  
  
  

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2400 34th St PROPERTY INFO

FACTS
  • Built In 1908
  • Price/Sqft : $46.05
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,005 sqft
  • Baths : 0 Full

2400 34th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BOB HARDING-SHAWMUT ELEMENTARY SCHOOL Primary Regular 223 16 NA
VALLEY HIGH SCHOOL Middle Regular 893 57 NA
VALLEY HIGH SCHOOL High Regular 893 57 NA

BOB HARDING-SHAWMUT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 223
  • # of teachers: 16
-1
GreatSchools Rating

VALLEY HIGH SCHOOL

  • Education Level: Middle
  • # of students: 893
  • # of teachers: 57
-1
GreatSchools Rating

VALLEY HIGH SCHOOL

  • Education Level: High
  • # of students: 893
  • # of teachers: 57
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

VALLEY

  • 15,574

    POPULATION
  • 6,007

    HOUSEHOLDS
  • 55.0%

    WHITE COLLAR

Neighborhood : VALLEY

HOUSEHOLDS
6,007
POPULATION

15,574

35.8%Renters
64.2%Home Owners
LABOR FORCE

 

55.0%White Collar
45.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $792 per month.

MY RENT : $792 MEDIAN RENT : $694

Rent % Distribution LEVEL
$400-699 51.9%
$700-899 33.0%
$900-999 8.9%
$1,000-1,499 4.9%
>=$1,500 1.2%
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 $792 would therefore be considered affordable for annual household incomes greater than $31,680 (12 months x 3.333 x $792).

Rent % Affordability
Above $500 78.3%
Above $700 68.8%
Above $1,100 49.3%
Above $1,500 37.2%
Above $1,900 26.9%
HOUSEHOLD INCOME RANGE

Approximately 14,595 of households in this neighborhood have a total annual income of $31,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $792 per month.

MINIMUM INCOME RANGE : $31,680

Income % Distribution
<$20K 21.7%
$20K-$35K 20.3%
$35K-$60K 20.8%
$60K-$100K 22.4%
>=$100K 14.8%
COMMUTE TIME DISTRIBUTION

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

Time (mins) % Distribution
<5 mins 2.4%
5-9 mins 5.6%
10-14 mins 11.4%
15-19 mins 24.9%
20-29 mins 22.9%
30-44 mins 22.1%
45-59 mins 5.3%
>60 mins 5.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $792 per month.

MY RENT : $792 MEDIAN RENT : $694

Rent % Distribution
$400-699 51.9%
$700-899 33.0%
$900-999 8.9%
$1,000-1,499 4.9%
>=$1,500 1.2%
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 $792 would therefore be considered affordable for annual household incomes greater than $31,680 (12 months x 3.333 x $792).

Rent % Affordability
Above $500 78.3%
Above $700 68.8%
Above $1,100 49.3%
Above $1,500 37.2%
Above $1,900 26.9%
HOUSEHOLD INCOME RANGE

Approximately 14,595 of households in this neighborhood have a total annual income of $31,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $792 per month.

MINIMUM INCOME RANGE : $31,680

Income % Distribution
<$20K 21.7%
$20K-$35K 20.3%
$35K-$60K 20.8%
$60K-$100K 22.4%
>=$100K 14.8%
COMMUTE TIME DISTRIBUTION

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

Time (mins) % Distribution
<5 mins 2.4%
5-9 mins 5.6%
10-14 mins 11.4%
15-19 mins 24.9%
20-29 mins 22.9%
30-44 mins 22.1%
45-59 mins 5.3%
>60 mins 5.5%

VALLEY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 5.8%
Construction 7.8%
Educational Services 6.5%
Health Care & Social Assistance 12.3%
Manufacturing 24.9%
Retail & Wholesale Trader 14.1%
Other 28.6%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 21.0%
15-19 5.9%
20-24 7.6%
25-44 28.1%
45-65 23.0%
66+ 14.4%
OCCUPATION

Occupation % Distribution
Construction 3.8%
Healthcare 8.8%
Management, Business, & Financial 14.5%
Natural Resources Maintenance 14.3%
Production & Transportation 23.1%
Sales & Office 25.3%
Other 10.3%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.3%
High School 35.9%
Masters Degree 3.7%
Some College 24.6%
Some High School 13.3%
Other 13.1%

2400 34th St Comps

Sorry, we do not have sufficient data available.

2400 34th St, Valley, AL 36854 is a single family home of 2,005 sqft. HomeUnion INVESTimateĀ® for 2400 34th St includes a Price Estimate of $92,322 and a Rent Estimate of $765. This single family home has 0 bedrooms,0 bathrooms, and was built in 1908. This property has an estimated 15 year annualized Yield of 9.94% and Total Return of 19.61%. The estimated 1 year forecast in home value for 2400 34th St is 3.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AL , CHAMBERS County , or the 36854 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2