Financials
INVESTimate
$28,220
OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
30 Pruett Rd PROPERTY INFO
FACTS
- Built In 1964
- Price/Sqft : $100.63
CONSTRUCTION
- Beds : 0
- Floor Size : 627 sqft
- Baths : 0 Full
30 Pruett Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
GROVEOAK
Neighborhood : GROVEOAK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 107% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $478 per month.
MY RENT : $478 MEDIAN RENT : $671
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 $478 would therefore be considered affordable for annual household incomes greater than $19,120 (12 months x 3.333 x $478).
HOUSEHOLD INCOME RANGE
Approximately -1,239,779 of households in this neighborhood have a total annual income of $19,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $478 per month.
MINIMUM INCOME RANGE : $19,120
COMMUTE TIME DISTRIBUTION
42% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
GROVEOAK Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 16.2% |
| Arts & Entertainment | 6.1% |
| Health Care & Social Assistance | 11.9% |
| Manufacturing | 23.5% |
| Retail & Wholesale Trader | 18.0% |
| Transportation | 9.4% |
| Other | 14.9% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 31% is 24 or younger and 19% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 10.8% |
| 15-19 | 2.9% |
| 20-24 | 17.4% |
| 25-44 | 15.4% |
| 45-65 | 34.5% |
| 66+ | 19.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 14.7% |
| Management, Business, & Financial | 22.7% |
| Natural Resources Maintenance | 11.9% |
| Production & Transportation | 32.4% |
| Protect | 4.7% |
| Sales & Office | 7.2% |
| Other | 6.5% |
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 | 11.1% |
| High School | 26.0% |
| Masters Degree | 3.4% |
| Some College | 24.8% |
| Some High School | 27.6% |
| Other | 7.0% |
30 Pruett Rd Comps
Sorry, we do not have sufficient data available.
30 Pruett Rd, Groveoak, AL 35975 is a single family home of 627 sqft. HomeUnion INVESTimateĀ® for 30 Pruett Rd includes a Price Estimate of $63,094 and a Rent Estimate of $445. This single family home has 0 bedrooms,0 bathrooms, and was built in 1964. This property has an estimated 15 year annualized Yield of 8.46% and Total Return of 9.67%. The estimated 1 year forecast in home value for 30 Pruett Rd is 0%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AL , MARSHALL County , or the 35975 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
