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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

31970 Highway 14 Greensboro, AL 36744

0 Beds 0 Baths 2,290 sqft Built 1977
Last updated:  May 30, 2018

INVESTimate

$96,683

$86.6K - $107K

Price Est.

$767

663 - 871

Rent Est.

$99,690  ( +3.11%)   1 YR EST. FORECAST
  
  
  

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31970 Highway 14 PROPERTY INFO

FACTS
  • Built In 1977
  • Price/Sqft : $42.22
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,290 sqft
  • Baths : 0 Full

31970 Highway 14 SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

GREENSBORO

  • 6,851

    POPULATION
  • 2,689

    HOUSEHOLDS
  • 52.2%

    WHITE COLLAR

Neighborhood : GREENSBORO

HOUSEHOLDS
2,689
POPULATION

6,851

35.6%Renters
64.4%Home Owners
LABOR FORCE

 

52.2%White Collar
47.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $769 per month.

MY RENT : $769 MEDIAN RENT : $777

Rent % Distribution LEVEL
$500-699 22.7%
$700-899 64.5%
$900-999 10.4%
$1,000-1,499 2.5%
>=$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 $769 would therefore be considered affordable for annual household incomes greater than $30,760 (12 months x 3.333 x $769).

Rent % Affordability
Above $500 62.5%
Above $700 51.6%
Above $1,100 35.0%
Above $1,500 23.8%
Above $1,900 14.2%
HOUSEHOLD INCOME RANGE

Approximately 6,050 of households in this neighborhood have a total annual income of $30,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $769 per month.

MINIMUM INCOME RANGE : $30,760

Income % Distribution
<$20K 37.5%
$20K-$35K 20.0%
$35K-$60K 18.7%
$60K-$100K 15.7%
>=$100K 8.1%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.9%
5-9 mins 13.0%
10-14 mins 14.7%
15-19 mins 9.2%
20-29 mins 16.8%
30-44 mins 14.8%
45-59 mins 16.0%
>60 mins 10.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $769 per month.

MY RENT : $769 MEDIAN RENT : $777

Rent % Distribution
$500-699 22.7%
$700-899 64.5%
$900-999 10.4%
$1,000-1,499 2.5%
>=$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 $769 would therefore be considered affordable for annual household incomes greater than $30,760 (12 months x 3.333 x $769).

Rent % Affordability
Above $500 62.5%
Above $700 51.6%
Above $1,100 35.0%
Above $1,500 23.8%
Above $1,900 14.2%
HOUSEHOLD INCOME RANGE

Approximately 6,050 of households in this neighborhood have a total annual income of $30,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $769 per month.

MINIMUM INCOME RANGE : $30,760

Income % Distribution
<$20K 37.5%
$20K-$35K 20.0%
$35K-$60K 18.7%
$60K-$100K 15.7%
>=$100K 8.1%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.9%
5-9 mins 13.0%
10-14 mins 14.7%
15-19 mins 9.2%
20-29 mins 16.8%
30-44 mins 14.8%
45-59 mins 16.0%
>60 mins 10.5%

GREENSBORO Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 5.6%
Arts & Entertainment 6.9%
Educational Services 10.0%
Health Care & Social Assistance 16.0%
Manufacturing 18.5%
Retail & Wholesale Trader 17.9%
Other 25.1%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 34% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 18.3%
15-19 8.6%
20-24 7.4%
25-44 19.5%
45-65 28.5%
66+ 17.7%
OCCUPATION

Occupation % Distribution
Construction 7.3%
Healthcare 11.3%
Management, Business, & Financial 14.3%
Natural Resources Maintenance 10.6%
Production & Transportation 20.5%
Sales & Office 16.8%
Other 19.2%
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 4.8%
High School 44.1%
Masters Degree 2.3%
Some College 17.6%
Some High School 18.3%
Other 12.9%

31970 Highway 14 Comps

Sorry, we do not have sufficient data available.

31970 Highway 14, Greensboro, AL 36744 is a single family home of 2,290 sqft. HomeUnion INVESTimateĀ® for 31970 Highway 14 includes a Price Estimate of $96,683 and a Rent Estimate of $767. This single family home has 0 bedrooms,0 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 9.52% and Total Return of 18.67%. The estimated 1 year forecast in home value for 31970 Highway 14 is 3.11%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AL , PERRY County , or the 36744 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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