INVESTimate
$23,463
Financial Details373 Henry St PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $67.58
CONSTRUCTION
- Beds : 2
- Floor Size : 668 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
373 Henry St, Appalachia, VA 24216 is a single family home of 668 sqft. HomeUnion estimate for 373 Henry St includes a Price Estimate of $45,145 and a Rent Estimate of $810. This single family home has 2 bedrooms, 1 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 21.53% and Total Return of 30.76%. The estimated 1 year forecast in home value for 373 Henry St is -0.84%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
373 Henry St SCHOOLS
Sorry, we do not have sufficient school data for this neighborhood.
Financial Details
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APPALACHIA
Neighborhood : APPALACHIA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $775 per month.
MY RENT : $775 MEDIAN RENT : $901
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 $775 would therefore be considered affordable for annual household incomes greater than $31,000 (12 months x 3.333 x $775).
HOUSEHOLD INCOME RANGE
Approximately 2,512 of households in this neighborhood have a total annual income of $31,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $775 per month.
MINIMUM INCOME RANGE : $31,000
COMMUTE TIME DISTRIBUTION
49% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.
APPALACHIA Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 14.8% |
| Educational Services | 7.5% |
| Health Care & Social Assistance | 12.8% |
| Manufacturing | 11.3% |
| Retail & Wholesale Trader | 12.0% |
| Transportation | 7.3% |
| Other | 34.3% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 34% is 24 or younger and 16% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 20.0% |
| 15-19 | 5.2% |
| 20-24 | 8.9% |
| 25-44 | 24.7% |
| 45-65 | 25.2% |
| 66+ | 16.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 4.5% |
| Healthcare | 9.9% |
| Management, Business, & Financial | 10.8% |
| Natural Resources Maintenance | 21.2% |
| Production & Transportation | 9.3% |
| Sales & Office | 32.4% |
| Other | 11.9% |
HIGHEST EDUCATION LEVEL
12% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 7.2% |
| High School | 35.5% |
| Masters Degree | 3.5% |
| Some College | 20.6% |
| Some High School | 25.9% |
| Other | 7.2% |
373 Henry St Comps
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