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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

3861 Alexander Rd Quinton, AL 35130

2 Beds 1 Baths 996 sqft Built 1920
Last updated:  Jun 30, 2018

INVESTimate

$54,911

$49.8K - $60.0K

Price Est.

$665

586 - 744

Rent Est.

$55,548  ( +1.16%)   1 YR EST. FORECAST
  
  
  

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3861 Alexander Rd PROPERTY INFO

FACTS
  • Built In 1920
  • Price/Sqft : $55.13
CONSTRUCTION
  • Beds : 2
  • Floor Size : 996 sqft
  • Baths : 1 Full

3861 Alexander Rd SCHOOLS

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Financial Details

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Neighborhood

QUINTON

  • 3,045

    POPULATION
  • 1,251

    HOUSEHOLDS
  • 48.1%

    WHITE COLLAR

Neighborhood : QUINTON

HOUSEHOLDS
1,251
POPULATION

3,045

21.6%Renters
78.4%Home Owners
LABOR FORCE

 

48.1%White Collar
51.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $639 per month.

MY RENT : $639 MEDIAN RENT : $732

Rent % Distribution LEVEL
$500-699 42.4%
$700-899 36.5%
$900-999 11.4%
$1,000-1,499 8.4%
>=$1,500 1.3%
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 $639 would therefore be considered affordable for annual household incomes greater than $25,560 (12 months x 3.333 x $639).

Rent % Affordability
Above $500 72.3%
Above $700 63.6%
Above $1,100 47.5%
Above $1,500 34.6%
Above $1,900 23.1%
HOUSEHOLD INCOME RANGE

Approximately 2,608 of households in this neighborhood have a total annual income of $25,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $639 per month.

MINIMUM INCOME RANGE : $25,560

Income % Distribution
<$20K 27.7%
$20K-$35K 16.5%
$35K-$60K 21.2%
$60K-$100K 23.9%
>=$100K 10.7%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.7%
5-9 mins 3.8%
10-14 mins 5.3%
15-19 mins 7.4%
20-29 mins 14.7%
30-44 mins 30.7%
45-59 mins 23.3%
>60 mins 11.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $639 per month.

MY RENT : $639 MEDIAN RENT : $732

Rent % Distribution
$500-699 42.4%
$700-899 36.5%
$900-999 11.4%
$1,000-1,499 8.4%
>=$1,500 1.3%
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 $639 would therefore be considered affordable for annual household incomes greater than $25,560 (12 months x 3.333 x $639).

Rent % Affordability
Above $500 72.3%
Above $700 63.6%
Above $1,100 47.5%
Above $1,500 34.6%
Above $1,900 23.1%
HOUSEHOLD INCOME RANGE

Approximately 2,608 of households in this neighborhood have a total annual income of $25,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $639 per month.

MINIMUM INCOME RANGE : $25,560

Income % Distribution
<$20K 27.7%
$20K-$35K 16.5%
$35K-$60K 21.2%
$60K-$100K 23.9%
>=$100K 10.7%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.7%
5-9 mins 3.8%
10-14 mins 5.3%
15-19 mins 7.4%
20-29 mins 14.7%
30-44 mins 30.7%
45-59 mins 23.3%
>60 mins 11.1%

QUINTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.2%
Construction 10.2%
Health Care & Social Assistance 10.2%
Manufacturing 12.7%
Retail & Wholesale Trader 20.6%
Transportation 7.4%
Other 32.7%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 29% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 18.0%
15-19 6.0%
20-24 4.6%
25-44 22.6%
45-65 31.1%
66+ 17.7%
OCCUPATION

Occupation % Distribution
Construction 3.1%
Healthcare 7.8%
Management, Business, & Financial 10.7%
Natural Resources Maintenance 15.9%
Production & Transportation 28.5%
Sales & Office 21.2%
Other 12.9%
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 9.6%
High School 42.3%
Masters Degree 1.8%
Some College 17.8%
Some High School 22.2%
Other 6.2%

3861 Alexander Rd Comps

Sorry, we do not have sufficient data available.

3861 Alexander Rd, Quinton, AL 35130 is a single family home of 996 sqft. HomeUnion INVESTimateĀ® for 3861 Alexander Rd includes a Price Estimate of $54,911 and a Rent Estimate of $665. This single family home has 2 bedrooms,1 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 14.53% and Total Return of 21.03%. The estimated 1 year forecast in home value for 3861 Alexander Rd is 1.16%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AL , JEFFERSON County , or the 35130 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2