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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

32 County Road 1542 Eva, AL 35621

0 Beds 1 Baths 1,596 sqft Built 1961
Last updated:  Jul 30, 2018

INVESTimate

$176,064

$157K - $195K

Price Est.

$640

575 - 705

Rent Est.

$186,117  ( +5.71%)   1 YR EST. FORECAST
  
  
  

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32 County Road 1542 PROPERTY INFO

FACTS
  • Built In 1961
  • Price/Sqft : $110.32
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,596 sqft
  • Baths : 1 Full

32 County Road 1542 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FAIRVIEW ELEMENTARY SCHOOL Primary Regular 603 41 NA
FAIRVIEW HIGH SCHOOL Middle Regular 495 32 NA
FAIRVIEW HIGH SCHOOL High Regular 495 32 NA

FAIRVIEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 603
  • # of teachers: 41
-1
GreatSchools Rating

FAIRVIEW HIGH SCHOOL

  • Education Level: Middle
  • # of students: 495
  • # of teachers: 32
-1
GreatSchools Rating

FAIRVIEW HIGH SCHOOL

  • Education Level: High
  • # of students: 495
  • # of teachers: 32
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

EVA

  • 3,275

    POPULATION
  • 1,254

    HOUSEHOLDS
  • 57.7%

    WHITE COLLAR

Neighborhood : EVA

HOUSEHOLDS
1,254
POPULATION

3,275

16.2%Renters
83.8%Home Owners
LABOR FORCE

 

57.7%White Collar
42.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $676 per month.

MY RENT : $676 MEDIAN RENT : $670

Rent % Distribution LEVEL
$400-699 56.4%
$700-899 30.8%
$900-999 8.5%
$1,000-1,499 4.1%
>=$1,500 0.2%
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 $676 would therefore be considered affordable for annual household incomes greater than $27,040 (12 months x 3.333 x $676).

Rent % Affordability
Above $500 79.7%
Above $700 71.3%
Above $1,100 54.7%
Above $1,500 40.5%
Above $1,900 29.4%
HOUSEHOLD INCOME RANGE

Approximately 2,704 of households in this neighborhood have a total annual income of $27,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $676 per month.

MINIMUM INCOME RANGE : $27,040

Income % Distribution
<$20K 20.3%
$20K-$35K 16.5%
$35K-$60K 22.7%
$60K-$100K 25.0%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 5.0%
10-14 mins 3.3%
15-19 mins 12.3%
20-29 mins 28.7%
30-44 mins 24.2%
45-59 mins 14.9%
>60 mins 7.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $676 per month.

MY RENT : $676 MEDIAN RENT : $670

Rent % Distribution
$400-699 56.4%
$700-899 30.8%
$900-999 8.5%
$1,000-1,499 4.1%
>=$1,500 0.2%
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 $676 would therefore be considered affordable for annual household incomes greater than $27,040 (12 months x 3.333 x $676).

Rent % Affordability
Above $500 79.7%
Above $700 71.3%
Above $1,100 54.7%
Above $1,500 40.5%
Above $1,900 29.4%
HOUSEHOLD INCOME RANGE

Approximately 2,704 of households in this neighborhood have a total annual income of $27,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $676 per month.

MINIMUM INCOME RANGE : $27,040

Income % Distribution
<$20K 20.3%
$20K-$35K 16.5%
$35K-$60K 22.7%
$60K-$100K 25.0%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 5.0%
10-14 mins 3.3%
15-19 mins 12.3%
20-29 mins 28.7%
30-44 mins 24.2%
45-59 mins 14.9%
>60 mins 7.3%

EVA Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.3%
Construction 10.1%
Educational Services 9.9%
Health Care & Social Assistance 8.8%
Manufacturing 21.3%
Retail & Wholesale Trader 18.7%
Other 23.1%
AGE DISTRIBUTION

52% 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 21.1%
15-19 4.8%
20-24 8.3%
25-44 22.8%
45-65 28.8%
66+ 14.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.5%
Construction 8.8%
Management, Business, & Financial 8.3%
Natural Resources Maintenance 11.1%
Production & Transportation 24.8%
Sales & Office 29.7%
Other 11.8%
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 7.6%
High School 37.6%
Masters Degree 4.2%
Some College 20.6%
Some High School 18.5%
Other 11.5%

32 County Road 1542 Comps

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32 County Road 1542, Eva, AL 35621 is a single family home of 1,596 sqft. HomeUnion INVESTimateĀ® for 32 County Road 1542 includes a Price Estimate of $176,064 and a Rent Estimate of $640. This single family home has 0 bedrooms,1 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 4.36% and Total Return of 13.45%. The estimated 1 year forecast in home value for 32 County Road 1542 is 5.71%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AL , CULLMAN County , or the 35621 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2