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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

4334 Old Coal City Rd Ragland, AL 35131

0 Beds 0 Baths 1,477 sqft Built 1926
Last updated:  Jul 30, 2018

INVESTimate

$85,191

$72.4K - $98.0K

Price Est.

$807

751 - 863

Rent Est.

$86,707  ( +1.78%)   1 YR EST. FORECAST
  
  
  

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4334 Old Coal City Rd PROPERTY INFO

FACTS
  • Built In 1926
  • Price/Sqft : $57.68
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,477 sqft
  • Baths : 0 Full

4334 Old Coal City Rd SCHOOLS

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Financial Details

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Neighborhood

RAGLAND

  • 4,115

    POPULATION
  • 1,603

    HOUSEHOLDS
  • 45.0%

    WHITE COLLAR

Neighborhood : RAGLAND

HOUSEHOLDS
1,603
POPULATION

4,115

23.2%Renters
76.8%Home Owners
LABOR FORCE

 

45.0%White Collar
55.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $861 per month.

MY RENT : $861 MEDIAN RENT : $965

Rent % Distribution LEVEL
$500-699 0.2%
$700-899 31.3%
$900-999 26.4%
$1,000-1,499 36.4%
>=$1,500 5.7%
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 $861 would therefore be considered affordable for annual household incomes greater than $34,440 (12 months x 3.333 x $861).

Rent % Affordability
Above $500 75.7%
Above $700 62.9%
Above $1,100 48.1%
Above $1,500 35.5%
Above $1,900 25.9%
HOUSEHOLD INCOME RANGE

Approximately 3,905 of households in this neighborhood have a total annual income of $34,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $861 per month.

MINIMUM INCOME RANGE : $34,440

Income % Distribution
<$20K 24.3%
$20K-$35K 21.0%
$35K-$60K 19.2%
$60K-$100K 25.8%
>=$100K 9.7%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 6.5%
10-14 mins 4.7%
15-19 mins 5.4%
20-29 mins 24.8%
30-44 mins 29.8%
45-59 mins 17.2%
>60 mins 9.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $861 per month.

MY RENT : $861 MEDIAN RENT : $965

Rent % Distribution
$500-699 0.2%
$700-899 31.3%
$900-999 26.4%
$1,000-1,499 36.4%
>=$1,500 5.7%
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 $861 would therefore be considered affordable for annual household incomes greater than $34,440 (12 months x 3.333 x $861).

Rent % Affordability
Above $500 75.7%
Above $700 62.9%
Above $1,100 48.1%
Above $1,500 35.5%
Above $1,900 25.9%
HOUSEHOLD INCOME RANGE

Approximately 3,905 of households in this neighborhood have a total annual income of $34,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $861 per month.

MINIMUM INCOME RANGE : $34,440

Income % Distribution
<$20K 24.3%
$20K-$35K 21.0%
$35K-$60K 19.2%
$60K-$100K 25.8%
>=$100K 9.7%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 6.5%
10-14 mins 4.7%
15-19 mins 5.4%
20-29 mins 24.8%
30-44 mins 29.8%
45-59 mins 17.2%
>60 mins 9.4%

RAGLAND Demographics

INDUSTRY

Industry % Distribution
Administrative Support 9.5%
Arts & Entertainment 10.6%
Construction 10.2%
Manufacturing 15.2%
Public Administration 9.7%
Retail & Wholesale Trader 8.4%
Other 36.4%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 31% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 17.7%
15-19 8.1%
20-24 5.6%
25-44 22.1%
45-65 30.3%
66+ 16.2%
OCCUPATION

Occupation % Distribution
Healthcare 5.2%
Management, Business, & Financial 12.0%
Natural Resources Maintenance 16.6%
Production & Transportation 22.9%
Protect 5.6%
Sales & Office 20.5%
Other 17.2%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.3%
High School 40.7%
Masters Degree 1.7%
Some College 21.1%
Some High School 23.5%
Other 4.8%

4334 Old Coal City Rd Comps

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4334 Old Coal City Rd, Ragland, AL 35131 is a single family home of 1,477 sqft. HomeUnion INVESTimateĀ® for 4334 Old Coal City Rd includes a Price Estimate of $85,191 and a Rent Estimate of $807. This single family home has 0 bedrooms,0 bathrooms, and was built in 1926. This property has an estimated 15 year annualized Yield of 11.37% and Total Return of 20.97%. The estimated 1 year forecast in home value for 4334 Old Coal City Rd is 1.78%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AL , SAINT CLAIR County , or the 35131 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2