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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

439 Hamlet Ln Townley, AL 35587

0 Beds 0 Baths 1,386 sqft Built 1988
Last updated:  May 30, 2018

INVESTimate

$85,477

$77.2K - $93.8K

Price Est.

$646

569 - 723

Rent Est.

$86,845  ( +1.6%)   1 YR EST. FORECAST
  
  
  

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439 Hamlet Ln PROPERTY INFO

FACTS
  • Built In 1988
  • Price/Sqft : $61.67
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,386 sqft
  • Baths : 0 Full

439 Hamlet Ln SCHOOLS

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Financial Details

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Neighborhood

TOWNLEY

  • 658

    POPULATION
  • 281

    HOUSEHOLDS
  • 30.0%

    WHITE COLLAR

Neighborhood : TOWNLEY

HOUSEHOLDS
281
POPULATION

658

6.8%Renters
93.2%Home Owners
LABOR FORCE

 

30.0%White Collar
70.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 61% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $631 per month.

MY RENT : $631 MEDIAN RENT : $676

Rent % Distribution LEVEL
$500-699 60.2%
$700-899 32.2%
$900-999 6.8%
$1,000-1,499 0.8%
>=$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 $631 would therefore be considered affordable for annual household incomes greater than $25,240 (12 months x 3.333 x $631).

Rent % Affordability
Above $500 76.5%
Above $700 68.0%
Above $1,100 39.4%
Above $1,500 24.2%
Above $1,900 14.4%
HOUSEHOLD INCOME RANGE

Approximately 679 of households in this neighborhood have a total annual income of $25,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $631 per month.

MINIMUM INCOME RANGE : $25,240

Income % Distribution
<$20K 23.5%
$20K-$35K 19.9%
$35K-$60K 32.4%
$60K-$100K 15.3%
>=$100K 8.9%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.4%
5-9 mins 17.9%
10-14 mins 2.4%
15-19 mins 14.2%
20-29 mins 16.3%
30-44 mins 24.4%
45-59 mins 4.1%
>60 mins 20.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 61% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $631 per month.

MY RENT : $631 MEDIAN RENT : $676

Rent % Distribution
$500-699 60.2%
$700-899 32.2%
$900-999 6.8%
$1,000-1,499 0.8%
>=$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 $631 would therefore be considered affordable for annual household incomes greater than $25,240 (12 months x 3.333 x $631).

Rent % Affordability
Above $500 76.5%
Above $700 68.0%
Above $1,100 39.4%
Above $1,500 24.2%
Above $1,900 14.4%
HOUSEHOLD INCOME RANGE

Approximately 679 of households in this neighborhood have a total annual income of $25,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $631 per month.

MINIMUM INCOME RANGE : $25,240

Income % Distribution
<$20K 23.5%
$20K-$35K 19.9%
$35K-$60K 32.4%
$60K-$100K 15.3%
>=$100K 8.9%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.4%
5-9 mins 17.9%
10-14 mins 2.4%
15-19 mins 14.2%
20-29 mins 16.3%
30-44 mins 24.4%
45-59 mins 4.1%
>60 mins 20.3%

TOWNLEY Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 14.2%
Educational Services 4.7%
Health Care & Social Assistance 13.8%
Manufacturing 10.3%
Retail & Wholesale Trader 26.5%
Transportation 8.7%
Other 21.7%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 30% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 12.9%
15-19 3.5%
20-24 13.5%
25-44 20.4%
45-65 33.3%
66+ 16.4%
OCCUPATION

Occupation % Distribution
Clean 4.5%
Construction 3.9%
Healthcare 8.4%
Natural Resources Maintenance 17.4%
Production & Transportation 47.8%
Sales & Office 15.7%
Other 2.2%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.4%
High School 38.6%
Masters Degree 2.1%
Some College 18.4%
Some High School 26.6%
Other 1.9%

439 Hamlet Ln Comps

Sorry, we do not have sufficient data available.

439 Hamlet Ln, Townley, AL 35587 is a single family home of 1,386 sqft. HomeUnion INVESTimateĀ® for 439 Hamlet Ln includes a Price Estimate of $85,477 and a Rent Estimate of $646. This single family home has 0 bedrooms,0 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 9.07% and Total Return of 16.10%. The estimated 1 year forecast in home value for 439 Hamlet Ln is 1.6%.

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