INVESTimate
$130,983
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510 W Almeria Rd PROPERTY INFO
FACTS
- Built In 1940
- Price/Sqft : $190.16
CONSTRUCTION
- Beds : 0
- Floor Size : 2,371 sqft
- Baths : 0 Full
510 W Almeria Rd SCHOOLS
Financial Details
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Willo
Neighborhood : Willo
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,286 per month.
MY RENT : $2,286 MEDIAN RENT : $1,736
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 $2,286 would therefore be considered affordable for annual household incomes greater than $91,440 (12 months x 3.333 x $2,286).
HOUSEHOLD INCOME RANGE
Approximately 686 of households in this neighborhood have a total annual income of $91,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,286 per month.
MINIMUM INCOME RANGE : $91,440
COMMUTE TIME DISTRIBUTION
65% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.
Willo Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.7% |
Educational Services | 15.5% |
Health Care & Social Assistance | 9.9% |
Professional & Scientific Tech Services | 16.7% |
Public Administration | 9.0% |
Retail & Wholesale Trader | 15.9% |
Other | 25.2% |
AGE DISTRIBUTION
74% of the population is between the ages of 25 and 64, 16% is 24 or younger and 10% is 65 or older.
Age | % Distribution |
---|---|
<15 | 9.6% |
15-19 | 3.7% |
20-24 | 2.5% |
25-44 | 36.1% |
45-65 | 38.2% |
66+ | 10.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 14.2% |
Construction | 13.4% |
Healthcare | 4.7% |
Legal | 7.7% |
Management, Business, & Financial | 24.9% |
Sales & Office | 26.2% |
Other | 8.8% |
HIGHEST EDUCATION LEVEL
35% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Doctorate | 6.1% |
High School | 11.4% |
Masters Degree | 13.9% |
Professional | 10.2% |
Some College | 23.1% |
Other | 35.3% |
510 W Almeria Rd Comps
510 W Almeria Rd, Phoenix, AZ 85003 is a single family home of 2,371 sqft. HomeUnion INVESTimateĀ® for 510 W Almeria Rd includes a Price Estimate of $450,880 and a Rent Estimate of $1,725. This single family home has 0 bedrooms,0 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 4.59% and Total Return of 10.87%. The estimated 1 year forecast in home value for 510 W Almeria Rd is 2.8%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AZ , MARICOPA County , or the 85003 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2