INVESTimate
$102,621
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10 Mary Bell Rd PROPERTY INFO
FACTS
- Built In 1964
- Price/Sqft : $167.57
CONSTRUCTION
- Beds : 4
- Floor Size : 2,052 sqft
- Baths : 1 Full 2 Half
10 Mary Bell Rd SCHOOLS
Financial Details
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NORRISTOWN
Neighborhood : NORRISTOWN
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,129 per month.
MY RENT : $2,129 MEDIAN RENT : $1,785
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 $2,129 would therefore be considered affordable for annual household incomes greater than $85,160 (12 months x 3.333 x $2,129).
HOUSEHOLD INCOME RANGE
Approximately 7,715 of households in this neighborhood have a total annual income of $85,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,129 per month.
MINIMUM INCOME RANGE : $85,160
COMMUTE TIME DISTRIBUTION
61% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.
NORRISTOWN Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Educational Services | 9.1% |
Financial Industries | 6.8% |
Health Care & Social Assistance | 13.6% |
Manufacturing | 11.2% |
Professional & Scientific Tech Services | 13.1% |
Retail & Wholesale Trader | 13.0% |
Other | 33.2% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 26% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.4% |
15-19 | 4.7% |
20-24 | 5.5% |
25-44 | 28.2% |
45-65 | 28.5% |
66+ | 17.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 13.7% |
Healthcare | 7.0% |
Management, Business, & Financial | 24.1% |
Natural Resources Maintenance | 6.4% |
Production & Transportation | 9.3% |
Sales & Office | 22.2% |
Other | 17.3% |
HIGHEST EDUCATION LEVEL
25% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 5.8% |
High School | 27.1% |
Masters Degree | 15.4% |
Some College | 16.2% |
Some High School | 5.7% |
Other | 29.7% |
10 Mary Bell Rd Comps
10 Mary Bell Rd, Audubon, PA 19403 is a single family home of 2,052 sqft. HomeUnion INVESTimateĀ® for 10 Mary Bell Rd includes a Price Estimate of $343,851 and a Rent Estimate of $2,129. This single family home has 4 bedrooms,3 bathrooms, and was built in 1964. This property has an estimated 15 year annualized Yield of 7.43% and Total Return of 14.77%. The estimated 1 year forecast in home value for 10 Mary Bell Rd is 1.85%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , MONTGOMERY County , or the 19403 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2