1009 Old Post Rd PROPERTY INFO
FACTS
- Built In 1988
- Price/Sqft : $158.46
CONSTRUCTION
- Beds : 3
- Floor Size : 1,758 sqft
- Baths : 2 Full 2 Half
PROPERTY DESCRIPTION
1009 Old Post Rd, South Park, PA 15129 is a single family home of 1,758 sqft. HomeUnion estimate for 1009 Old Post Rd includes a Price Estimate of $278,569 and a Rent Estimate of $1,815. This single family home has 3 bedrooms, 4 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 7.82% and Total Return of 13.69%. The estimated 1 year forecast in home value for 1009 Old Post Rd is 3.96%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1009 Old Post Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
South Park Township
Neighborhood : South Park Township
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,815 per month.
MY RENT : $1,815 MEDIAN RENT : $1,362
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 $1,815 would therefore be considered affordable for annual household incomes greater than $72,600 (12 months x 3.333 x $1,815).
HOUSEHOLD INCOME RANGE
Approximately 1,813 of households in this neighborhood have a total annual income of $72,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,815 per month.
MINIMUM INCOME RANGE : $72,600
COMMUTE TIME DISTRIBUTION
53% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.
South Park Township Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.9% |
Educational Services | 9.0% |
Financial Industries | 7.9% |
Health Care & Social Assistance | 17.3% |
Professional & Scientific Tech Services | 8.9% |
Retail & Wholesale Trader | 14.9% |
Other | 34.0% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 28% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.1% |
15-19 | 6.5% |
20-24 | 4.3% |
25-44 | 23.8% |
45-65 | 32.3% |
66+ | 16.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 9.4% |
Healthcare | 10.9% |
Management, Business, & Financial | 22.2% |
Natural Resources Maintenance | 5.9% |
Production & Transportation | 7.9% |
Sales & Office | 24.0% |
Other | 19.7% |
HIGHEST EDUCATION LEVEL
27% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 14.9% |
High School | 28.8% |
Masters Degree | 9.4% |
Some College | 17.2% |
Some High School | 3.5% |
Other | 26.2% |
1009 Old Post Rd Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ALLEGHENY County , or the 15129 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2