Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

1010 Noble Rd Christiana, PA 17509

2 Beds 1 Baths 928 sqft Built 1880
Last updated:  Jan 23, 2020

INVESTimate

$256,717

$240K - $274K

Price Est.

$1,035

956 - $1.1K

Rent Est.

$263,263  ( +2.55%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1424 BRETON RD JACKSONVILLE, FL
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950
    AVAILABLE
    • 14.27% GROSS YIELD
    • $5,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,900
    • $26,924
    • $950

1010 Noble Rd PROPERTY INFO

FACTS
  • Built In 1880
  • Price/Sqft : $276.63
CONSTRUCTION
  • Beds : 2
  • Floor Size : 928 sqft
  • Baths : 1 Full

1010 Noble Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SOLANCO HIGH SCHOOL High Regular 1,126 73 5

SOLANCO HIGH SCHOOL

  • Education Level: High
  • # of students: 1,126
  • # of teachers: 73
5
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

CHRISTIANA

  • 4,847

    POPULATION
  • 1,302

    HOUSEHOLDS
  • 51.0%

    WHITE COLLAR

Neighborhood : CHRISTIANA

HOUSEHOLDS
1,302
POPULATION

4,847

24.0%Renters
76.0%Home Owners
LABOR FORCE

 

51.0%White Collar
49.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 92% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,035 per month.

MY RENT : $1,035 MEDIAN RENT : $1,303

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.1%
$900-999 1.6%
$1,000-1,499 75.9%
>=$1,500 21.4%
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 $1,035 would therefore be considered affordable for annual household incomes greater than $41,400 (12 months x 3.333 x $1,035).

Rent % Affordability
Above $500 91.3%
Above $700 85.0%
Above $1,100 69.7%
Above $1,500 57.5%
Above $1,900 43.1%
HOUSEHOLD INCOME RANGE

Approximately 837 of households in this neighborhood have a total annual income of $41,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,035 per month.

MINIMUM INCOME RANGE : $41,400

Income % Distribution
<$20K 8.7%
$20K-$35K 11.7%
$35K-$60K 22.1%
$60K-$100K 28.7%
>=$100K 28.8%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.0%
5-9 mins 10.9%
10-14 mins 13.4%
15-19 mins 11.5%
20-29 mins 16.8%
30-44 mins 21.8%
45-59 mins 11.6%
>60 mins 8.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 92% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,035 per month.

MY RENT : $1,035 MEDIAN RENT : $1,303

Rent % Distribution
$500-699 0.0%
$700-899 1.1%
$900-999 1.6%
$1,000-1,499 75.9%
>=$1,500 21.4%
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 $1,035 would therefore be considered affordable for annual household incomes greater than $41,400 (12 months x 3.333 x $1,035).

Rent % Affordability
Above $500 91.3%
Above $700 85.0%
Above $1,100 69.7%
Above $1,500 57.5%
Above $1,900 43.1%
HOUSEHOLD INCOME RANGE

Approximately 837 of households in this neighborhood have a total annual income of $41,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,035 per month.

MINIMUM INCOME RANGE : $41,400

Income % Distribution
<$20K 8.7%
$20K-$35K 11.7%
$35K-$60K 22.1%
$60K-$100K 28.7%
>=$100K 28.8%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.0%
5-9 mins 10.9%
10-14 mins 13.4%
15-19 mins 11.5%
20-29 mins 16.8%
30-44 mins 21.8%
45-59 mins 11.6%
>60 mins 8.9%

CHRISTIANA Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 12.4%
Construction 13.2%
Educational Services 6.4%
Health Care & Social Assistance 8.9%
Manufacturing 14.3%
Retail & Wholesale Trader 17.2%
Other 27.6%
AGE DISTRIBUTION

39% of the population is between the ages of 25 and 64, 47% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 32.4%
15-19 8.4%
20-24 6.3%
25-44 20.0%
45-65 18.9%
66+ 13.9%
OCCUPATION

Occupation % Distribution
Construction 4.2%
Healthcare 5.1%
Management, Business, & Financial 15.2%
Natural Resources Maintenance 24.7%
Production & Transportation 19.1%
Sales & Office 23.1%
Other 8.6%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.9%
High School 33.7%
Masters Degree 4.5%
Some College 10.2%
Some High School 36.1%
Other 10.7%

1010 Noble Rd Comps

Sorry, we do not have sufficient data available.

1010 Noble Rd, Christiana, PA 17509 is a single family home of 928 sqft. HomeUnion INVESTimateĀ® for 1010 Noble Rd includes a Price Estimate of $256,717 and a Rent Estimate of $1,035. This single family home has 2 bedrooms,1 bathrooms, and was built in 1880. This property has an estimated 15 year annualized Yield of 4.84% and Total Return of 8.74%. The estimated 1 year forecast in home value for 1010 Noble Rd is 2.55%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , LANCASTER County , or the 17509 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 17566
  2. 19310
  3. 17536