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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

1016 W Baltimore Pike E17 Elwyn, PA 19063

1 Beds 1 Baths 882 sqft Built 1967
Last updated:  Nov 28, 2019

INVESTimate

$145,781

$134K - $158K

Price Est.

$939

882 - 996

Rent Est.

$149,630  ( +2.64%)   1 YR EST. FORECAST
  
  
  

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1016 W Baltimore Pike E17 PROPERTY INFO

FACTS
  • Built In 1967
  • Price/Sqft : $165.28
CONSTRUCTION
  • Beds : 1
  • Floor Size : 882 sqft
  • Baths : 1 Full

1016 W Baltimore Pike E17 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GLENWOOD ELEMENTARY SCHOOL Primary Regular 373 29 NA
SPRINGTON LAKE MIDDLE SCHOOL Middle Regular 847 76 NA
PENNCREST HIGH SCHOOL High Regular 1,340 104 10

GLENWOOD ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 373
  • # of teachers: 29
-1
GreatSchools Rating

SPRINGTON LAKE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 847
  • # of teachers: 76
-1
GreatSchools Rating

PENNCREST HIGH SCHOOL

  • Education Level: High
  • # of students: 1,340
  • # of teachers: 104
10
GreatSchools Rating
 

Financial Details

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Neighborhood

MEDIA

  • 35,485

    POPULATION
  • 14,340

    HOUSEHOLDS
  • 81.6%

    WHITE COLLAR

Neighborhood : MEDIA

HOUSEHOLDS
14,340
POPULATION

35,485

28.1%Renters
71.9%Home Owners
LABOR FORCE

 

81.6%White Collar
18.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $939 per month.

MY RENT : $939 MEDIAN RENT : $2,373

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 9.2%
>=$1,500 90.2%
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 $939 would therefore be considered affordable for annual household incomes greater than $37,560 (12 months x 3.333 x $939).

Rent % Affordability
Above $500 92.8%
Above $700 86.7%
Above $1,100 77.5%
Above $1,500 68.8%
Above $1,900 60.2%
HOUSEHOLD INCOME RANGE

Approximately 10,578 of households in this neighborhood have a total annual income of $37,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $939 per month.

MINIMUM INCOME RANGE : $37,560

Income % Distribution
<$20K 7.2%
$20K-$35K 10.6%
$35K-$60K 13.4%
$60K-$100K 21.3%
>=$100K 47.5%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.0%
10-14 mins 12.0%
15-19 mins 11.0%
20-29 mins 16.4%
30-44 mins 27.5%
45-59 mins 13.7%
>60 mins 8.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $939 per month.

MY RENT : $939 MEDIAN RENT : $2,373

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 9.2%
>=$1,500 90.2%
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 $939 would therefore be considered affordable for annual household incomes greater than $37,560 (12 months x 3.333 x $939).

Rent % Affordability
Above $500 92.8%
Above $700 86.7%
Above $1,100 77.5%
Above $1,500 68.8%
Above $1,900 60.2%
HOUSEHOLD INCOME RANGE

Approximately 10,578 of households in this neighborhood have a total annual income of $37,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $939 per month.

MINIMUM INCOME RANGE : $37,560

Income % Distribution
<$20K 7.2%
$20K-$35K 10.6%
$35K-$60K 13.4%
$60K-$100K 21.3%
>=$100K 47.5%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.0%
10-14 mins 12.0%
15-19 mins 11.0%
20-29 mins 16.4%
30-44 mins 27.5%
45-59 mins 13.7%
>60 mins 8.1%

MEDIA Demographics

INDUSTRY

Industry % Distribution
Educational Services 13.9%
Financial Industries 7.7%
Health Care & Social Assistance 16.0%
Manufacturing 7.5%
Professional & Scientific Tech Services 12.9%
Retail & Wholesale Trader 9.5%
Other 32.4%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 26% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 15.7%
15-19 5.5%
20-24 5.2%
25-44 22.5%
45-65 30.2%
66+ 20.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.9%
Construction 6.8%
Healthcare 10.7%
Management, Business, & Financial 29.6%
Natural Resources Maintenance 5.7%
Sales & Office 18.7%
Other 17.5%
HIGHEST EDUCATION LEVEL

33% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.9%
High School 20.4%
Masters Degree 17.1%
Professional 5.2%
Some College 15.1%
Other 35.3%

1016 W Baltimore Pike E17 Comps

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1016 W Baltimore Pike E17, Elwyn, PA 19063 is a single family home of 882 sqft. HomeUnion INVESTimateĀ® for 1016 W Baltimore Pike E17 includes a Price Estimate of $145,781 and a Rent Estimate of $939. This single family home has 1 bedrooms,1 bathrooms, and was built in 1967. This property has an estimated 15 year annualized Yield of 7.73% and Total Return of 15.42%. The estimated 1 year forecast in home value for 1016 W Baltimore Pike E17 is 2.64%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , DELAWARE County , or the 19063 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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