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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

106 Virginia Ave Sharpsburg, PA 15215

4 Beds 1 Baths 2,138 sqft Built 1930
Last updated:  Oct 23, 2019

INVESTimate

$443,869

$413K - $475K

Price Est.

$2,253

$1.9K - $2.6K

Rent Est.

$466,151  ( +5.02%)   1 YR EST. FORECAST
  
  
  

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106 Virginia Ave PROPERTY INFO

FACTS
  • Built In 1930
  • Price/Sqft : $207.61
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,138 sqft
  • Baths : 1 Full

106 Virginia Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FOX CHAPEL AREA HIGH SCHOOL High Regular 1,429 120 10

FOX CHAPEL AREA HIGH SCHOOL

  • Education Level: High
  • # of students: 1,429
  • # of teachers: 120
10
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

Aspinwall

  • 2,932

    POPULATION
  • 1,353

    HOUSEHOLDS
  • 80.3%

    WHITE COLLAR

Neighborhood : Aspinwall

HOUSEHOLDS
1,353
POPULATION

2,932

54.0%Renters
46.0%Home Owners
LABOR FORCE

 

80.3%White Collar
19.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,253 per month.

MY RENT : $2,253 MEDIAN RENT : $1,699

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.6%
$900-999 1.3%
$1,000-1,499 33.6%
>=$1,500 64.6%
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 $2,253 would therefore be considered affordable for annual household incomes greater than $90,120 (12 months x 3.333 x $2,253).

Rent % Affordability
Above $500 88.7%
Above $700 78.8%
Above $1,100 67.1%
Above $1,500 53.9%
Above $1,900 41.6%
HOUSEHOLD INCOME RANGE

Approximately 492 of households in this neighborhood have a total annual income of $90,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,253 per month.

MINIMUM INCOME RANGE : $90,120

Income % Distribution
<$20K 11.3%
$20K-$35K 14.3%
$35K-$60K 20.5%
$60K-$100K 19.5%
>=$100K 34.5%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 9.2%
10-14 mins 10.9%
15-19 mins 9.0%
20-29 mins 30.2%
30-44 mins 29.4%
45-59 mins 4.4%
>60 mins 4.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,253 per month.

MY RENT : $2,253 MEDIAN RENT : $1,699

Rent % Distribution
$500-699 0.0%
$700-899 0.6%
$900-999 1.3%
$1,000-1,499 33.6%
>=$1,500 64.6%
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 $2,253 would therefore be considered affordable for annual household incomes greater than $90,120 (12 months x 3.333 x $2,253).

Rent % Affordability
Above $500 88.7%
Above $700 78.8%
Above $1,100 67.1%
Above $1,500 53.9%
Above $1,900 41.6%
HOUSEHOLD INCOME RANGE

Approximately 492 of households in this neighborhood have a total annual income of $90,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,253 per month.

MINIMUM INCOME RANGE : $90,120

Income % Distribution
<$20K 11.3%
$20K-$35K 14.3%
$35K-$60K 20.5%
$60K-$100K 19.5%
>=$100K 34.5%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 9.2%
10-14 mins 10.9%
15-19 mins 9.0%
20-29 mins 30.2%
30-44 mins 29.4%
45-59 mins 4.4%
>60 mins 4.7%

Aspinwall Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.9%
Educational Services 13.0%
Financial Industries 9.2%
Health Care & Social Assistance 21.2%
Manufacturing 7.5%
Retail & Wholesale Trader 11.4%
Other 29.8%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 27% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 21.0%
15-19 1.6%
20-24 4.6%
25-44 35.8%
45-65 22.8%
66+ 14.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.8%
Construction 12.5%
Healthcare 14.3%
Management, Business, & Financial 24.2%
PCare 6.2%
Sales & Office 17.8%
Other 18.2%
HIGHEST EDUCATION LEVEL

36% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.0%
High School 17.1%
Masters Degree 19.1%
Professional 7.9%
Some College 14.7%
Other 35.3%

106 Virginia Ave Comps

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106 Virginia Ave, Sharpsburg, PA 15215 is a single family home of 2,138 sqft. HomeUnion INVESTimateĀ® for 106 Virginia Ave includes a Price Estimate of $443,869 and a Rent Estimate of $2,253. This single family home has 4 bedrooms,1 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 6.09% and Total Return of 12.05%. The estimated 1 year forecast in home value for 106 Virginia Ave is 5.02%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ALLEGHENY County , or the 15215 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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