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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

111 Ponderosa Dr Blandon, PA 19510

5 Beds 3 Baths 3,130 sqft Built 1998
Last updated:  Jan 23, 2020

INVESTimate

$280,085

$238K - $322K

Price Est.

$2,016

$1.8K - $2.2K

Rent Est.

$285,099  ( +1.79%)   1 YR EST. FORECAST
  
  
  

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111 Ponderosa Dr PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $89.48
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,130 sqft
  • Baths : 2 Full 1 Half

111 Ponderosa Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FLEETWOOD MIDDLE SCHOOL Primary Regular 846 58 NA
FLEETWOOD MIDDLE SCHOOL Middle Regular 846 58 NA
FLEETWOOD SENIOR HIGH SCHOOL High Regular 833 60 NA

FLEETWOOD MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 846
  • # of teachers: 58
-1
GreatSchools Rating

FLEETWOOD MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 846
  • # of teachers: 58
-1
GreatSchools Rating

FLEETWOOD SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 833
  • # of teachers: 60
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

BLANDON

  • 7,761

    POPULATION
  • 2,860

    HOUSEHOLDS
  • 57.7%

    WHITE COLLAR

Neighborhood : BLANDON

HOUSEHOLDS
2,860
POPULATION

7,761

12.3%Renters
87.7%Home Owners
LABOR FORCE

 

57.7%White Collar
42.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 53% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,016 per month.

MY RENT : $2,016 MEDIAN RENT : $1,552

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 1.0%
$1,000-1,499 45.9%
>=$1,500 53.1%
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 $2,016 would therefore be considered affordable for annual household incomes greater than $80,640 (12 months x 3.333 x $2,016).

Rent % Affordability
Above $500 94.0%
Above $700 91.1%
Above $1,100 81.5%
Above $1,500 70.0%
Above $1,900 53.6%
HOUSEHOLD INCOME RANGE

Approximately 1,069 of households in this neighborhood have a total annual income of $80,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,016 per month.

MINIMUM INCOME RANGE : $80,640

Income % Distribution
<$20K 6.0%
$20K-$35K 6.5%
$35K-$60K 17.5%
$60K-$100K 40.5%
>=$100K 29.5%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.0%
5-9 mins 8.2%
10-14 mins 15.1%
15-19 mins 18.3%
20-29 mins 28.3%
30-44 mins 8.5%
45-59 mins 7.3%
>60 mins 10.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 53% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,016 per month.

MY RENT : $2,016 MEDIAN RENT : $1,552

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 1.0%
$1,000-1,499 45.9%
>=$1,500 53.1%
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 $2,016 would therefore be considered affordable for annual household incomes greater than $80,640 (12 months x 3.333 x $2,016).

Rent % Affordability
Above $500 94.0%
Above $700 91.1%
Above $1,100 81.5%
Above $1,500 70.0%
Above $1,900 53.6%
HOUSEHOLD INCOME RANGE

Approximately 1,069 of households in this neighborhood have a total annual income of $80,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,016 per month.

MINIMUM INCOME RANGE : $80,640

Income % Distribution
<$20K 6.0%
$20K-$35K 6.5%
$35K-$60K 17.5%
$60K-$100K 40.5%
>=$100K 29.5%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.0%
5-9 mins 8.2%
10-14 mins 15.1%
15-19 mins 18.3%
20-29 mins 28.3%
30-44 mins 8.5%
45-59 mins 7.3%
>60 mins 10.4%

BLANDON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 17.2%
Educational Services 9.8%
Health Care & Social Assistance 10.9%
Manufacturing 20.9%
Retail & Wholesale Trader 13.7%
Transportation 6.6%
Other 20.8%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 31% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 19.7%
15-19 3.9%
20-24 6.9%
25-44 26.8%
45-65 31.2%
66+ 11.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.7%
Education 9.9%
Healthcare 6.5%
Management, Business, & Financial 19.2%
Production & Transportation 24.3%
Sales & Office 13.2%
Other 20.2%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.9%
High School 32.3%
Masters Degree 7.9%
Some College 23.9%
Some High School 4.9%
Other 23.0%

111 Ponderosa Dr Comps

Sorry, we do not have sufficient data available.

111 Ponderosa Dr, Blandon, PA 19510 is a single family home of 3,130 sqft. HomeUnion INVESTimateĀ® for 111 Ponderosa Dr includes a Price Estimate of $280,085 and a Rent Estimate of $2,016. This single family home has 5 bedrooms,3 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 8.64% and Total Return of 7.57%. The estimated 1 year forecast in home value for 111 Ponderosa Dr is 1.79%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , BERKS County , or the 19510 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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