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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

112 Spruce Ln East Stroudsburg, PA 18301

3 Beds 2 Baths 1,878 sqft Built 2003
Last updated:  Dec 26, 2019

INVESTimate

$171,887

$167K - $177K

Price Est.

$1,525

$1.3K - $1.7K

Rent Est.

$177,078  ( +3.02%)   1 YR EST. FORECAST
  
  
  

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112 Spruce Ln PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $91.53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,878 sqft
  • Baths : 1 Full 1 Half

112 Spruce Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SWIFTWATER ELEMENTARY CENTER Primary Regular 841 69 5
SWIFTWATER INTERMEDIATE SCHOOL Middle Regular 732 71 8
POCONO MOUNTAIN EAST JUNIOR HIGH SCHOOL High Regular 775 71 7

SWIFTWATER ELEMENTARY CENTER

  • Education Level: Primary
  • # of students: 841
  • # of teachers: 69
5
GreatSchools Rating

SWIFTWATER INTERMEDIATE SCHOOL

  • Education Level: Middle
  • # of students: 732
  • # of teachers: 71
8
GreatSchools Rating

POCONO MOUNTAIN EAST JUNIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 775
  • # of teachers: 71
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Pocono Haven

  • 240

    POPULATION
  • 71

    HOUSEHOLDS
  • 57.4%

    WHITE COLLAR

Neighborhood : Pocono Haven

HOUSEHOLDS
71
POPULATION

240

13.9%Renters
86.1%Home Owners
LABOR FORCE

 

57.4%White Collar
42.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 63% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,525 per month.

MY RENT : $1,525 MEDIAN RENT : $1,657

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.6%
$900-999 1.8%
$1,000-1,499 34.1%
>=$1,500 63.5%
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 $1,525 would therefore be considered affordable for annual household incomes greater than $61,000 (12 months x 3.333 x $1,525).

Rent % Affordability
Above $500 82.7%
Above $700 73.6%
Above $1,100 50.1%
Above $1,500 40.0%
Above $1,900 34.3%
HOUSEHOLD INCOME RANGE

Approximately 23 of households in this neighborhood have a total annual income of $61,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,525 per month.

MINIMUM INCOME RANGE : $61,000

Income % Distribution
<$20K 17.3%
$20K-$35K 18.7%
$35K-$60K 24.0%
$60K-$100K 14.7%
>=$100K 25.3%
COMMUTE TIME DISTRIBUTION

35% of the working population has a commute time of 15 to 44 minutes, 45% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.3%
5-9 mins 20.7%
10-14 mins 17.1%
15-19 mins 11.0%
20-29 mins 9.8%
30-44 mins 14.6%
45-59 mins 4.9%
>60 mins 14.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 63% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,525 per month.

MY RENT : $1,525 MEDIAN RENT : $1,657

Rent % Distribution
$500-699 0.0%
$700-899 0.6%
$900-999 1.8%
$1,000-1,499 34.1%
>=$1,500 63.5%
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 $1,525 would therefore be considered affordable for annual household incomes greater than $61,000 (12 months x 3.333 x $1,525).

Rent % Affordability
Above $500 82.7%
Above $700 73.6%
Above $1,100 50.1%
Above $1,500 40.0%
Above $1,900 34.3%
HOUSEHOLD INCOME RANGE

Approximately 23 of households in this neighborhood have a total annual income of $61,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,525 per month.

MINIMUM INCOME RANGE : $61,000

Income % Distribution
<$20K 17.3%
$20K-$35K 18.7%
$35K-$60K 24.0%
$60K-$100K 14.7%
>=$100K 25.3%
COMMUTE TIME DISTRIBUTION

35% of the working population has a commute time of 15 to 44 minutes, 45% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.3%
5-9 mins 20.7%
10-14 mins 17.1%
15-19 mins 11.0%
20-29 mins 9.8%
30-44 mins 14.6%
45-59 mins 4.9%
>60 mins 14.6%

Pocono Haven Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 25.5%
Educational Services 10.8%
Health Care & Social Assistance 11.8%
Manufacturing 6.9%
Retail & Wholesale Trader 14.7%
Transportation 8.8%
Other 21.6%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 20.4%
15-19 8.3%
20-24 5.4%
25-44 25.4%
45-65 26.7%
66+ 13.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 12.9%
Healthcare 11.4%
Management, Business, & Financial 11.4%
Natural Resources Maintenance 8.6%
Production & Transportation 14.3%
Sales & Office 21.4%
Other 20.0%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.8%
High School 37.4%
Masters Degree 6.5%
Some College 32.3%
Some High School 3.9%
Other 14.2%

112 Spruce Ln Comps

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112 Spruce Ln, East Stroudsburg, PA 18301 is a single family home of 1,878 sqft. HomeUnion INVESTimateĀ® for 112 Spruce Ln includes a Price Estimate of $171,887 and a Rent Estimate of $1,525. This single family home has 3 bedrooms,2 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 10.65% and Total Return of -6.85%. The estimated 1 year forecast in home value for 112 Spruce Ln is 3.02%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , MONROE County , or the 18301 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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