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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

115 S 5th Ave Paden City, WV 26159

3 Beds 2 Baths 1,710 sqft Built 1955
Last updated:  Nov 28, 2019

INVESTimate

$104,571

$95.5K - $114K

Price Est.

$1,079

910 - $1.2K

Rent Est.

$104,571  ( 0%)   1 YR EST. FORECAST
  
  
  

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115 S 5th Ave PROPERTY INFO

FACTS
  • Built In 1955
  • Price/Sqft : $61.15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,710 sqft
  • Baths : 2 Full

115 S 5th Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PADEN CITY ELEMENTARY SCHOOL Primary Regular 228 17 NA
PADEN CITY ELEMENTARY SCHOOL Middle Regular 228 17 NA
PADEN CITY HIGH SCHOOL High Regular 158 13 NA

PADEN CITY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 228
  • # of teachers: 17
-1
GreatSchools Rating

PADEN CITY ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 228
  • # of teachers: 17
-1
GreatSchools Rating

PADEN CITY HIGH SCHOOL

  • Education Level: High
  • # of students: 158
  • # of teachers: 13
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

PADEN CITY

  • 2,917

    POPULATION
  • 1,162

    HOUSEHOLDS
  • 43.6%

    WHITE COLLAR

Neighborhood : PADEN CITY

HOUSEHOLDS
1,162
POPULATION

2,917

27.4%Renters
72.6%Home Owners
LABOR FORCE

 

43.6%White Collar
56.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 17% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,079 per month.

MY RENT : $1,079 MEDIAN RENT : $839

Rent % Distribution LEVEL
$500-699 6.9%
$700-899 59.6%
$900-999 13.1%
$1,000-1,499 19.7%
>=$1,500 0.7%
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 $1,079 would therefore be considered affordable for annual household incomes greater than $43,160 (12 months x 3.333 x $1,079).

Rent % Affordability
Above $500 74.4%
Above $700 65.9%
Above $1,100 50.1%
Above $1,500 33.6%
Above $1,900 20.8%
HOUSEHOLD INCOME RANGE

Approximately 480 of households in this neighborhood have a total annual income of $43,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,079 per month.

MINIMUM INCOME RANGE : $43,160

Income % Distribution
<$20K 25.6%
$20K-$35K 12.9%
$35K-$60K 27.8%
$60K-$100K 25.4%
>=$100K 8.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.7%
5-9 mins 12.7%
10-14 mins 13.3%
15-19 mins 16.4%
20-29 mins 20.7%
30-44 mins 13.3%
45-59 mins 5.0%
>60 mins 10.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 17% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,079 per month.

MY RENT : $1,079 MEDIAN RENT : $839

Rent % Distribution
$500-699 6.9%
$700-899 59.6%
$900-999 13.1%
$1,000-1,499 19.7%
>=$1,500 0.7%
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 $1,079 would therefore be considered affordable for annual household incomes greater than $43,160 (12 months x 3.333 x $1,079).

Rent % Affordability
Above $500 74.4%
Above $700 65.9%
Above $1,100 50.1%
Above $1,500 33.6%
Above $1,900 20.8%
HOUSEHOLD INCOME RANGE

Approximately 480 of households in this neighborhood have a total annual income of $43,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,079 per month.

MINIMUM INCOME RANGE : $43,160

Income % Distribution
<$20K 25.6%
$20K-$35K 12.9%
$35K-$60K 27.8%
$60K-$100K 25.4%
>=$100K 8.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.7%
5-9 mins 12.7%
10-14 mins 13.3%
15-19 mins 16.4%
20-29 mins 20.7%
30-44 mins 13.3%
45-59 mins 5.0%
>60 mins 10.9%

PADEN CITY Demographics

INDUSTRY

Industry % Distribution
Educational Services 6.5%
Health Care & Social Assistance 20.9%
Manufacturing 16.2%
Public Administration 5.6%
Retail & Wholesale Trader 17.5%
Transportation 8.6%
Other 24.7%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 28% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 17.5%
15-19 6.7%
20-24 4.1%
25-44 20.7%
45-65 29.6%
66+ 21.4%
OCCUPATION

Occupation % Distribution
Clean 4.5%
Healthcare 14.7%
Management, Business, & Financial 5.6%
Natural Resources Maintenance 12.8%
Production & Transportation 30.7%
Sales & Office 20.7%
Other 11.0%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.9%
High School 46.7%
Masters Degree 0.9%
Some College 22.2%
Some High School 14.9%
Other 6.4%

115 S 5th Ave Comps

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115 S 5th Ave, Paden City, WV 26159 is a single family home of 1,710 sqft. HomeUnion INVESTimateĀ® for 115 S 5th Ave includes a Price Estimate of $104,571 and a Rent Estimate of $1,079. This single family home has 3 bedrooms,2 bathrooms, and was built in 1955. This property has an estimated 15 year annualized Yield of 12.38% and Total Return of 18.46%. The estimated 1 year forecast in home value for 115 S 5th Ave is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in WV , WETZEL County , or the 26159 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 26155
  2. 26175