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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

1163 State Rd 607 Austin, PA 16720

0 Beds 0 Baths 560 sqft Built 1950
Last updated:  Jan 23, 2020

INVESTimate

$101,065

$97.9K - $104K

Price Est.

$750

631 - 869

Rent Est.

$104,461  ( +3.36%)   1 YR EST. FORECAST
  
  
  

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1163 State Rd 607 PROPERTY INFO

FACTS
  • Built In 1950
  • Price/Sqft : $180.47
CONSTRUCTION
  • Beds : 0
  • Floor Size : 560 sqft
  • Baths : 0 Full

1163 State Rd 607 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
AUSTIN AREA ELEMENTARY SCHOOL Primary Regular 115 8 5
AUSTIN AREA JUNIOR-SENIOR HIGH SCHOOL Middle Regular 107 10 7
AUSTIN AREA JUNIOR-SENIOR HIGH SCHOOL High Regular 107 10 7

AUSTIN AREA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 115
  • # of teachers: 8
5
GreatSchools Rating

AUSTIN AREA JUNIOR-SENIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 107
  • # of teachers: 10
7
GreatSchools Rating

AUSTIN AREA JUNIOR-SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 107
  • # of teachers: 10
7
GreatSchools Rating
 

Financial Details

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Neighborhood

AUSTIN

  • 1,226

    POPULATION
  • 466

    HOUSEHOLDS
  • 40.2%

    WHITE COLLAR

Neighborhood : AUSTIN

HOUSEHOLDS
466
POPULATION

1,226

13.5%Renters
86.5%Home Owners
LABOR FORCE

 

40.2%White Collar
59.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 79% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $750 per month.

MY RENT : $750 MEDIAN RENT : $813

Rent % Distribution LEVEL
$500-699 2.3%
$700-899 75.2%
$900-999 17.6%
$1,000-1,499 4.9%
>=$1,500 0.0%
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 $750 would therefore be considered affordable for annual household incomes greater than $30,000 (12 months x 3.333 x $750).

Rent % Affordability
Above $500 83.7%
Above $700 72.2%
Above $1,100 55.8%
Above $1,500 40.3%
Above $1,900 28.7%
HOUSEHOLD INCOME RANGE

Approximately 1,124 of households in this neighborhood have a total annual income of $30,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $750 per month.

MINIMUM INCOME RANGE : $30,000

Income % Distribution
<$20K 16.3%
$20K-$35K 19.3%
$35K-$60K 24.2%
$60K-$100K 25.7%
>=$100K 14.6%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 26% 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 2.4%
5-9 mins 11.7%
10-14 mins 11.9%
15-19 mins 11.1%
20-29 mins 26.0%
30-44 mins 20.8%
45-59 mins 8.3%
>60 mins 7.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 79% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $750 per month.

MY RENT : $750 MEDIAN RENT : $813

Rent % Distribution
$500-699 2.3%
$700-899 75.2%
$900-999 17.6%
$1,000-1,499 4.9%
>=$1,500 0.0%
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 $750 would therefore be considered affordable for annual household incomes greater than $30,000 (12 months x 3.333 x $750).

Rent % Affordability
Above $500 83.7%
Above $700 72.2%
Above $1,100 55.8%
Above $1,500 40.3%
Above $1,900 28.7%
HOUSEHOLD INCOME RANGE

Approximately 1,124 of households in this neighborhood have a total annual income of $30,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $750 per month.

MINIMUM INCOME RANGE : $30,000

Income % Distribution
<$20K 16.3%
$20K-$35K 19.3%
$35K-$60K 24.2%
$60K-$100K 25.7%
>=$100K 14.6%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 26% 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 2.4%
5-9 mins 11.7%
10-14 mins 11.9%
15-19 mins 11.1%
20-29 mins 26.0%
30-44 mins 20.8%
45-59 mins 8.3%
>60 mins 7.7%

AUSTIN Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.6%
Health Care & Social Assistance 14.7%
Manufacturing 25.8%
Public Administration 6.6%
Retail & Wholesale Trader 8.3%
Transportation 7.9%
Other 27.0%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 26% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 15.6%
15-19 6.0%
20-24 4.2%
25-44 21.5%
45-65 30.0%
66+ 22.8%
OCCUPATION

Occupation % Distribution
Education 6.1%
Healthcare 8.3%
Management, Business, & Financial 8.6%
Natural Resources Maintenance 13.1%
Production & Transportation 29.8%
Sales & Office 17.2%
Other 16.9%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.1%
High School 49.0%
Masters Degree 3.8%
Some College 20.4%
Some High School 10.8%
Other 9.0%

1163 State Rd 607 Comps

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1163 State Rd 607, Austin, PA 16720 is a single family home of 560 sqft. HomeUnion INVESTimateĀ® for 1163 State Rd 607 includes a Price Estimate of $101,065 and a Rent Estimate of $750. This single family home has 0 bedrooms,0 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 8.91% and Total Return of 8.72%. The estimated 1 year forecast in home value for 1163 State Rd 607 is 3.36%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , POTTER County , or the 16720 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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