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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

118 Forman Hollow Rd Liberty, PA 16930

3 Beds 2 Baths 1,456 sqft Built 1990
Last updated:  Jan 23, 2020

INVESTimate

$154,216

$144K - $164K

Price Est.

$1,320

$1.1K - $1.5K

Rent Est.

$156,730  ( +1.63%)   1 YR EST. FORECAST
  
  
  

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118 Forman Hollow Rd PROPERTY INFO

FACTS
  • Built In 1990
  • Price/Sqft : $105.92
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,456 sqft
  • Baths : 2 Full

118 Forman Hollow Rd SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

LIBERTY

  • 1,353

    POPULATION
  • 457

    HOUSEHOLDS
  • 56.8%

    WHITE COLLAR

Neighborhood : LIBERTY

HOUSEHOLDS
457
POPULATION

1,353

21.3%Renters
78.7%Home Owners
LABOR FORCE

 

56.8%White Collar
43.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 23% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,320 per month.

MY RENT : $1,320 MEDIAN RENT : $1,036

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 20.2%
$900-999 22.1%
$1,000-1,499 53.9%
>=$1,500 3.7%
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 $1,320 would therefore be considered affordable for annual household incomes greater than $52,800 (12 months x 3.333 x $1,320).

Rent % Affordability
Above $500 87.1%
Above $700 76.5%
Above $1,100 55.4%
Above $1,500 42.8%
Above $1,900 26.0%
HOUSEHOLD INCOME RANGE

Approximately 209 of households in this neighborhood have a total annual income of $52,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,320 per month.

MINIMUM INCOME RANGE : $52,800

Income % Distribution
<$20K 12.9%
$20K-$35K 19.9%
$35K-$60K 24.5%
$60K-$100K 26.9%
>=$100K 15.9%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 10.4%
10-14 mins 8.9%
15-19 mins 5.7%
20-29 mins 14.0%
30-44 mins 37.6%
45-59 mins 7.9%
>60 mins 9.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 23% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,320 per month.

MY RENT : $1,320 MEDIAN RENT : $1,036

Rent % Distribution
$500-699 0.0%
$700-899 20.2%
$900-999 22.1%
$1,000-1,499 53.9%
>=$1,500 3.7%
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 $1,320 would therefore be considered affordable for annual household incomes greater than $52,800 (12 months x 3.333 x $1,320).

Rent % Affordability
Above $500 87.1%
Above $700 76.5%
Above $1,100 55.4%
Above $1,500 42.8%
Above $1,900 26.0%
HOUSEHOLD INCOME RANGE

Approximately 209 of households in this neighborhood have a total annual income of $52,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,320 per month.

MINIMUM INCOME RANGE : $52,800

Income % Distribution
<$20K 12.9%
$20K-$35K 19.9%
$35K-$60K 24.5%
$60K-$100K 26.9%
>=$100K 15.9%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 10.4%
10-14 mins 8.9%
15-19 mins 5.7%
20-29 mins 14.0%
30-44 mins 37.6%
45-59 mins 7.9%
>60 mins 9.1%

LIBERTY Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.4%
Construction 9.8%
Educational Services 8.7%
Health Care & Social Assistance 9.8%
Manufacturing 12.4%
Retail & Wholesale Trader 12.4%
Other 37.6%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 35% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 24.6%
15-19 7.1%
20-24 3.5%
25-44 21.4%
45-65 25.4%
66+ 18.0%
OCCUPATION

Occupation % Distribution
Clean 6.8%
Healthcare 6.8%
Management, Business, & Financial 9.6%
Natural Resources Maintenance 17.0%
Production & Transportation 19.7%
Sales & Office 20.0%
Other 20.0%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.6%
High School 45.3%
Masters Degree 5.0%
Some College 17.8%
Some High School 7.0%
Other 14.3%

118 Forman Hollow Rd Comps

Sorry, we do not have sufficient data available.

118 Forman Hollow Rd, Liberty, PA 16930 is a single family home of 1,456 sqft. HomeUnion INVESTimateĀ® for 118 Forman Hollow Rd includes a Price Estimate of $154,216 and a Rent Estimate of $1,320. This single family home has 3 bedrooms,2 bathrooms, and was built in 1990. This property has an estimated 15 year annualized Yield of 10.27% and Total Return of 17.48%. The estimated 1 year forecast in home value for 118 Forman Hollow Rd is 1.63%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , LYCOMING County , or the 16930 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 17765
  2. 16912