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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

1183 Labelle Rd La Belle, PA 15450

2 Beds 2 Baths 896 sqft Built 1940
Last updated:  Jan 23, 2020

INVESTimate

$48,070

$44.9K - $51.3K

Price Est.

$799

673 - 925

Rent Est.

$49,089  ( +2.12%)   1 YR EST. FORECAST
  
  
  

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1183 Labelle Rd PROPERTY INFO

FACTS
  • Built In 1940
  • Price/Sqft : $53.65
CONSTRUCTION
  • Beds : 2
  • Floor Size : 896 sqft
  • Baths : 1 Full 1 Half

1183 Labelle Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BROWNSVILLE ELEMENTARY SCHOOL Primary Unknown NA
BROWNSVILLE AREA MIDDLE SCHOOL Middle Regular 579 28 NA
BROWNSVILLE AREA HIGH SCHOOL High Regular 440 36 3

BROWNSVILLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

BROWNSVILLE AREA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 579
  • # of teachers: 28
-1
GreatSchools Rating

BROWNSVILLE AREA HIGH SCHOOL

  • Education Level: High
  • # of students: 440
  • # of teachers: 36
3
GreatSchools Rating
 

Financial Details

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Neighborhood

LA BELLE

  • 362

    POPULATION
  • 125

    HOUSEHOLDS
  • 51.6%

    WHITE COLLAR

Neighborhood : LA BELLE

HOUSEHOLDS
125
POPULATION

362

6.2%Renters
93.8%Home Owners
LABOR FORCE

 

51.6%White Collar
48.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 67% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $799 per month.

MY RENT : $799 MEDIAN RENT : $876

Rent % Distribution LEVEL
$500-699 1.7%
$700-899 63.3%
$900-999 16.7%
$1,000-1,499 17.5%
>=$1,500 0.8%
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 $799 would therefore be considered affordable for annual household incomes greater than $31,960 (12 months x 3.333 x $799).

Rent % Affordability
Above $500 88.2%
Above $700 75.6%
Above $1,100 59.8%
Above $1,500 51.2%
Above $1,900 37.8%
HOUSEHOLD INCOME RANGE

Approximately 322 of households in this neighborhood have a total annual income of $31,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $799 per month.

MINIMUM INCOME RANGE : $31,960

Income % Distribution
<$20K 11.8%
$20K-$35K 20.5%
$35K-$60K 16.5%
$60K-$100K 13.4%
>=$100K 37.8%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 4% has a commute time of 14 minutes or less and 36% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 4.3%
15-19 mins 8.5%
20-29 mins 17.0%
30-44 mins 34.0%
45-59 mins 19.1%
>60 mins 17.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 67% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $799 per month.

MY RENT : $799 MEDIAN RENT : $876

Rent % Distribution
$500-699 1.7%
$700-899 63.3%
$900-999 16.7%
$1,000-1,499 17.5%
>=$1,500 0.8%
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 $799 would therefore be considered affordable for annual household incomes greater than $31,960 (12 months x 3.333 x $799).

Rent % Affordability
Above $500 88.2%
Above $700 75.6%
Above $1,100 59.8%
Above $1,500 51.2%
Above $1,900 37.8%
HOUSEHOLD INCOME RANGE

Approximately 322 of households in this neighborhood have a total annual income of $31,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $799 per month.

MINIMUM INCOME RANGE : $31,960

Income % Distribution
<$20K 11.8%
$20K-$35K 20.5%
$35K-$60K 16.5%
$60K-$100K 13.4%
>=$100K 37.8%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 4% has a commute time of 14 minutes or less and 36% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 4.3%
15-19 mins 8.5%
20-29 mins 17.0%
30-44 mins 34.0%
45-59 mins 19.1%
>60 mins 17.0%

LA BELLE Demographics

INDUSTRY

Industry % Distribution
Health Care & Social Assistance 11.5%
Manufacturing 19.2%
Professional & Scientific Tech Services 7.7%
Real Estate 5.8%
Retail & Wholesale Trader 19.2%
Transportation 9.6%
Other 26.9%
AGE DISTRIBUTION

78% of the population is between the ages of 25 and 64, 15% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 4.1%
15-19 1.1%
20-24 10.2%
25-44 43.6%
45-65 34.8%
66+ 6.1%
OCCUPATION

Occupation % Distribution
Clean 7.9%
Computer Engineering 7.9%
Healthcare 23.7%
Natural Resources Maintenance 28.9%
Production & Transportation 15.8%
Sales & Office 15.8%
Other 0.0%
HIGHEST EDUCATION LEVEL

5% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.4%
High School 57.4%
Masters Degree 0.4%
Some College 7.7%
Some High School 25.4%
Other 4.8%

1183 Labelle Rd Comps

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1183 Labelle Rd, La Belle, PA 15450 is a single family home of 896 sqft. HomeUnion INVESTimateĀ® for 1183 Labelle Rd includes a Price Estimate of $48,070 and a Rent Estimate of $799. This single family home has 2 bedrooms,2 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 19.95% and Total Return of 27.51%. The estimated 1 year forecast in home value for 1183 Labelle Rd is 2.12%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , FAYETTE County , or the 15450 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2