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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

12 3rd Ave Lemoyne, PA 17043

2 Beds 1 Baths 1,522 sqft Built 1900
Last updated:  Nov 28, 2019

INVESTimate

$123,070

$105K - $141K

Price Est.

$1,125

$1.1K - $1.2K

Rent Est.

$125,470  ( +1.95%)   1 YR EST. FORECAST
  
  
  

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12 3rd Ave PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $80.86
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,522 sqft
  • Baths : 1 Full

12 3rd Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WASHINGTON HEIGHTS ELEMENTARY SCHOOL Primary Regular 360 26 5
NEW CUMBERLAND MIDDLE SCHOOL Middle Regular 373 34 5
CEDAR CLIFF HIGH SCHOOL High Regular 1,275 88 6

WASHINGTON HEIGHTS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 360
  • # of teachers: 26
5
GreatSchools Rating

NEW CUMBERLAND MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 373
  • # of teachers: 34
5
GreatSchools Rating

CEDAR CLIFF HIGH SCHOOL

  • Education Level: High
  • # of students: 1,275
  • # of teachers: 88
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Wormleysburg

  • 3,211

    POPULATION
  • 1,542

    HOUSEHOLDS
  • 75.6%

    WHITE COLLAR

Neighborhood : Wormleysburg

HOUSEHOLDS
1,542
POPULATION

3,211

60.8%Renters
39.2%Home Owners
LABOR FORCE

 

75.6%White Collar
24.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,125 per month.

MY RENT : $1,125 MEDIAN RENT : $1,303

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.1%
$900-999 7.0%
$1,000-1,499 65.9%
>=$1,500 26.0%
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 $1,125 would therefore be considered affordable for annual household incomes greater than $45,000 (12 months x 3.333 x $1,125).

Rent % Affordability
Above $500 85.7%
Above $700 76.2%
Above $1,100 58.8%
Above $1,500 45.7%
Above $1,900 31.7%
HOUSEHOLD INCOME RANGE

Approximately 795 of households in this neighborhood have a total annual income of $45,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,125 per month.

MINIMUM INCOME RANGE : $45,000

Income % Distribution
<$20K 14.3%
$20K-$35K 16.4%
$35K-$60K 23.7%
$60K-$100K 27.6%
>=$100K 18.1%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.9%
5-9 mins 17.5%
10-14 mins 14.5%
15-19 mins 24.6%
20-29 mins 22.1%
30-44 mins 13.9%
45-59 mins 2.1%
>60 mins 2.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,125 per month.

MY RENT : $1,125 MEDIAN RENT : $1,303

Rent % Distribution
$500-699 0.0%
$700-899 1.1%
$900-999 7.0%
$1,000-1,499 65.9%
>=$1,500 26.0%
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 $1,125 would therefore be considered affordable for annual household incomes greater than $45,000 (12 months x 3.333 x $1,125).

Rent % Affordability
Above $500 85.7%
Above $700 76.2%
Above $1,100 58.8%
Above $1,500 45.7%
Above $1,900 31.7%
HOUSEHOLD INCOME RANGE

Approximately 795 of households in this neighborhood have a total annual income of $45,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,125 per month.

MINIMUM INCOME RANGE : $45,000

Income % Distribution
<$20K 14.3%
$20K-$35K 16.4%
$35K-$60K 23.7%
$60K-$100K 27.6%
>=$100K 18.1%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.9%
5-9 mins 17.5%
10-14 mins 14.5%
15-19 mins 24.6%
20-29 mins 22.1%
30-44 mins 13.9%
45-59 mins 2.1%
>60 mins 2.5%

Wormleysburg Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.7%
Financial Industries 9.2%
Health Care & Social Assistance 15.7%
Professional & Scientific Tech Services 14.1%
Public Administration 10.8%
Retail & Wholesale Trader 14.2%
Other 26.4%
AGE DISTRIBUTION

60% of the population is between the ages of 25 and 64, 25% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 16.2%
15-19 4.7%
20-24 3.7%
25-44 42.2%
45-65 17.5%
66+ 15.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 21.9%
Education 6.0%
Healthcare 9.3%
Management, Business, & Financial 18.3%
Production & Transportation 4.9%
Sales & Office 25.9%
Other 13.6%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.2%
High School 27.5%
Masters Degree 14.3%
Some College 15.2%
Some High School 8.5%
Other 29.4%

12 3rd Ave Comps

Sorry, we do not have sufficient data available.

12 3rd Ave, Lemoyne, PA 17043 is a single family home of 1,522 sqft. HomeUnion INVESTimateĀ® for 12 3rd Ave includes a Price Estimate of $123,070 and a Rent Estimate of $1,125. This single family home has 2 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 10.97% and Total Return of 21.56%. The estimated 1 year forecast in home value for 12 3rd Ave is 1.95%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , CUMBERLAND County , or the 17043 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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