INVESTimate
$44,773
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124 Hummel Ave PROPERTY INFO
FACTS
- Built In 1906
- Price/Sqft : $100.61
CONSTRUCTION
- Beds : 3
- Floor Size : 1,248 sqft
- Baths : 1 Full 1 Half
124 Hummel Ave SCHOOLS
Financial Details
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Lemoyne
Neighborhood : Lemoyne
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 92% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $963 per month.
MY RENT : $963 MEDIAN RENT : $1,187
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 $963 would therefore be considered affordable for annual household incomes greater than $38,520 (12 months x 3.333 x $963).
HOUSEHOLD INCOME RANGE
Approximately 982 of households in this neighborhood have a total annual income of $38,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $963 per month.
MINIMUM INCOME RANGE : $38,520
COMMUTE TIME DISTRIBUTION
53% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.
Lemoyne Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 13.2% |
| Educational Services | 8.9% |
| Financial Industries | 9.5% |
| Health Care & Social Assistance | 12.6% |
| Professional & Scientific Tech Services | 11.5% |
| Retail & Wholesale Trader | 10.9% |
| Other | 33.4% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 31% is 24 or younger and 15% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 20.2% |
| 15-19 | 4.0% |
| 20-24 | 6.8% |
| 25-44 | 27.9% |
| 45-65 | 25.6% |
| 66+ | 15.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 7.4% |
| Healthcare | 5.1% |
| Management, Business, & Financial | 26.0% |
| Natural Resources Maintenance | 5.6% |
| Production & Transportation | 12.2% |
| Sales & Office | 26.5% |
| Other | 17.3% |
HIGHEST EDUCATION LEVEL
27% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 13.4% |
| High School | 28.5% |
| Masters Degree | 9.1% |
| Some College | 19.7% |
| Some High School | 6.1% |
| Other | 23.3% |
124 Hummel Ave Comps
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124 Hummel Ave, Lemoyne, PA 17043 is a single family home of 1,248 sqft. HomeUnion INVESTimateĀ® for 124 Hummel Ave includes a Price Estimate of $125,560 and a Rent Estimate of $963. This single family home has 3 bedrooms,2 bathrooms, and was built in 1906. This property has an estimated 15 year annualized Yield of 9.20% and Total Return of 17.23%. The estimated 1 year forecast in home value for 124 Hummel Ave is 1.37%.
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
