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1274 Shin Hollow Rd PROPERTY INFO
FACTS
- Built In 1988
- Price/Sqft : $143.12
CONSTRUCTION
- Beds : 3
- Floor Size : 1,135 sqft
- Baths : 1 Full
1274 Shin Hollow Rd SCHOOLS
Financial Details
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WESTFIELD
Neighborhood : WESTFIELD
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 27% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,051 per month.
MY RENT : $1,051 MEDIAN RENT : $914
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 $1,051 would therefore be considered affordable for annual household incomes greater than $42,040 (12 months x 3.333 x $1,051).
HOUSEHOLD INCOME RANGE
Approximately 493 of households in this neighborhood have a total annual income of $42,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,051 per month.
MINIMUM INCOME RANGE : $42,040
COMMUTE TIME DISTRIBUTION
36% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.
WESTFIELD Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 6.4% |
Educational Services | 7.0% |
Health Care & Social Assistance | 15.7% |
Manufacturing | 23.5% |
Retail & Wholesale Trader | 9.3% |
Transportation | 6.5% |
Other | 31.6% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 24% is 24 or younger and 23% is 65 or older.
Age | % Distribution |
---|---|
<15 | 14.7% |
15-19 | 6.1% |
20-24 | 3.0% |
25-44 | 21.9% |
45-65 | 31.5% |
66+ | 22.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.3% |
Healthcare | 6.6% |
Management, Business, & Financial | 9.1% |
Natural Resources Maintenance | 14.0% |
Production & Transportation | 28.7% |
Sales & Office | 17.6% |
Other | 18.7% |
HIGHEST EDUCATION LEVEL
11% 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 | 51.7% |
Masters Degree | 3.7% |
Some College | 13.7% |
Some High School | 17.0% |
Other | 6.9% |
1274 Shin Hollow Rd Comps
1274 Shin Hollow Rd, Westfield, PA 16950 is a single family home of 1,135 sqft. HomeUnion INVESTimateĀ® for 1274 Shin Hollow Rd includes a Price Estimate of $162,442 and a Rent Estimate of $1,051. This single family home has 3 bedrooms,1 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 7.76% and Total Return of 10.80%. The estimated 1 year forecast in home value for 1274 Shin Hollow Rd is 1.63%.
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