Financial Details129 Glenkirk Rd PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $82.89
CONSTRUCTION
- Beds : 2
- Floor Size : 2,020 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
129 Glenkirk Rd, New Galilee, PA 16141 is a single family home of 2,020 sqft. HomeUnion estimate for 129 Glenkirk Rd includes a Price Estimate of $167,442 and a Rent Estimate of $1,068. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 7.65% and Total Return of 13.68%. The estimated 1 year forecast in home value for 129 Glenkirk Rd is 3.54%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
129 Glenkirk Rd SCHOOLS
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Financial Details
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NEW GALILEE
Neighborhood : NEW GALILEE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 68% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,068 per month.
MY RENT : $1,068 MEDIAN RENT : $1,118
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 $1,068 would therefore be considered affordable for annual household incomes greater than $42,720 (12 months x 3.333 x $1,068).
HOUSEHOLD INCOME RANGE
Approximately 342 of households in this neighborhood have a total annual income of $42,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,068 per month.
MINIMUM INCOME RANGE : $42,720
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
NEW GALILEE Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.8% |
| Construction | 8.9% |
| Health Care & Social Assistance | 16.7% |
| Manufacturing | 14.3% |
| Retail & Wholesale Trader | 10.8% |
| Transportation | 7.8% |
| Other | 31.7% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 27% is 24 or younger and 21% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 15.1% |
| 15-19 | 4.8% |
| 20-24 | 7.3% |
| 25-44 | 18.9% |
| 45-65 | 33.1% |
| 66+ | 20.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 4.6% |
| Healthcare | 10.9% |
| Management, Business, & Financial | 15.5% |
| Natural Resources Maintenance | 17.1% |
| Production & Transportation | 17.7% |
| Sales & Office | 17.9% |
| Other | 16.4% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 8.5% |
| High School | 47.6% |
| Masters Degree | 5.1% |
| Some College | 15.0% |
| Some High School | 10.9% |
| Other | 12.9% |
129 Glenkirk Rd Comps
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