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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

1302 College Hill Dr Cheyney, PA 19319

3 Beds 3 Baths 1,950 sqft Built 1958
Last updated:  Oct 23, 2019

INVESTimate

$320,526

$298K - $343K

Price Est.

$2,334

$2.1K - $2.6K

Rent Est.

$326,840  ( +1.97%)   1 YR EST. FORECAST
  
  
  

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1302 College Hill Dr PROPERTY INFO

FACTS
  • Built In 1958
  • Price/Sqft : $164.37
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,950 sqft
  • Baths : 2 Full 1 Half

1302 College Hill Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PENN WOOD ELEMENTARY SCHOOL Primary Regular 535 34 10
STETSON MIDDLE SCHOOL Middle Regular 912 70 9
WEST CHESTER BAYARD RUSTIN HIGH SCHOOL High Regular 1,333 88 8

PENN WOOD ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 535
  • # of teachers: 34
10
GreatSchools Rating

STETSON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 912
  • # of teachers: 70
9
GreatSchools Rating

WEST CHESTER BAYARD RUSTIN HIGH SCHOOL

  • Education Level: High
  • # of students: 1,333
  • # of teachers: 88
8
GreatSchools Rating
 

Financial Details

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Neighborhood

CHEYNEY

  • 926

    POPULATION
  • 76

    HOUSEHOLDS
  • 91.2%

    WHITE COLLAR

Neighborhood : CHEYNEY

HOUSEHOLDS
76
POPULATION

926

22.1%Renters
77.9%Home Owners
LABOR FORCE

 

91.2%White Collar
8.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,334 per month.

MY RENT : $2,334 MEDIAN RENT : $2,768

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,334 would therefore be considered affordable for annual household incomes greater than $93,360 (12 months x 3.333 x $2,334).

Rent % Affordability
Above $500 97.2%
Above $700 97.2%
Above $1,100 94.4%
Above $1,500 94.4%
Above $1,900 78.8%
HOUSEHOLD INCOME RANGE

Approximately 51 of households in this neighborhood have a total annual income of $93,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,334 per month.

MINIMUM INCOME RANGE : $93,360

Income % Distribution
<$20K 2.8%
$20K-$35K 2.8%
$35K-$60K 0.0%
$60K-$100K 25.0%
>=$100K 69.4%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 42% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 20.1%
5-9 mins 5.4%
10-14 mins 16.2%
15-19 mins 15.5%
20-29 mins 16.2%
30-44 mins 16.2%
45-59 mins 8.2%
>60 mins 2.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,334 per month.

MY RENT : $2,334 MEDIAN RENT : $2,768

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,334 would therefore be considered affordable for annual household incomes greater than $93,360 (12 months x 3.333 x $2,334).

Rent % Affordability
Above $500 97.2%
Above $700 97.2%
Above $1,100 94.4%
Above $1,500 94.4%
Above $1,900 78.8%
HOUSEHOLD INCOME RANGE

Approximately 51 of households in this neighborhood have a total annual income of $93,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,334 per month.

MINIMUM INCOME RANGE : $93,360

Income % Distribution
<$20K 2.8%
$20K-$35K 2.8%
$35K-$60K 0.0%
$60K-$100K 25.0%
>=$100K 69.4%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 42% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 20.1%
5-9 mins 5.4%
10-14 mins 16.2%
15-19 mins 15.5%
20-29 mins 16.2%
30-44 mins 16.2%
45-59 mins 8.2%
>60 mins 2.1%

CHEYNEY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.8%
Educational Services 23.8%
Health Care & Social Assistance 7.8%
Manufacturing 8.5%
Professional & Scientific Tech Services 12.9%
Retail & Wholesale Trader 16.8%
Other 22.5%
AGE DISTRIBUTION

30% of the population is between the ages of 25 and 64, 51% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 9.3%
15-19 33.6%
20-24 8.4%
25-44 7.3%
45-65 22.9%
66+ 18.5%
OCCUPATION

Occupation % Distribution
Construction 13.5%
Healthcare 5.9%
Legal 12.2%
Management, Business, & Financial 38.4%
Production & Transportation 5.5%
Sales & Office 14.3%
Other 10.1%
HIGHEST EDUCATION LEVEL

32% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.8%
Doctorate 7.3%
High School 32.0%
Masters Degree 10.2%
Some College 10.2%
Other 32.5%

1302 College Hill Dr Comps

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1302 College Hill Dr, Cheyney, PA 19319 is a single family home of 1,950 sqft. HomeUnion INVESTimateĀ® for 1302 College Hill Dr includes a Price Estimate of $320,526 and a Rent Estimate of $2,334. This single family home has 3 bedrooms,3 bathrooms, and was built in 1958. This property has an estimated 15 year annualized Yield of 8.74% and Total Return of 15.55%. The estimated 1 year forecast in home value for 1302 College Hill Dr is 1.97%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , CHESTER County , or the 19319 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 19342
  2. 19382
  3. 19373
  4. 19425
  5. 19380
  6. 19073