Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

131 Three Mile Hill Rd Acme, PA 15610

2 Beds 1 Baths 1,802 sqft Built 1920
Last updated:  Jan 23, 2020

INVESTimate

$141,282

$132K - $151K

Price Est.

$891

787 - 995

Rent Est.

$142,652  ( +0.97%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

131 Three Mile Hill Rd PROPERTY INFO

FACTS
  • Built In 1920
  • Price/Sqft : $78.40
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,802 sqft
  • Baths : 1 Full

131 Three Mile Hill Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MOUNT PLEASANT AREA HIGH SCHOOL High Regular 691 39 6

MOUNT PLEASANT AREA HIGH SCHOOL

  • Education Level: High
  • # of students: 691
  • # of teachers: 39
6
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

ACME

  • 3,632

    POPULATION
  • 1,443

    HOUSEHOLDS
  • 52.5%

    WHITE COLLAR

Neighborhood : ACME

HOUSEHOLDS
1,443
POPULATION

3,632

12.4%Renters
87.6%Home Owners
LABOR FORCE

 

52.5%White Collar
47.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $891 per month.

MY RENT : $891 MEDIAN RENT : $869

Rent % Distribution LEVEL
$500-699 6.7%
$700-899 49.6%
$900-999 12.7%
$1,000-1,499 23.6%
>=$1,500 7.5%
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 $891 would therefore be considered affordable for annual household incomes greater than $35,640 (12 months x 3.333 x $891).

Rent % Affordability
Above $500 79.9%
Above $700 73.1%
Above $1,100 60.4%
Above $1,500 48.4%
Above $1,900 39.2%
HOUSEHOLD INCOME RANGE

Approximately 811 of households in this neighborhood have a total annual income of $35,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $891 per month.

MINIMUM INCOME RANGE : $35,640

Income % Distribution
<$20K 20.1%
$20K-$35K 11.9%
$35K-$60K 19.6%
$60K-$100K 23.5%
>=$100K 24.9%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 9.0%
10-14 mins 9.7%
15-19 mins 11.6%
20-29 mins 26.3%
30-44 mins 23.4%
45-59 mins 6.7%
>60 mins 11.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $891 per month.

MY RENT : $891 MEDIAN RENT : $869

Rent % Distribution
$500-699 6.7%
$700-899 49.6%
$900-999 12.7%
$1,000-1,499 23.6%
>=$1,500 7.5%
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 $891 would therefore be considered affordable for annual household incomes greater than $35,640 (12 months x 3.333 x $891).

Rent % Affordability
Above $500 79.9%
Above $700 73.1%
Above $1,100 60.4%
Above $1,500 48.4%
Above $1,900 39.2%
HOUSEHOLD INCOME RANGE

Approximately 811 of households in this neighborhood have a total annual income of $35,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $891 per month.

MINIMUM INCOME RANGE : $35,640

Income % Distribution
<$20K 20.1%
$20K-$35K 11.9%
$35K-$60K 19.6%
$60K-$100K 23.5%
>=$100K 24.9%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 9.0%
10-14 mins 9.7%
15-19 mins 11.6%
20-29 mins 26.3%
30-44 mins 23.4%
45-59 mins 6.7%
>60 mins 11.4%

ACME Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.4%
Construction 13.3%
Educational Services 6.6%
Health Care & Social Assistance 17.7%
Manufacturing 15.3%
Retail & Wholesale Trader 11.9%
Other 26.8%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 25% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 14.1%
15-19 5.5%
20-24 5.5%
25-44 20.5%
45-65 33.8%
66+ 20.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.8%
Healthcare 10.8%
Management, Business, & Financial 9.7%
Natural Resources Maintenance 18.5%
Production & Transportation 20.4%
Sales & Office 21.5%
Other 12.4%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.8%
High School 42.9%
Masters Degree 4.9%
Some College 15.6%
Some High School 10.2%
Other 12.7%

131 Three Mile Hill Rd Comps

Sorry, we do not have sufficient data available.

131 Three Mile Hill Rd, Acme, PA 15610 is a single family home of 1,802 sqft. HomeUnion INVESTimateĀ® for 131 Three Mile Hill Rd includes a Price Estimate of $141,282 and a Rent Estimate of $891. This single family home has 2 bedrooms,1 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 7.57% and Total Return of 8.54%. The estimated 1 year forecast in home value for 131 Three Mile Hill Rd is 0.97%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , FAYETTE County , or the 15610 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Three Mile Hill Rd

  1. 125 Three Mile Hill Rd
  2. 131 Three Mile Hill Rd

Nearest zipcodes within 2 miles

  1. 15401
  2. 15666
  3. 15436
  4. 15622
  5. 15442
  6. 15486
  7. 15417