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13101 Frank Rd PROPERTY INFO
FACTS
- Built In 1990
- Price/Sqft : $143.26
CONSTRUCTION
- Beds : 4
- Floor Size : 2,384 sqft
- Baths : 2 Full 1 Half
13101 Frank Rd SCHOOLS
Financial Details
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NEW FREEDOM
Neighborhood : NEW FREEDOM
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 63% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,008 per month.
MY RENT : $2,008 MEDIAN RENT : $1,663
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 $2,008 would therefore be considered affordable for annual household incomes greater than $80,320 (12 months x 3.333 x $2,008).
HOUSEHOLD INCOME RANGE
Approximately 1,353 of households in this neighborhood have a total annual income of $80,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,008 per month.
MINIMUM INCOME RANGE : $80,320
COMMUTE TIME DISTRIBUTION
42% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 38% has a commute time of 45 minutes or longer.
NEW FREEDOM Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 10.6% |
Health Care & Social Assistance | 14.3% |
Manufacturing | 9.7% |
Professional & Scientific Tech Services | 7.7% |
Retail & Wholesale Trader | 13.8% |
Transportation | 8.1% |
Other | 35.7% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 31% is 24 or younger and 19% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.4% |
15-19 | 7.0% |
20-24 | 4.3% |
25-44 | 19.0% |
45-65 | 31.1% |
66+ | 19.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 8.7% |
Healthcare | 8.1% |
Management, Business, & Financial | 22.6% |
Natural Resources Maintenance | 13.5% |
Production & Transportation | 9.4% |
Sales & Office | 21.4% |
Other | 16.4% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.0% |
High School | 30.9% |
Masters Degree | 8.3% |
Some College | 15.9% |
Some High School | 6.5% |
Other | 30.4% |
13101 Frank Rd Comps
13101 Frank Rd, New Freedom, PA 17349 is a single family home of 2,384 sqft. HomeUnion INVESTimateĀ® for 13101 Frank Rd includes a Price Estimate of $341,532 and a Rent Estimate of $2,008. This single family home has 4 bedrooms,3 bathrooms, and was built in 1990. This property has an estimated 15 year annualized Yield of 7.06% and Total Return of 10.74%. The estimated 1 year forecast in home value for 13101 Frank Rd is 2.48%.
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