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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

1412 N Homewood Ave Pittsburgh, PA 15208

3 Beds 2 Baths 1,288 sqft Built 1930
Last updated:  Oct 23, 2019

INVESTimate

$41,189

$38.3K - $44.0K

Price Est.

$1,101

$1.0K - $1.2K

Rent Est.

$42,552  ( +3.31%)   1 YR EST. FORECAST
  
  
  

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1412 N Homewood Ave PROPERTY INFO

FACTS
  • Built In 1930
  • Price/Sqft : $31.98
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,288 sqft
  • Baths : 1 Full 1 Half

1412 N Homewood Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FAISON K-5 SCHOOL Primary Regular 713 35 NA

FAISON K-5 SCHOOL

  • Education Level: Primary
  • # of students: 713
  • # of teachers: 35
0
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

Homewood North

  • 3,443

    POPULATION
  • 1,298

    HOUSEHOLDS
  • 49.4%

    WHITE COLLAR

Neighborhood : Homewood North

HOUSEHOLDS
1,298
POPULATION

3,443

57.6%Renters
42.4%Home Owners
LABOR FORCE

 

49.4%White Collar
50.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,101 per month.

MY RENT : $1,101 MEDIAN RENT : $1,039

Rent % Distribution LEVEL
$500-699 0.8%
$700-899 28.9%
$900-999 18.8%
$1,000-1,499 37.8%
>=$1,500 13.8%
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 $1,101 would therefore be considered affordable for annual household incomes greater than $44,040 (12 months x 3.333 x $1,101).

Rent % Affordability
Above $500 53.9%
Above $700 41.2%
Above $1,100 19.7%
Above $1,500 11.2%
Above $1,900 7.9%
HOUSEHOLD INCOME RANGE

Approximately 217 of households in this neighborhood have a total annual income of $44,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,101 per month.

MINIMUM INCOME RANGE : $44,040

Income % Distribution
<$20K 46.1%
$20K-$35K 21.8%
$35K-$60K 20.9%
$60K-$100K 6.1%
>=$100K 5.1%
COMMUTE TIME DISTRIBUTION

78% of the working population has a commute time of 15 to 44 minutes, 8% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 0.8%
10-14 mins 5.2%
15-19 mins 15.9%
20-29 mins 32.4%
30-44 mins 30.0%
45-59 mins 6.6%
>60 mins 7.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,101 per month.

MY RENT : $1,101 MEDIAN RENT : $1,039

Rent % Distribution
$500-699 0.8%
$700-899 28.9%
$900-999 18.8%
$1,000-1,499 37.8%
>=$1,500 13.8%
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 $1,101 would therefore be considered affordable for annual household incomes greater than $44,040 (12 months x 3.333 x $1,101).

Rent % Affordability
Above $500 53.9%
Above $700 41.2%
Above $1,100 19.7%
Above $1,500 11.2%
Above $1,900 7.9%
HOUSEHOLD INCOME RANGE

Approximately 217 of households in this neighborhood have a total annual income of $44,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,101 per month.

MINIMUM INCOME RANGE : $44,040

Income % Distribution
<$20K 46.1%
$20K-$35K 21.8%
$35K-$60K 20.9%
$60K-$100K 6.1%
>=$100K 5.1%
COMMUTE TIME DISTRIBUTION

78% of the working population has a commute time of 15 to 44 minutes, 8% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 0.8%
10-14 mins 5.2%
15-19 mins 15.9%
20-29 mins 32.4%
30-44 mins 30.0%
45-59 mins 6.6%
>60 mins 7.4%

Homewood North Demographics

INDUSTRY

Industry % Distribution
Administrative Support 8.8%
Arts & Entertainment 12.8%
Health Care & Social Assistance 31.1%
Public Administration 5.6%
Retail & Wholesale Trader 6.6%
Transportation 4.6%
Other 30.7%
AGE DISTRIBUTION

43% of the population is between the ages of 25 and 64, 46% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 33.6%
15-19 5.1%
20-24 7.2%
25-44 25.1%
45-65 18.1%
66+ 10.9%
OCCUPATION

Occupation % Distribution
Education 16.3%
Healthcare 14.6%
Management, Business, & Financial 13.7%
PCare 13.7%
Production & Transportation 6.5%
Sales & Office 17.9%
Other 17.3%
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 9.3%
High School 34.9%
Masters Degree 4.7%
Some College 32.7%
Some High School 12.8%
Other 5.8%

1412 N Homewood Ave Comps

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1412 N Homewood Ave, Pittsburgh, PA 15208 is a single family home of 1,288 sqft. HomeUnion INVESTimateĀ® for 1412 N Homewood Ave includes a Price Estimate of $41,189 and a Rent Estimate of $1,101. This single family home has 3 bedrooms,2 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 32.08% and Total Return of 38.03%. The estimated 1 year forecast in home value for 1412 N Homewood Ave is 3.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ALLEGHENY County , or the 15208 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2