1548 Pikes Peak Rd PROPERTY INFO
FACTS
- Built In 2012
- Price/Sqft : $154.75
CONSTRUCTION
- Beds : 3
- Floor Size : 1,488 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
1548 Pikes Peak Rd, Allenwood, PA 17810 is a single family home of 1,488 sqft. HomeUnion estimate for 1548 Pikes Peak Rd includes a Price Estimate of $230,263 and a Rent Estimate of $1,235. This single family home has 3 bedrooms, 2 bathrooms, and was built in 2012. This property has an estimated 15 year annualized Yield of 6.44% and Total Return of 17.39%. The estimated 1 year forecast in home value for 1548 Pikes Peak Rd is 6.36%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1548 Pikes Peak Rd SCHOOLS
Financial Details
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ALLENWOOD
Neighborhood : ALLENWOOD
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 $1,235 per month.
MY RENT : $1,235 MEDIAN RENT : $1,145
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 $1,235 would therefore be considered affordable for annual household incomes greater than $49,400 (12 months x 3.333 x $1,235).
HOUSEHOLD INCOME RANGE
Approximately 391 of households in this neighborhood have a total annual income of $49,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,235 per month.
MINIMUM INCOME RANGE : $49,400
COMMUTE TIME DISTRIBUTION
67% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
ALLENWOOD Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 8.4% |
Educational Services | 7.1% |
Health Care & Social Assistance | 18.7% |
Manufacturing | 11.7% |
Retail & Wholesale Trader | 15.0% |
Transportation | 8.8% |
Other | 30.4% |
AGE DISTRIBUTION
76% of the population is between the ages of 25 and 64, 17% is 24 or younger and 7% is 65 or older.
Age | % Distribution |
---|---|
<15 | 9.3% |
15-19 | 2.4% |
20-24 | 5.2% |
25-44 | 49.4% |
45-65 | 27.0% |
66+ | 6.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 8.2% |
Management, Business, & Financial | 14.6% |
Natural Resources Maintenance | 16.4% |
Production & Transportation | 21.6% |
Protect | 6.4% |
Sales & Office | 21.6% |
Other | 11.1% |
HIGHEST EDUCATION LEVEL
10% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 5.4% |
High School | 48.8% |
Masters Degree | 2.7% |
Some College | 21.3% |
Some High School | 15.0% |
Other | 6.8% |
1548 Pikes Peak Rd Comps
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